Saturday, March 07, 2015

Detroit area developer stoked to do condo for car buffs

Detroit area developer stoked to do condo for car buffs



Thanks to Deborah for this link.  The article reads like a press release.  A lot of real estate journalism is really intended to promote the local real estate market, and then of course in return the newspapers get all that nice advertising revenue from the developers.



"This winter's snow and ice can't melt fast enough for Brad Oleshansky, Birmingham car buff and founder of the planned 87-acre M1 Concourse off Woodward Avenue in Pontiac. The sooner construction begins on the $60 million car condo development, aimed at auto enthusiasts, the faster the first 55 luxury garage units can open for gearheads who have paid up to $250,000 each to house their vehicles. We're talking serious car people, with seriously expensive cars — not shade tree mechanics. In addition to their luxury garages, owners will have use of a 1.5-mile on-site racetrack."

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