TechTown to turn former dealership into Tech Two

New Center says buy to the old Dalgleish Caddy dealership and hello to Tech Two, TechTown's second incubator.

Excerpt:

There are two intersections at Cass Avenue and Amsterdam Street in Detroit's Midtown. One is the traditional intersection of roads meeting at 90-degree angles. The other is the past meeting the future, autos making way for stem cells.

Charles Dalgleish Jr. confirmed to Crain's that he and his brother, Douglas, have accepted an offer by Wayne State University to buy their three-story building, which until last fall, when the plug was pulled by General Motors Co. in its round of dealer closings, had housed Dalgleish Cadillac since 1964.

The sale for $1 million is under contract, pending an environmental review of the site that is required before the deal formally closes. WSU plans to use it as TechTown's second incubator and tech park building, to be known as Tech Two.

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