Fisher Building
The one thing you notice when strolling through the grand old Fisher Building on West Grand Blvd. in Detroit is that it feels very worn and old and lethargic.
Well, now the grand old skyscraper, which houses WJR and the Fisher Theater, is going up on the auction block this summer after dealing with too many vacancies and falling into foreclosure, reports Dan Austin of the Detroit Free Press.
Austin writes:
Often referred to as "Detroit's largest art object," the Fisher will be put up for bid on Auction.com in June, along with its next-door neighbor, the Albert Kahn Building, sources told the Free Press.
One of the likely bidders for the pair of art deco gems will be Spanish developer Fernando Palazuelo, who made headlines in Detroit when he bought the Packard Plant and announced plans to renovate parts of the crumbling factory. He tried to buy the Fisher and Kahn buildings, but negotiations fell apart, and the buildings fell into foreclosure.
