#FernandoPalazuelo

The Packard bridge today.

You may have seen the news that the developer who hopes to renovate the decrepit Packard plant site on Detroit’s east side has covered the factory’s signature bridge over East Grand Blvd in a scrim that reproduces the look of the bridge during the plant’s heyday in the 1930s. I’m sure that you’ve seen dozens of photos of one of Detroit’s more notorious landmarks, but have you ever wondered just why a car factory had a bridge?

That bridge was actually part of Packard’s assembly line.

In shambles with the rest of the property, the pedestrian bridge at the Packard Plant in Detroit is now wrapped in its 1930s glory for the next year.

Wayne County Chief Deputy Treasurer David Szymanski said that on Thursday, Peruvian developer Fernando Palazuelo made the final payment of the $405,000 he bid for the sprawling, decrepit, Albert Kahn designed Packard Plant on East Grand Blvd in Detroit. Palazuelo was the third highest bidder, but when Texas doctor Jill Van Horn’s winning $6 million bid vaporized and Chicago developer Bill Hults only came up with 10% of his $2 million bid, the county accepted Palazuelo’s price. Palazuelo, who is originally from Spain, claims to have had a successful track record of redeveloping distressed properties in Lima, Peru.