Ford acquires Michigan Central Station
Ford Motor has acquired the iconic Michigan Central Station and plans to transform it into the centerpiece of a new campus in Detroit's Corktown neighborhood that will serve as an innovation hub for Ford's vision for the future of transportation. The acquisition of Michigan Central Station comes alongside the company's purchase of the former Detroit Public Schools Book Depository, two acres of vacant land, the site of an old brass factory and the recent purchase of a refurbished former factory in Corktown, now home to Ford's electric vehicle and autonomous vehicle business teams. Initial plans include locating approximately 2,500 Ford employees, most from the mobility team, to call Corktown their work home by 2022. There will also be space to accommodate 2,500 additional employees of partners and other businesses among Michigan Central Station and the other developments.