$583,000?! 127 acres! AND AN 80,000 SEAT DOMED STADIUM?! Had I know, I would have written a check! (OK, I don't have $583,000...but I'd have found it real quick.) Wow, Michigan is really hurting.
PS...I think perhaps GSAPP should buy a property like this. Design/build studio anyone?
There's a big problem with newly built and half-built abandoned property built before the economic crisis that never were able to be finished and occupied. The developers have all of their loans coming due, and no money to pay it back.
The California legislature is in the process of passing some pretty major overhaul of the state's water infrastructure, especially the Sacramento River Delta and its (potential new) connection to the Los Angeles Aqueduct, along with conservation requirements for urban areas.