Posts Tagged ‘detroit turnaround’

Ford Negotiating Deal to Revive Long-Time Symbol of Detroit Decay

Automaker reportedly looking to purchase long-abandoned Michigan Central train station.

by on Mar.20, 2018

The 18-story Michigan Central Station was once the world's tallest railroad depot.

Ford Motor Co. is negotiating the purchase of the old Michigan Central train station a mile from the city’s downtown, according to numerous sources.

The 500,000 square-foot tower, once the world’s tallest railroad depot, has served as a symbol of the Motor City’s decay since closing three decades ago. But if the deal comes together, insiders suggest, it could serve as a sign that Detroit’s nascent renaissance is truly taking hold.

Industry News!

It would also bring Ford back in a big way to the city where it was born. The automaker was incorporated along the Detroit riverfront and founder Henry Ford’s earliest factories were just miles away from the Michigan Central Station. But for most of the last century, Ford has centered its operations in Dearborn, a suburb to the west of Detroit that largely escaped the economic collapse of Motown.