Report: Developer Building Car Condos, Test Track On Former GM Site

A developer wants to turn a former General Motors testing site into "car condominiums" and a test track. Crains Detroit reports that M1 Concourse plans to break ground on, "The Ultimate Car Enthusiast Destination" this fall. The site is located along Woodward Avenue in Pontiac, Michigan, not far from Detroit.

The giant complex will be located on the site of a former GM facility, which was last used for vehicle validation testing. It will consist of as many as 325 "car condos," which are lofts with integrated garage space for storing two to 50 cars. The M1 Concourse project will also include an automotive test track, which will consist of a one-mile handling course, a one-third-mile straight, and a skid pad. On addition, the plan calls for a destination restaurant, a 7000 square-foot clubhouse for members, a 40,000 square-foot events hall, and various automotive services like paint or detail shops -- but they may only be completed in the second or third years of the project.

Car condos exist across the country, generally offering enthusiasts a place to store or work on their cars, often with an attached loft living space, bathroom, and kitchen. Clubhouses allow likeminded car fans to meet and collaborate.

The Pontiac project is reportedly estimated to cost $40 million to $50 million.A spokesman for the project told us that Phase 1, which includes the restaurant, demonstration garages, and about 40-60 condos should be ready by next year's Woodward Dream Cruise, or August 2014. The planners hope to break ground this November. The City of Pontiac has approved the zoning request, and Oakland County has approved a $19 million brownfield tax credit for the project.

Sources: Crains Detroit, M1 Concourse

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