Quick Question: Did Ford Buy A Building This Week?
Ford, like every automaker, is racing to develop autonomous driving technology and deploy a slate of electric vehicles. So, we're told, it bought a building. Game changer, baby.
See?
Bill Ford won't say it. So I will.
Buying and rehabbing Michigan Central will be his legacy.
My blog: https://t.co/75hNEZzGXO
— Michael Martinez (@MikeMartinez_AN) June 19, 2018
Ford's purchase of Detroit's Central Station shows the company is invested in revitalizing the city. But it's also a sign that Ford is willing to do what it takes to compete with Silicon Valley tech giants for high-caliber talent https://t.co/ACB3zsUO9S
— WIRED (@WIRED) June 20, 2018
Ford plans to make a tech hub out of an 18-story beaux-arts building that's long been symbol of Detroit's blight—with busted-out windows, graffiti-covered walls and razor-wire fencing https://t.co/xGtvETVMTM
— The Wall Street Journal (@WSJ) June 19, 2018
Incredible. Here are renderings from Ford. The company has big plans for their newly-acquired Michigan Central train station. pic.twitter.com/fTLYvTX1iN
— Brad Galli (@BradGalli) June 19, 2018
Ford hosts massive Detroit train station party: Live updates https://t.co/Qm82H2ZRrr
— Detroit Free Press (@freep) June 19, 2018
We've noted in recent days the significance of the train station's purchase, but damn, all this PR for the purchase of a building that Ford was, as the executive chairman put it, "prepared to walk away if it was the wrong deal." I'd love to get this kind of goodwill for buying an old property at a low-cost and using public tax incentives to renovate it.