The company name won't be released until the final details of the deal are worked out, but a family-owned real estate company from Toronto won the auction for the Pontiac silverdome. The winning bid, $583,000.
Auction handlers for Pontiac, Williams and Williams, say auction winners plan to give the dome a facelift and use the space for Major League Soccer and professional women's soccer teams.
And it looks like the Silverdome was being eyed by international potential buyers. Williams and Williams say bidders from around the world were interested in the Silverdome. Four bidders were actually in Monday's auction.
Pontiac's landmark has been sitting vacant since the Detroit Lions moved to Ford Field in 2002. The dome is a 80,300 seat-stadium and 127 acres.
The city of Pontiac built the facility in 1975 for $55.7 million.
Comments