Owners of Detroit's Old Train Station to Discuss its Future
Owners of the vacant, hulking 105-year-old Michigan Central Station are planning to announce its future.
Matthew Moroun, son of building owner Manuel "Matty" Moroun, said the announcement will come Monday in front of the 500,000-square-foot (46,000-sqaure-meter), 18-story station that closed in 1988.
No details were given.
After years of failed plans, talk has centered on redevelopment spearheaded by Ford Motor Co. Ford board member Edsel B.
Ford II has said the Dearborn-based automaker is in discussions to buy the station, but few details have been made public.
Ford recently began moving about 200 members of its electric and autonomous vehicle business teams into a refurbished former factory near the train station.
With its massive columns, the building has become an iconic symbol of Detroit's fall from greatness.