Sunday, June 17, 2018

Ford buys iconic Detroit train station





I'm so glad something is going to be done with this old building. I loved going to the train station! It was a beautiful building!

Ford Motor Co.'s restoration of the Michigan Central Depot by 2022 would bring 5,000 employees to Detroit's Corktown neighborhood, where the Blue Oval aims to create what it calls "the next generation" of automotive mobility.

Plans for the Corktown campus, to be announced Tuesday, would deliver 1.2 million square feet of mixed-use development spread over multiple parcels and at least three recently acquired buildings. Ford expects to move 2,500 of its employees — roughly 5 percent of its southeast Michigan workforce — to the campus, with space for an additional 2,500 entrepreneurs, technology companies and partners related to Ford's expansion into Autos 2.0.

"It's not just a building," Ford Executive Chairman Bill Ford Jr. told The Detroit News in an interview at Ford World Headquarters. "It's an amazing building, but it's about all the connections to Detroit, to the suburbs, and the vision around developing the next generation of transportation."

The company's goal is to establish its Corktown site at the east end of an evolving mobility corridor evoking Michigan Avenue's earlier road to the Arsenal of Democracy. The campus would be a critical node in a circuit running from Detroit through Ford's Dearborn headquarters, to Detroit Metropolitan Airport and the American Center for Mobility at Willow Run, ending at University of Michigan research sites.


"This will be the biggest thing to happen in Detroit since Dan Gilbert brought Quicken down," Mayor Mike Duggan told The News. Ford's Corktown plan promises to bring thousands of new tax-paying jobs to the city, as well as complementary investment to satisfy growing demand in a part of town best known for bars, restaurants and coffee shops — not big business.
(Detroit News) 


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