Read more about Phoenix Mills, GIC to set up investment platform in India with $733 mn on Business Standard. Phoenix Mills Ltd and GIC have partnered to establish a $733 mn investment platform for retail-led mixed-use assets in India
GIC and Phoenix Mills to establish a retail-led mixed-use investment platform in India with an initial portfolio of $733 million, the company said in a regulatory filing
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The historic mill once used by Henry Ford along Wilcox Road has been authorized for sale again by the Wayne County Commission.
With that May 20 authorization for the the mill at 230 Wilcox in Plymouth, the county can now negotiate the sale with Richard Cox, the selected buyer.
The sale of the mill to Cox came months after Plymouth artist Tony Roko pulled out of the proposed art center project, citing high costs, especially in light of the effects from the COVID-19 pandemic.
As a result, the county went to Cox, who had the second-highest proposal, and extended an offer to purchase the mill to him. The contract language for the mill is the same, though does build in more time to work on the project, Commissioner Terry Marecki, R-Livonia, said.