Pontiac Silverdome is for sale
currently has no tennants
built in 1975
The City's yearly maintenance costs for the empty stadium 1.5$mil
capacity 80,311 seats
Many attempts to sell the Silverdome have failed. However, the city of Pontiac recently announced in October 2009 that the
property will go to auction with no minumum bid, and that zoning regulations would be relaxed for any buyer in order to spark development.
"We're told there has already been considerable interest, but if the high bid is only $1, well, then that's it."
Susan Shoemaker, a City Council member for 12 years, said she and other council members are concerned about the outcome of the auction.
Bids will be accepted by Williams & Williams, the Tulsa, Okla.-based auctioneer, through 4 p.m. Nov. 12, when the city -- at its discretion -- can declare the high bidder the winner and end the auction.
Guess what the odds of anyone buying Ivor Wynne are? When the Silverdome is having difficulty finding a buyer. And that is a stadium in the suburbs with massive parking.
Ivor Wynne basically has a negative investment value after the Ti-Cats move out..... to Burlington