I wonder what will be built at the site.
Controversial landlord unloads large abandoned Corktown property
Controversial Detroit landlord Dennis Kefallinos has sold the abandoned former Southwest Detroit Hospital. The $6.5 million sale took place March 15, according to city property records. The seller was Kefallinos’s 20th Street Development Property LLC and the buyer was an entity called 402310 Holdings LLC. Business incorporation documents for the purchasing entity do not reveal who is behind it, although city property records list the taxpayer address as a home owned by Edward Siegel, a former owner of the Urban Bean Co. coffee shop [[now called Spkrbox) in the Capitol Park neighborhood.Plans for the hospital and its property, which is about 250,000 square feet on close to 5.6 acres at Michigan Avenue and 20th Street on the Corktown neighborhood’s western-most edge, are not known. The hospital has been vacant for nearly two decades.
https://www.crainsdetroit.com/real-e...sold-new-ownerOn Thursday afternoon, Siegel verified he bought the old hospital but wouldn’t discuss “the project, partners or clients” for the site, which has attracted intrigue the last few years. That's in part because of its location just a few blocks west of the soon-to-reopen redeveloped Michigan Central Station owned by Ford Motor Co., and a longstanding — now deteriorated — sign Kefallinos installed promising a mixed-use redevelopment in 2020 that never came.
An email was sent to Kefallinos seeking comment on Thursday and a voicemail was left with one of his deputies as well. There have been several attempts to knock the building down dating back more than a decade, but it remains standing. City property records list the assessed value at $2.66 million. In 2021, Kefallinos listed it for sale for $17.5 million as the city was attempting to tear it down.
City records show at least 93 blight violations at the property over the years, including many under previous ownership.
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