One of the first and most successful examples of urban renewal, Detroit's 78-acre Lafayette Park is known for being the world's largest collection of works by Mies van der Rohe. Now, the mid-century modern "masterpiece" is the first urban renewal project to be declared a National Historic Landmark. This is partially due to the fact that, as Ruth Mills, architectural historian for Quinn Evans Architects told the Detroit Free Press, "Lafayette Park was one of the few urban renewal projects that's done it successfully." It is now Michigan's 41st landmark.
No architectural gem is safe from Detroit’s foreclosure crisis – not even two of Mies Van der Rohe’s very own creations. The Lafayette Towers, two 22-story towers of 584 units, originally part of a major urban redevelopment project in the late 50s early 60s, are up for auction July 18th.
But be warned, there is a catch…
Find out the fine print, after the break.