How much is an 80,300 seat sports dome worth these days? Well, Detroit’s Pontiac Silverdome, which was home to the Detroit Lions between 1975 and 2001, cost $55.7 million dollars to build in 1975. Prior to its resent purchase, the unused arena was costing the city of Detroit $1.5 million dollars a year in maintenance. So how much did it sell for?
A whopping $583,000 – and no, you’re not reading that incorrectly.
An unnamed Canadian company purchased the building for the same price as a condo in downtown Vancouver.
