As Detroit nears the one year anniversary of the largest municipal bankruptcy filing in U.S. history, creative professionals in a busy downtown corridor are the target of a Washington, D.C.–funded “innovation district” that hopes startups will rev Detroit’s stalled economic engine. Read More
Unfortunately for the Detroit Institute of Art, red ink may yet claim its city-owned collection. This week the museum confirmed Christie’s Appraisals had been hired to appraise a portion of the cultural institution’s holdings. But an appraisal is not a sale.
Detroit’s Packard Automotive Plant is one of Albert Kahn’s most well-known designs. But while this 3.5 million-square-foot behemoth remains iconic, it’s not exactly enduring.
Collapsed roofs, asbestos, and an ocean of debris (apparently navigable) are among the foreclosed property’s less attractive qualities. But Bill Hults thinks a $350 million renovation project could revive the plant, which closed in 1956, perhaps positioning it at the center of a metro-area rebound.
Burdened by more than $3 million in debt, the Pasadena Playhouse closed its doors on Sunday. The nonprofit company intends to “explore viable options of financial reorganization, including bankruptcy, to determine a responsible solution for its ongoing operations,” according to a statement. While the theater’s fate is resolved, the Mission-style building itself, designed by Elmer Grey (who also designed much of CalTech’s campus) in 1925, will be protected, since it’s a California state landmark and owned by the city of Pasadena. But the situation doesn’t bode well for the two-phase project that Frank Gehry had agreed to undertake for the playhouse pro bono. That work included a renovation of its balcony performance space, the Carrie Hamilton Theater, and the creation of a new 300-400 seat theater across the street. Read More