Old General Motors Plant to Become Multi-Million Dollar Car Condos

In 2008, the doors slammed shut at the General Motors assembly plant on the corner of Woodward Avenue and South Boulevard in Pontiac, Michigan – never to open for business again. But seven years later, one intrepid group is bringing car culture back to that site in a big, big way.

It’s called the M1 Concourse, a project spearheaded by CEO Brad Oleshansky, which will turn the disused 87 acre blank slate into private car condominiums for storing, enjoying, working on, and even racing cars. Yes, racing. The multi-million dollar project includes plans to develop a 1.5 mile racing circuit throughout the grounds, equipped with a third-mile straightaway.

The project’s official groundbreaking ceremony took place on June 24th, and The Detroit News reports the track will be constructed by the close of 2015 with the first of the 264 car condos in operation by Spring 2016.


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Old General Motors Plant to Become Multi-Million Dollar Car Condos