Hell yes. As Robin Runyan has mentioned below, it is indeed a good day for Detroit. Ford has snagged two long derelict Cork Town properties, and the possibilities have many looking forward to their plans. As many of you know, I love Detroit. I am excited to see whats in store for these iconic spots!
We’re getting closer to a likely announcement from Ford in mid-June, as the auto company looks to be creating a campus in Detroit. Crain’s first reported that long-time train depot owners the Morouns have transferred ownership of the long-vacant train station to a New York law firm.
The article states, “A warranty deed dated May 22 was recorded May 23 by the Wayne County Register of Deeds, transferring ownership from the Moroun-owned MCS Crown Land Development Co. LLC to New Investment Properties I LLC.”
The nearby Detroit Public Schools book depository building also transferred ownership to a (slightly) different entity—New Investment Properties II LLC.
The entities aren’t clearly identified as Ford, and the company isn’t specifically addressing it at this point. Dawn Booker from Ford’s real estate division told Crain’s, “We are very excited about our return to Detroit this year beginning with our electric vehicle and autonomous vehicle teams relocating to the historic former factory in Corktown. We expect to grow our presence in Detroit and will share more details in the future.”