The remains of the old Chrysler appear to have successfully sold the former AMC/Nash-Kelvinator building on Plymouth Road and three other properties for a total of $2.3 million. This is considerably lower than the asking price for the Plymouth Road Office Complex alone, which was valued at $10 million in 2007.
The massive facility at 14250 Plymouth Road, which was home to Jeep/Truck Engineering for years, was originally built for Kelvinator in 1926 to build appliances. The 50 acre property was originally isolated, but the area is now densely populated with businesses and homes. The grounds cover 1.5 million square feet of building space, one third of which is engineering/computer room space.
Nash and Kelvinator, when they merged, put their combined headquarters into the main building at PROC; they made helicopters on the site during World War II. When Hudson and Nash merged, the headquarters of the combined company, AMC, was on the site; and after AMC was purchased by Chrysler, PROC was the central engineering location for trucks and SUVs, a position it held until late in the Daimler years.
Even in 2007, over 1,600 people worked in the complex. Chrysler engineers were finally moved to the Chrysler Technology Center in mid-2009.
The buyer of the site is Manchester Plymouth LLC, a Mount Clemens-based company; they have already paid a substantial deposit. Peter Avitia wrote that he confirmed with the attorneys that there was only one objection to the sale but it “did not stick,” and the sale was approved.
Bill Cawthon wrote, “I have read the court documents which indicate no additional court approval was required because it was an “arms-length” transaction valued at less than $10 million.”
The current, non-bankrupt Chrysler Group is not affected by or involved in the sale.
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