Andreas Apostolopoulos
Encyclopedia
Andreas Apostolopoulos is a Greek-Canadian real estate developer and investor best known for his ownership of the Pontiac Silverdome
Pontiac Silverdome
The Silverdome is a domed stadium located in the city of Pontiac, Michigan, USA, which sits on . It was the largest stadium in the National Football League until FedEx Field in suburban Washington, D.C...

 stadium in Metro Detroit
Metro Detroit
The Detroit metropolitan area, often referred to as Metro Detroit, is the metropolitan area located in Southeast Michigan centered on the city of Detroit which shares an international border with Windsor, Ontario. The Detroit metropolitan area is the second largest U.S. metropolitan area...

.

Biography

Born in Kalamata
Kalamata
Kalamata is the second-largest city of the Peloponnese in southern Greece. The capital and chief port of the Messenia prefecture, it lies along the Nedon River at the head of the Messenian Gulf...

, Greece, Apostolopoulos emigrated to Canada in 1969. Starting as a laborer and janitor, he progressed to owning small service and manufacturing companies and into commercial real estate development and investment. He is currently the chairman of Triple Group of Companies, based in Toronto
Toronto
Toronto is the provincial capital of Ontario and the largest city in Canada. It is located in Southern Ontario on the northwestern shore of Lake Ontario. A relatively modern city, Toronto's history dates back to the late-18th century, when its land was first purchased by the British monarchy from...

, Ontario.

Silverdome Purchase

Apostolopoulos made international news in 2009 when his investment company purchased the Pontiac Silverdome at auction for $583,000. The low purchase price for an 82,000-seat stadium that had been constructed in 1975 for $55.7 million ($220 million in 2009) was seen as a sign of the state's economic woes. However, Apostolopoulos's intentions are to operate the Silverdome as a sports and entertainment venue, and the first event at the Silverdome under his ownership was a monster truck and motorsports show on April 17, 2010.

Real Estate

Andreas Apostolopoulos is known for his passion and talent for revitalizing properties in empty business areas, and communities. He is also known for buying large industrial properties and turning them into gems and redeveloping
Redevelopment
Redevelopment is any new construction on a site that has pre-existing uses.-Description:Variations on redevelopment include:* Urban infill on vacant parcels that have no existing activity but were previously developed, especially on Brownfield land, such as the redevelopment of an industrial site...

 them into useful income producing assets.

External links

Silverdome Web site
The source of this article is wikipedia, the free encyclopedia.  The text of this article is licensed under the GFDL.
 
x
OK