Packard Plant sale delayed again as bidder misses deadline - Dallas News | myFOXdfw.com

Packard Plant sale delayed again as second-place bidder misses deadline

Posted: Updated:
An aerial view of a portion of the 3,500 acre Packard Plant site An aerial view of a portion of the 3,500 acre Packard Plant site
(WJBK) -

The Packard Plant sale is delayed again as William "Bill" Hults has missed a Tuesday deadline to pay a second nonrefundable deposit.

The Chicago-area developer has already paid $100,000 in nonrefundable deposit funds. The remaining portion of his bid, approximately $1.9 million dollars, was due Monday, but Hults requested an extension to come up with the funds.

Wayne County granted him the extension on the condition he pay another deposit of $300,000.

That is the deadline Hults has now missed. Fox 2 is told Hults has requested a meeting to discuss the status of his bid later to happen later Tuesday or Wednesday.

If the transaction continues and is completed he hopes to turn the 3,500 acre site into a commercial, housing and entertainment complex.

  • Local NewsLocal NewsMore>>

  • New DTE app lets users check their energy use

    New DTE app lets users check their energy use

    Friday, August 1 2014 7:59 PM EDT2014-08-01 23:59:24 GMT
    Joel Miller, a senior strategist with DTE Energy, gave us some insight -- on DTE insight. The new, free smart phone app helps customers see their energy use hour by hour -- or minute by minute."By studying your data and by looking around your home you can discover what things are using energy," Miller said. Then, you make choices -- replace appliances or physically turn off whatever's not needed -- or is wasting energy, and save money on your energy bill in the process."I think for a lot of u...
    Joel Miller, a senior strategist with DTE Energy, gave us some insight -- on DTE insight. The new, free smart phone app helps customers see their energy use hour by hour -- or minute by minute."By studying your data and by looking around your home you can discover what things are using energy," Miller said. Then, you make choices -- replace appliances or physically turn off whatever's not needed -- or is wasting energy, and save money on your energy bill in the process."I think for a lot of u...
  • Backyard Bliss: The Brown family's backyard

    Backyard Bliss: The Brown family's backyard

    Friday, August 1 2014 7:07 PM EDT2014-08-01 23:07:48 GMT
    Living is easy in the summertime, and some of the very best times are often found right in our own backyard.
    Living is easy in the summertime, and some of the very best times are often found right in our own backyard.
  • Immigration issue hits home in Farmington Hills

    Immigration issue hits home in Farmington Hills

    Friday, August 1 2014 7:04 PM EDT2014-08-01 23:04:59 GMT
    Illegal immigration is an issue that seems to have much of the country at odds, spurring protests from coast to coast and even requests for immigration reform. Now, that concern is really coming to a local level with talk of illegal immigrants headed to places like Vassar, Bay City - and now Farmington Hills.The illegal immigrant children will be headed to Farmington Hills in the next couple weeks, likely before the end of the month. Wellspring Lutheran Services will provide their shelter, fo...
    Illegal immigration is an issue that seems to have much of the country at odds, spurring protests from coast to coast and even requests for immigration reform. Now, that concern is really coming to a local level with talk of illegal immigrants headed to places like Vassar, Bay City - and now Farmington Hills.The illegal immigrant children will be headed to Farmington Hills in the next couple weeks, likely before the end of the month. Wellspring Lutheran Services will provide their shelter, fo...
  • Download the FOX 2 Apps


  • FOX 2 News Five-Day Forecast
Powered by WorldNow

KDFW FOX 4
400 N. Griffin Street
Dallas, Texas 75202

Main Station Directory:
(214) 720-4444
News Fax:
(214) 720-3263 or (214) 720-3333

Didn't find what you were looking for?
All content © Copyright 2000 - 2014 Fox Television Stations, Inc. and Worldnow. All Rights Reserved.
Privacy Policy | New Terms of Service What's new | Ad Choices