Nov 24, 2009

Silverdome sells for 0.26% of cost to build

Not a joke: Accounting for inflation, Detroit's Pontiac Silverdome was constructed at a cost of $222 million. It sold last week for $583k.

That's right, a building that holds up to 94,000 people sitting on 127 acres of land sells for the price of what is a modest-sized single-family home in some areas.

Poor Detroit.

More from Skip Sauer and Marketplace.

---

Earlier:
Shrinking Detroit [infographic]
Q & A with Skip Sauer

Another sign of the times: "Unburied bodies tell the tale of Detroit"