Possible New Life for Michigan Central Station? Ford Motor Co. a Buyer? YES!
UPDATE 4: THE COMPLETELY RENOVATED MICHIGAN CENTRAL OPENS ON JUNE 6, 2024 WITH GALA EVENTS.
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UPDATE 3: Renovation is Underway
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UPDATE 2: Ford Purchases Michigan Central Building
Moving advance mobility operations to Corktown.
UPDATE 1: Ford In Negotiations To Buy Michigan Central RE Building“Ford Motor Co. is in discussions to purchase the dilapidated Michigan Central Station in Detroit's Corktown neighborhood just outside of downtown, Crain's has learned from multiple sources familiar with the negotiations.
/END UPDATES
ORIGINAL OPENING POST FOR THIS THREAD
"Moroun envisions the depot having a straight-shot rail line to Detroit Metropolitan Airport and being a stop for Amtrak’s high-speed train routes to Chicago and a connection to Ontario’s VIA through the adjacent rail tunnel that dips below the Detroit River."
Seeing as it's the Morouns idk if I won't hold my breath but it'd be cool if this were to happen... maybe Matthew will do more than Matty has done.
http://www.crainsdetroit.com/article...t-depot-trains
Breaking News: Ford in negotiations to buy Michigan Central RE Building
“Ford Motor Co. is in discussions to purchase the dilapidated Michigan Central Station in Detroit's Corktown neighborhood just outside of downtown, Crain's has learned from multiple sources familiar with the negotiations.
The exact status of negotiations is unknown. But two sources familiar with the matter said a deal for the Dearborn-based automaker to redevelop the 500,000-square-foot former train station off of Michigan Avenue owned for decades by the Moroun family could come as soon as next month.”
http://www.crainsdetroit.com/article...gnews-20180319
Ongoing Michigan Central thread here >>
Wayne County also had discussions about moving offices to train station
Maybe this brings Wayne County back in the tenant mix? From Crains:
Before Ford Motor Co.
emerged yesterday as the leading suitor for the long-vacant Michigan Central Station, Wayne County had months of discussions last year with its owner on a large lease to move at least 500 county employees there from the Guardian Building downtown.
Khalil Rahal, the county's economic development director and assistant county executive, said in an interview with Crain's Tuesday that the county had explored for six to eight months moving employees into the 500,000-square-foot former train station building at 2001 15th St. in Detroit's Corktown neighborhood.
The county scrapped the idea around late October because it would have paid more in the train depot than it's currently paying in Guardian Building at 500 Griswold St. But the discussions are another sign that the train station, a physical symbol of Detroit's decline, is drawing serious interest in reviving it.
To make the deal work, the county would have sold the Guardian; the county has said it will not sell the building for less than it takes to retire the bonds issued to finance improvements to it made during the administration of former County Executive Robert Ficano.
http://www.crainsdetroit.com/article/20180321/news/655791/wayne-county-also-had-discussions-about-moving-offices-to-train-station