- Sources: Automaker in talks with Morouns’ Crown Enterprises over dilapidated Detroit building
- Ford has bought The Factory nearby to house about 200 employees
- Former train station has been empty for about three decades
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.
Continue reading full article on Crain’s Detroit Business.
