and retail space. In November 2012, the structure was placed for auction because the owners, Luke Investments, could not agree on a redevelopment plan. The building sold again in September 2013 for approximately $4.15 million. The new owners expect to begin renovations in late 2014 to recreate retail space on the street level and 150 apartments on the upper floors. Redevelopment In September 2016, billionaire developer Dan Gilbert bought the property, through Pyramid Development Co, LLC, for a reported $8.425 million. Throughout the next four years, the building was redeveloped into a mixed-use project with 8,000 square feet of retail space, 55,000 square feet of office space, and 105 new apartments. The building, renamed "The Press/321", began leasing in September of 2020. Gallery References Further reading External links Inside the abandoned Detroit Free Press Building at Detroiturbex.com Skyscraper office buildings in Detroit Unused buildings in Detroit National Register of Historic Places in Wayne County, Michigan Historic district contributing properties in Michigan Art Deco architecture in Michigan Detroit Free Press Newspaper headquarters in the United States 1925 establishments in Michigan Office buildings completed in 1925 Albert Kahn (architect) buildings