Stellantis COO buys Fisher mansion, Detroit’s most expensive home

The new homeowners of the most high-priced property at any time marketed in Detroit are Stellantis North The usa COO Mark Stewart and Antonio Gamez Galaz.

The Fisher mansion marketed past week for $4.9 million, the prime property sale in the city’s background. Stewart and Gamez Galaz acquired the Palmer Woods house from Dan Ammann, the previous Typical Motors Co. government and Cruise CEO. Amman was dismissed from the role in December about disagreements in excess of the course of the robotaxi startup.

In a statement, a Stellantis spokesperson claimed Stewart and Gamez Galaz claimed they had been very pleased to be the home’s new house owners.

“They have long been passionate about its architecture and are enthusiastic to turn out to be aspect of the city’s renaissance by creating Detroit their house,” the statement reported. “They search forward to preserving this piece of automotive history for decades to arrive.”

The mansion at 1771 Balmoral Dr. north of West 7 Mile Highway and west of Woodward Avenue, was designed for Alma and Alfred Fisher, then one of the entrepreneurs of the Fisher Body Co., which made motor vehicle bodies.

Alex Chapman, an affiliate broker at Signature Sotheby’s who represented Stewart and Gamez Galaz reported they recognize Detroit heritage, adore architecture and want to be additional concerned in the city’s revival through the obtain.

Chapman claimed they had been impressed by the get the job done Ammann experienced carried out to incorporate air conditioning, update electrical perform and plumbing and yet hold the household in its natural state. The operate Ammann set into the home “surely displays,” he explained.

“It can be just truly nicely accomplished,” Chapman stated.

Stewart has been with Stellantis considering that December 2018, again when it was still FCA. Prior to that, he put in time with Amazon and ZF Group, in which he worked in both equally Shanghai, China and Livonia.

He has an engineering diploma from Vanderbilt College and an MBA from the College of Tennessee, Knoxville.

Stewart spoke at Crain’s Detroit Homecoming VI occasion in 2019 where he mentioned the automaker’s breakneck offer to carry the 1st new auto assembly plant to Detroit because Chrysler’s Jefferson North Assembly Plant opened in 1992.

“It was about the very best 60 times we at any time invested in,” Stewart said.