Packard Plant owner makes U-turn on ambitious redevelopment vision; sweeping demolitions planned

Earlier this month, Crain’s reported that Palazuelo, a native of Spain who now lives in Peru, is behind nearly $774,000 in property taxes and other bills and was sued for over $6,000 in unpaid rent. He said three weeks ago that he would pay his tax bill by the end of the year.

Data provided by the Wayne County Treasurer’s Office on Monday shows that he is delinquent on $555,513 in property taxes and he has an overall delinquency on taxes and Detroit Water and Sewerage Department bills totaling $773,724, meaning that $218,010 is owed to DWSD.

He risks losing dozens of parcels next year to the same tax-foreclosure auction process by which he bought the dilapidated plant in 2013, according to city and county spokespeople.

In addition, a $74,573 lien by Priority Waste was filed against his Arte Express Detroit LLC in early March for unpaid work.

Property tax

Read More