"The auction has been adjourned from May 9 to May 16," Larry Griffis, the attorney for Standard Federal and Bank One, tells GlobeSt.com. "The parties are in negotiation, and additional time will be given if negotiations continue."

The sale has been adjourned in negotiations, Standard Federal officials say.

In foreclosure, an auction is called each week. Made In Detroit must ask for an adjournment each week to stave off the sale of its property, Standard Federal officials say.

Tina Bassett, a spokeswoman for Made In Detroit, the company is now putting together a final site plan for the project, that it plans to show the city council some time soon.

Made in Detroit may have to reapply to the city council to get even preliminary approval, as plans already approved expired in November. No problem, Bassett says.

"We're getting ready to move forward again, finally," she says.

The homes will cost between $350,000 to $500,000, she says. The golf courseis now set for nine holes. However, she says the company is trying to acquire the property across Gibraltar Road to build another nine holes.

The development will be built in three phases, Bassett says. The first phase will be around the riverfront area, while the second phases would involve building a bridge to Humbug Island and building dwellings and a marina there.

"There's about 29 homes planned for the island," Bassett says.

The Army was particularly concerned that the company would build near or on the island. It opposes any development past the beach. Residents have protested the development plan ever since it was presented about five years ago, claiming the area should be left as is.