New Center says buy to the old Dalgleish Caddy dealership and hello to Tech Two, TechTown's second incubator.
Excerpt:
There are two intersections at Cass Avenue and Amsterdam Street in
Detroit's Midtown. One is the traditional intersection of roads meeting
at 90-degree angles. The other is the past meeting the future, autos
making way for stem cells.
Charles Dalgleish Jr. confirmed to
Crain's that he and his brother, Douglas, have accepted an offer by
Wayne State University to buy their three-story building, which until last fall, when the plug was pulled by
General Motors Co. in its round of dealer closings, had housed
Dalgleish Cadillac since 1964.
The
sale for $1 million is under contract, pending an environmental review
of the site that is required before the deal formally closes. WSU plans
to use it as
TechTown's second incubator and tech park building, to be known as Tech Two.
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