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The Pontiac Silverdome has been sold for $583,000
The Pontiac Silverdome has been sold.
The dome was sold Monday to an unidentified Canadian businessman, who will pay $583,000 for the building and 127-acre property. The identity of the buyer and his company's name were not immediately released.
The man's company reportedly wants to put men's and women's soccer teams into the stadium and use the 34-year-old structure.
The Silverdome, at Featherstone Drive and Opdyke Road, was built for $55.9 million dollars in 1975 and was the home to the Detroit Lions until they moved in January of 2002.
The $583,000 bid won out over three other bids in the silent auction.
The winning bid was announced this afternoon at the Marriott at Centerpoint in Pontiac.
Emergency Financial Manager Fred Leeb said the sale was something that needed to be done, because the city runs out of money to keep the upkeep of the dome at the end of the year. Leeb has said it costs about $1.5 million a year to maintain the dome, which has seen little use since the Lions left town for downtown Detroit
The dome was sold Monday to an unidentified Canadian businessman, who will pay $583,000 for the building and 127-acre property. The identity of the buyer and his company's name were not immediately released.
The man's company reportedly wants to put men's and women's soccer teams into the stadium and use the 34-year-old structure.
The Silverdome, at Featherstone Drive and Opdyke Road, was built for $55.9 million dollars in 1975 and was the home to the Detroit Lions until they moved in January of 2002.The $583,000 bid won out over three other bids in the silent auction.
The winning bid was announced this afternoon at the Marriott at Centerpoint in Pontiac.
Emergency Financial Manager Fred Leeb said the sale was something that needed to be done, because the city runs out of money to keep the upkeep of the dome at the end of the year. Leeb has said it costs about $1.5 million a year to maintain the dome, which has seen little use since the Lions left town for downtown Detroit
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