Crain’s Detroit Business is reporting that M1 Concourse LLC has amassed most of the $40 million it needs to redevelop an 80-acre former General Motors validation facility in Pontiac, Michigan for the sake of converting it to a recreational test track and automotive event complex.
According to Bradley Oleshansky, CEO and co-owner of M1 Concourse, the M1 Concourse hopes to break ground on the project in the October/November 2013 time frame, after gaining the necessary approval from the U.S. Environmental Protection Agency (EPA) and finishing some engineering studies. If all goes according to plan, phase 1 construction should be complete in time for the 2014 Woodward Dream Cruise. This will include a restaurant and retail space, an office building and at least 40-60 car “condominiums” — which are climate-controlled storage bays for auto enthusiasts, with a loft space and bathroom included. Awesome, awesome, awesome.
To make things even more awesome, the finished project will also include an automotive test track, an exhibition area and a 7,000-square-foot member clubhouse and a total of 338 aforementioned car condos– all of which would be finished from 2-3 years time.
Comments
I will definitely be going there when it opens with my vette. Only 4 miles from my house.
However the condo price I read elsewhere is a bit steep.
I knew the old Fiero plant was coming down and now we know what is going in.
I suspect that you may be trying to avoid upsetting anyone with your subject, but please know that the jucier details will encourage awesome debate when approached with respect..and this IS your page not a democracy- let your “take” be King here!