Dan Gilbert's Empire Looks Ready For Capitol Park Expansion
Monday, September 16, 2013, by Paul Beshouri
Evidence suggests Dan Gilbert is now a player in the downtown Detroit district of Capitol Park, where sources tell us Gilbert recently took control of the Bamlet Building (often called the Capitol Plaza Building). Built in 1897, the Bamlet's broken windows and crumbling facade earned it a spot on a 2012 list of Downtown's most dangerous buildings. You wouldn't know it today. Workers have been spotted installing security cameras, removing debris from the building's interior, clearing the windows of advertisements and graffiti. Also gone: the "For Sale" signs.
Several sources, including Ryan Snoek, a downtown Detroit broker affiliated with the recent sale of the David Stott and Free Press buildings, as well as Josh Greenwood--co-owner of Urban Bean Coffee just across the street from the Bamlet, told Curbed that Gilbert's purchase is relatively well-known. A representative of Exclusive Realty, the building's last-known listing agency, confirmed it was no longer on the market.
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http://detroit.curbed.com/archives/2...t-building.php