If Ford buys Michigan Central Station, what happens to land nearby in Detroit?

By Allie Gross, Detroit Free Press; March 22, 2018

News of Ford’s potential purchase of the long-vacant Michigan Central Station has reignited discussions about the future of Corktown, the consequences of having such a powerful company as an anchor in the community, and, most significantly, what possible bigger shifts are in store for property in the area. 

A search of available records, using Loveland Technologies mapping service, found that of the 86 properties closest to the depot, nearly 20% are owned by the City of Detroit. Or put another way, of the 46.45 acres surrounding the station, 47% are owned by the city. Given the city’s history of working with developers to encourage construction, the surrounding area may undergo a range of infrastructure and aesthetic improvements.

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