Manufacturing

Ford paid $90M for Detroit train station, city records show

Ford finalized the depot purchase May 22, according to public records. The company is seeking nearly $239 million in local, state and federal incentives for its planned $740 million campus in the Corktown neighborhood west of downtown.
KP
By:
Kirk Pinho
September 24, 2018 05:00 AM

DETROIT -- The dilapidated Michigan Central Depot in Detroit’s Corktown neighborhood -- which Ford Motor Co. plans to transform into a campus dedicated to electrified and autonomous vehicles -- was purchased by the automaker for $90 million, according to government records.

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