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Ford Motor Company may purchase and redevelop Michigan Central Station in Detroit
Posted on 3/19/18 at 2:03 pm
Posted on 3/19/18 at 2:03 pm
quote:
LINK
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.
If a deal comes to fruition, it would mark Ford's biggest step back into the city where it was born, three months after announcing that it was going to put more than 200 employees just down Michigan Avenue in The Factory at Corktown building. A redeveloped train station could house more than 1,000 workers, depending on the layout
There is a lot of great architecture in Detroit. This one always stood out and has amazing potential to be a truly beautiful building. It's been an empty eyesore for over 20 years.
Posted on 3/19/18 at 2:05 pm to member12
Massive in scale when up close. They have tried revitalizing it several times.
The downtown area is starting to grow around it again.
The downtown area is starting to grow around it again.
Posted on 3/19/18 at 2:06 pm to member12
I never get up there so forgive the potentially dumb question but doesn't much of downtown Detroit and Chicago look like a bombed out WWII city? Looking at that building and the overgrown lot in front, that doesn't look like something you would see in an urban environ.
Posted on 3/19/18 at 2:06 pm to member12
So are my Ford dividends going up or down because of this?
Posted on 3/19/18 at 2:07 pm to jbgleason
Yes, Detroit looks very similar to Berlin after WWII.
Posted on 3/19/18 at 2:07 pm to jbgleason
quote:
I never get up there so forgive the potentially dumb question but doesn't much of downtown Detroit and Chicago look like a bombed out WWII city?
Yes and no. There are a lot of huge square foot buildings that are in good shape, just no businesses for them. The core downtown part is really nice and revitalized.
Posted on 3/19/18 at 2:08 pm to member12
I remember going to Detroit for a hockey tournament a few years ago over winter break and we were staying outside of town and going into downtown to see a hockey game at Comerica Park. I remember seeing that building standing by itself and just thinking WTH is that?
Posted on 3/19/18 at 2:08 pm to jbgleason
quote:
I never get up there so forgive the potentially dumb question but doesn't much of downtown Detroit and Chicago look like a bombed out WWII city?
No.
Posted on 3/19/18 at 2:08 pm to jbgleason
quote:
I never get up there so forgive the potentially dumb question but doesn't much of downtown Detroit and Chicago look like a bombed out WWII city?
Both of those cities have beautiful downtowns.
There is extreme urban decay in Detroit, but their downtown area is very nice.
The size and scale of this particular building makes it very hard to redevelop. Looks like it may finally happen.
Posted on 3/19/18 at 2:27 pm to jbgleason
Went there in 2016, and the answer is no.. the downtown areas actually look pretty nice, with a combo of older and newer skyscapers, ALL of their sports facilities, nice landscaping and parks; a vibrant riverfront park, etc. The Michigan Central is on the very edge of downtown (and was a train station), thus why it is being addressed later.
Now, the rest of the City of Detroit-- the older residential areas in particular, between 100-75 years old (like New Orleans' Uptown)-- looks like the lower 9th Ward post-Katrina. Vacant lots galore, when there are structures left half the time they are vacant.
The same goes for schools, churches, retail buildings and some factories. Many abandoned/empty, overgrown with vegetation.
It's kind of neat in a creepy way. People have taken video of things like deer, pheasant and foxes in these urban neighborhoods. Sort of like nature is taking over again.
Now, the rest of the City of Detroit-- the older residential areas in particular, between 100-75 years old (like New Orleans' Uptown)-- looks like the lower 9th Ward post-Katrina. Vacant lots galore, when there are structures left half the time they are vacant.
The same goes for schools, churches, retail buildings and some factories. Many abandoned/empty, overgrown with vegetation.
It's kind of neat in a creepy way. People have taken video of things like deer, pheasant and foxes in these urban neighborhoods. Sort of like nature is taking over again.
Posted on 3/19/18 at 2:29 pm to member12
I always hoped that building would be restored.
Posted on 3/19/18 at 2:30 pm to member12
If I recall correctly, it was a stunningly pretty place once upon a time.
Posted on 3/19/18 at 2:33 pm to member12
It would be interesting to know the money details of that purchase, I bet they aren’t spending much
Posted on 3/19/18 at 2:35 pm to member12
Was featured a lot in the last 1/2 hour of the "Batman vs. Superman: Dawn of Justice" movie
Posted on 3/19/18 at 3:26 pm to BRich
quote:
Now, the rest of the City of Detroit-- the older residential areas in particular, between 100-75 years old (like New Orleans' Uptown)-- looks like the lower 9th Ward post-Katrina. Vacant lots galore, when there are structures left half the time they are vacant.
The tragedy is that a lot of housing and public buildings that have been allowed to decay could be beautiful if restored. Much of it is very well built and designed when people had a lot of pride in Detroit.
People are walking away from beautiful architecture. In many cases abandoned buildings are being demolished or burned out of completely justified concerns of crime.
I'm glad that they are restoring Michigan Central instead of demolishing it. Detroit's recovery is very slow, but hopefully it starts to accelerate soon.
Posted on 3/19/18 at 3:29 pm to member12
I know an asbestos abatement contractor who said when they first went in there a few years ago, there was a few feet of water and some cases of liquor and wine from way back in the day. Also, at that time, corrupt Kwame Kilpatrick was kicking out legitimate contractors for his buddies. Anyway, it will probably cost a fortune to rehab, but good on Ford for trying.
Posted on 3/19/18 at 3:31 pm to jbgleason
quote:
I never get up there so forgive the potentially dumb question but doesn't much of downtown Detroit and Chicago look like a bombed out WWII city?
Yes. The similarities are striking.
Posted on 3/19/18 at 3:36 pm to jbgleason
quote:
I never get up there so forgive the potentially dumb question but doesn't much of downtown Detroit and Chicago look like a bombed out WWII city? Looking at that building and the overgrown lot in front, that doesn't look like something you would see in an urban environ.
Detroit, yes in parts.
Chicago has one of the nicest downtown areas you will find anywhere
Posted on 3/19/18 at 3:39 pm to northshorebamaman
I was talking about the areas on the edge as shown by the previous poster and not the city center obviously. But, in the spirit of the OT, that was a pretty decent post.
Posted on 3/19/18 at 3:40 pm to jbgleason
quote:
I was talking about the areas on the edge
You just said downtown.
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