BuzzBuzzHome says: Wow.. A huge stadium (with endless possibilities) or a 1,100 square foot condo in Toronto?

(Source: Globe and Mail)

Andreas Apostolopoulos didn’t expect to actually win when he mailed in a low-ball bid for an abandoned 88,000-seat stadium in suburban Detroit.

After spotting an auction ad in the back of a newspaper only weeks ago, he decided to bid $583,000 (U.S.) for the Pontiac Silverdome, the former home of football’s Detroit Lions. The president of Toronto-based Triple Properties Inc. put a $250,000 deposit in the mail, with only online documents from the auction house to guide him.

Read Steve Ladurantaye’s full article “Toronto developer acquires Pontiac Silverdome” in the Globe and Mail (November 23, 2009).

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