Detroit train station sold to Ford Motor Company, Moroun family says

Lloyd Doyle
June 11, 2018

"Together with the community, we look forward to announcing our plans for Michigan Central Station and Corktown on June 19th", a Ford spokesperson said in an email to CBS MoneyWatch, referring to the Detroit neighborhood that is home to the station.

In this photo taken August 4, 2015, crews make progress on the window installations of the historic Michigan Central Station in Detroit. The next steward of the building is the right one for its future.

"I am over the moon about Ford acquiring the Michigan Central Station", Burns told The Drive.

"I would characterize the negotiations as respectful and they were not protracted in any way", Matthew Moroun said. The building will no doubt need tens of millions of dollars worth of renovations and upgrades for modern technology needs. The golden opportunity for its rebirth. "I also knew that it would not be possible for me and our company to "co-captain" such a dramatic project. The developer had to be the owner and the user".

Over the past two decades, the Morouns have faced blistering criticism for not redeveloping the train station and its 13-story tower, as it became increasingly marred by vandalism and decay. It closed in 1988. Over the years, many have come to view the deteriorating structure as a symbol of Detroit's decline.

"Although my father and I believed in this building and Detroit, many others did not", Moroun said. "It will be a historic day for Detroit, the auto industry and the future of Ford", according to a statement from Ford.

According to Moroun, his family rid the building of asbestos and debris, secured it from vandals, and installed more than 1,000 new windows.

Stephanie Chang, district member in Michigan's House of Representatives, said she's eager to hear details of Ford's plans and to help build a beneficial relationship between the company and area residents.

It's all but Blue Oval-stamped official: Ford has purchased Detroit's long-abandoned train depot, marking a return to the city where the company was founded 113 years ago and representing a pivotal moment for the economic fortunes of a long-suffering city.

"These are exciting times for Ford and Detroit".

The Moroun family has owned the iconic building since 1992.

Other reports by Iphone Fresh

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