Tuesday, October 29, 2013

Modular Home Factory Headed to Detroit?

What do you get when you have a woman with absolutely no experience in modular housing who gets a ton of money from investors including international ones that collectively have no modular housing experience either?

No, It's Not Blu Homes. 

It's a doctor from Texas who is paying $6,038,000 for the old derelict Packard automobile plant where she expects to build residential and commercial modular structures and ship them around the world. She also expects to hire up to 6,000 workers.

Here is a video of the Packard buildings she is trying to buy from the city. Let me know if you see any chance of success.



I know what you must be thinking but trust me, it's not Blu Homes.

CLICK HERE to read the article in the Detroit Free Press.

6 comments:

Ibgreen said...

I will predict that they will name themselves Tetanus Homes and flood the market with reps wanting builders to "give them a shot".

Seriously, the Phase 1 environmental charge alone will be astronomical. Shipping on train cars???? I hope the city has a non-refundable Ernest monies from this group.

Ibgreen said...

Time for an update...........deadline missed, it's back up for auction.........

Dean Long said...

Wow!! We have one of the largest Commercial Modular Facilities on the East Coast if she's REALLY interested in getting into the industry. Not only is it one of the largest . . . It is designed to be THE MOST EFFICIENT.

Anonymous said...

I wouldn't pay $1.00. The cost of removing the junk would be prohibitive.

Ricky Matlock said...

Being in the modular business for 20 years, this just doesn't make sense. The property is not suitable and it would take at least 2 years to get open. With only a $6 million budget, she's not even close to getting started. Sounds like the old Tucker Car facility in Chicago. Getting approved submittals for each state and country would be a monumental expense. Carrying a materials inventory for every state and country would be a nightmare. How about service and warranty needs? Shipping on train cars has been tried already. Transporting on rail causes tremendous damage to modulars, let alone the logistics of unloading on the receiving end. At this scale, it's a pipedream.

Anonymous said...

Head north from Detroit, on M-53, for just an hour or so and will find the unused facility of Active Homes in Marletee, Michigan. Why spend all that money when a facility is just waiting...open up the doors, flip on the lights, and go to work. This is a no-brainer!