Once a vacant building in Detroit, the Tiger Stadium met its match with an eager demolition crew. The ballpark’s bittersweet end didn’t last long, however, as the Tiger Stadium came back to life through cars, roads and even kitchen sinks.
Tiger Stadium was last packed with fans in 1999. Since then, the team moved to Comerica Park, and the building stood as a barren reminder of the past. Few noticed the empty stadium, but recycling companies took interest in the potentialÃ‚Â urban mine.” Farrow Group Inc. and MCM Management Corp. chose to dissemble the stadium and sell its metal scrap, but not just as a favor to the city. Although base metals and the steel markets have recently plunged, scrap prices were booming earlier this year. Therefore, those bleachers contained cash.
Reportedly, 94 percent of the demolished stadium has been recycled, ready for a new life as a pick-up truck or toaster. More than 11.4 million pounds of steel emerged from the wreckage, alongside 17.4 million pounds of concrete and debris and 89,000 pounds of aluminum, copper and other valuable commodities. It’s assumed that the stadium’s materials, post-demolition, were worth more than $1 million.
“With scrap prices sky-high — the price of scrap steel has increased 251 percent in the past five years — aggressive recycling has become more profitable,” CNN reports. “A recent survey by the National Demolition Association, an industry group, found about 75 percent of demolition material is typically reused or recycled.”
Demolition companies, take note: There’s gold in those abandoned buildings!