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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 by member12
Bob's Country Bunker
Member since May 2008
32096 posts
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 by fightin tigers
Downtown Prairieville
Member since Mar 2008
73681 posts
Posted on 3/19/18 at 2:05 pm to
Massive in scale when up close. They have tried revitalizing it several times.

The downtown area is starting to grow around it again.
Posted by jbgleason
Bailed out of BTR to God's Country
Member since Mar 2012
18911 posts
Posted on 3/19/18 at 2:06 pm to
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 by deeprig9
Unincorporated Ozora, Georgia
Member since Sep 2012
64033 posts
Posted on 3/19/18 at 2:06 pm to
So are my Ford dividends going up or down because of this?

Posted by JackieTreehorn
Malibu
Member since Sep 2013
29097 posts
Posted on 3/19/18 at 2:07 pm to
Yes, Detroit looks very similar to Berlin after WWII.
Posted by fightin tigers
Downtown Prairieville
Member since Mar 2008
73681 posts
Posted on 3/19/18 at 2:07 pm to
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 by jlovel7
Louisiana
Member since Aug 2014
21321 posts
Posted on 3/19/18 at 2:08 pm to
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 by Y.A. Tittle
Member since Sep 2003
101453 posts
Posted on 3/19/18 at 2:08 pm to
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 by member12
Bob's Country Bunker
Member since May 2008
32096 posts
Posted on 3/19/18 at 2:08 pm to
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 by BRich
Old Metairie
Member since Aug 2017
2224 posts
Posted on 3/19/18 at 2:27 pm to
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.
Posted by upgrayedd
Lifting at Tobin's house
Member since Mar 2013
134865 posts
Posted on 3/19/18 at 2:29 pm to
I always hoped that building would be restored.
Posted by Sao
East Texas Piney Woods
Member since Jun 2009
65776 posts
Posted on 3/19/18 at 2:30 pm to

If I recall correctly, it was a stunningly pretty place once upon a time.
Posted by Ed Osteen
Member since Oct 2007
57489 posts
Posted on 3/19/18 at 2:33 pm to
It would be interesting to know the money details of that purchase, I bet they aren’t spending much
Posted by BRich
Old Metairie
Member since Aug 2017
2224 posts
Posted on 3/19/18 at 2:35 pm to
Was featured a lot in the last 1/2 hour of the "Batman vs. Superman: Dawn of Justice" movie
Posted by member12
Bob's Country Bunker
Member since May 2008
32096 posts
Posted on 3/19/18 at 3:26 pm to
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 by Bunk Moreland
Member since Dec 2010
53410 posts
Posted on 3/19/18 at 3:29 pm to
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 by northshorebamaman
Cochise County AZ
Member since Jul 2009
35498 posts
Posted on 3/19/18 at 3:31 pm to
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 by cahoots
Member since Jan 2009
9134 posts
Posted on 3/19/18 at 3:36 pm to
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 by jbgleason
Bailed out of BTR to God's Country
Member since Mar 2012
18911 posts
Posted on 3/19/18 at 3:39 pm to
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 by northshorebamaman
Cochise County AZ
Member since Jul 2009
35498 posts
Posted on 3/19/18 at 3:40 pm to
quote:

I was talking about the areas on the edge

You just said downtown.
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