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Judge unblocks $583,000 Pontiac Silverdome sale
Posted: 11.24.2009 at 3:25 AM
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(AP) -- PONTIAC, Mich. (AP) - A judge has cleared the way for a Canadian company to pay $583,000 for the Pontiac Silverdome, built for $55.7 million in 1975 to house the NFL's Detroit Lions. The Lions abandoned the 80,300-seat stadium in 2002, when they moved to Detroit's Ford Field. Pontiac has been spending $1.5 million a year to maintain the largely unused stadium.
Oakland County Circuit Court Judge Edward Sosnick refused Monday to grant a preliminary injunction to Silver Stallion Corp., which made a $20 million offer for the Silverdome last year. That deal fell through in a dispute over environmental cleanup costs.
Sosnick earlier issued a temporary restraining order blocking the sale to Triple Properties Inc. of Toronto.
(Copyright ©2009 by The Associated Press. All Rights Reserved.)