Ford recently revealed that it has purchased Michigan Central Station, the once-grand transportation hub in Detroit’s Corktown neighborhood. Ford Executive Chairman Bill Ford announced in June that the building will become the focal point of a new campus that will aim at drawing in young innovators as the company continues to focus on electrified and autonomous vehicle development and Smart Mobility solutions.
“Michigan Central Station is a place that in many ways tells the story of Detroit over the past century,” said Ford. “We at Ford want to help write the next chapter, working together in Corktown with the best startups, the smartest talent, and the thinkers, engineers, and problem-solvers who see things differently — all to shape the future of mobility and transportation.”
Ford will acquire at least 1.2 million square feet of property in Corktown on the way to developing a 900,000-square-foot campus and 300,000 square feet of community and retail space and residential housing. Once complete, Ford is expected to house 2,500 employees in Corktown by 2022.
The plan to develop a new campus in Corktown will not impact Ford’s Dearborn Campus Transportation plan, which kicked off in 2016 and is ongoing today. Ford says that the Wagner Place development in West Dearborn and a new driving dynamics lab on its Product Development Campus will open later this summer.
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