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Tom Gores has toured a Grosse Ile estate containing a helipad that could ease his commutes to The Palace

Louis Aguilar of The Detroit News:

Tom Gores — a 47-year-old private equity investor and full-time resident in Beverly Hills, Calif., who bought the Pistons in June — is considering buying a Metro Detroit residence closer to his basketball and concert facilities, a spokesman for Gores said, but declined further comment.

Gores has several times toured the 5-acre estate in Grosse Ile once owned by the late auto aftermarket magnate Heinz Prechter, said Ronni Keating, a Realtor with SKBK’s Sotheby’s International Realty, representing the home.

Called the Prechter estate, the property includes a 6,200-square-foot-home with a tennis court, an Olympic-size swimming pool with Pewabic tile, a video conference center and a private dock that can accommodate a 250-plus-foot yacht.

The Prechter estate in Grosse Ile is listed for $5.4 million — a little less than half of $11.2 million it listed for in 2004, according to news reports.

“What may be the big selling point for Mr. Gores is the helipad,” referring to the helicopter landing area on the property, said Keating.

A helicopter would avoid traffic snarls and shave time off any commute from the Downriver island to northern Oakland County where his arena and concert venues are located.

I wonder where Gores, a California resident, got that idea.

On a more serious note, I’m glad to see Gores is looking to buy a home in Metro Detroit. Although I don’t think he must be around The Palace at all times, I think it would help if he spends more time in Michigan.

3 Comments

  • Jul 13, 20116:33 pm
    by Bill Walton

    Reply

    Yea Grosse Ile baby might as well buy the entire island while hes at it.  I bet his wife convinced him to buy that house considering she is from GI.  I think right?  anyways born n raised on that island great place to live.

  • Jul 14, 201112:52 am
    by BBFFL

    Reply

    PRIVATE DOCK,ACCOMADATES A 250 FT YACHT.PRIVATE HELIPAD,OLYMPIC SIZE SWIMMING POOL.20 MINUTES FROM MY PALACE,47 YRS OLD.AND THATS JUST A SMALL PORTION OF IT.DAMN LIFE IS GREAT!!!!!!GO PISTONS.

  • Jul 24, 201110:44 pm
    by Mongo

    Reply

    Good for Gores!!  He already has a beautiful home on East River Road, about 2 miles south of the Prechter estate.

    Hope to see him one day on the Island.

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