Editor's Note: Pop the Corks
Official confirmation that Ford Motor Co. will make Detroit's Corktown Neighborhood its new technology hub is a leapfrog development in the city's comeback.
The impact of a Fortune 50 company setting up such a large shop in an already surging district is thrilling to contemplate.
Combined with the momentum Corktown is already enjoying, the Ford plans, centered around the long abandoned Michigan Central Depot, the neighborhood can be expected within just a few years to be among the most dynamic in the city.
And the investment commitment by Ford brings another deep-pocketed player into Detroit.
Ford wants to be in Detroit to give it a better shot at recruiting the young talent it needs to compete in the new mobility sector. It had considered Ann Arbor, but decided Detroit was a better fit.
The beauty of Corktown is that despite the recent activity, including the new Police Athletic League facility, new housing and lots of bars and restaurants, there's still plenty of room for growth.
Michigan Avenue still has abandoned buildings and empty lots. Expect them to fill in, and also expect the developed stretch of Michigan to stretch further outward toward Dearborn, where Ford has its World Headquarters.
Detroit has had a steady flow of good news announcements in recent years. The news that Ford is buying the train station is among the best.
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