Real estate prices shifted into overdrive in historic Corktown and surrounding neighborhoods as soon as news leaked that Ford Motor Co. wanted to buy the long-dead Michigan Central Depot. And they show no sign of slowing a year later, according to public property records.
Next week — March 19 to be exact — marks the one-year anniversary of the first media reports that the Dearborn automaker was in talks to buy the former train station, empty since 1988, along with multiple other Corktown properties totaling 1.2 million square feet. Ford’s aim is use the city’s oldest neighborhood as the hub for development of mobility, autonomy and electrification technologies expected to radically alter the auto industry…Continue Reading or Check Out Our Exclusive, Off-Market Real Estate Investing Opportunities!
