Detroit’s Corktown is already thriving, and Ford Motor Co. could really send it into orbit.
Kirk Pinho of Crain’s Detroit Business reports:
Ford Motor Co. is in talks with multiple Corktown property owners in an effort that would create a sweeping campus consisting of dozens of individual properties, including both buildings and parcels of land, in the area, Crain’s has learned.
With the abandoned Michigan Central Station as the campus’ anchor, Ford is also nearing deals to buy properties ranging from small retail buildings and slivers of land to large warehouses, according to a half-dozen sources who have been briefed on the discussions with property owners.
The Dearborn-based automotive giant, which employs 48,000 in Michigan, is expected to reveal its intention to buy and redevelop the dilapidated Michigan Central Station in Corktown next month, according to four other sources familiar with the campus discussion.