Michigan is in a bit of a transition, as you may have already noticed. But what better way to illustrate this than when Pontiac's new movie studio buys one of GM's Pontiac Centerpoint buildings for its new home. From one industry to another, right? Of course film won't replace autos, but it shows that there's something else... besides cars.
The group of investors planning a $75 million movie production and training facility in Pontiac has closed on a land contract to purchase one of the Pontiac Centerpoint buildings from General Motors Corp.
It's a benchmark in a project that's been in the works for more than a year -- which started, oddly enough, when its driving force considered leaving Michigan.
Linden Nelson, an entrepreneur turned real estate developer, was ready to move out West, he said. What stopped him was a conversation with Alfred Taubman, founder of Bloomfield Hills-based Taubman Centers Inc.
"He said, 'You're not leaving Michigan,'" Nelson said. "He said 'Michigan's been good to you, you need to be a leader.'"
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