Crain's Detroit Business,
12/11/2007
Wayne County Commissioners last week voted to sell up to $60 million in
bonds to be used to buy downtown's historic Guardian Building.
Excerpt:
The purchase would also include the First Street Parking Garage, and a
vacant bank building on Woodward Avenue at Congress Street.
Commercial
tenants now occupying about 46 percent of the space in the Guardian
Building, and paying about $2 million annually, will remain, County
Executive Robert Ficano said.
Ficano said the county continues
to negotiate with owners of the Old County Building at 600 Randolph to
purchase that building, which houses the commission and executive
offices.
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