Corktown Lot Lists for $2 Million a Day After Train Station Sale Confirmed
June 13th, 2018, 12:13 PM
Signs of prosperity in the real estate market are evident only one day after Matthew Moroun announced that his family had sold the Michigan Central Depot to the Ford Motor Co.
Dominick Procopio of Re/Max lists a 8,712-square-foot lot opposite the train station for $2 million. "Rare opportunity. Attention investors/developers," begins his patch for the site at 15th Streert and Dalzelle. Itr adds:
This is the closest parcel to the Central Train Depot in Corktown. Be a part of Detroit & Michigan Avenue Development . . . on a commercial corner lot.
This type of land-value escalation prompts a tweet Wednesday from a Corktown-appreciating Detroiter:
This little corner of neighborhood in #Detroit has always been quaint, weird, quiet, and charming. That's all going to be utterly and irrevocably changed once Ford moves into the train station. Better go enjoy Tamaleria Nuevo Leon while they can still afford rent. pic.twitter.com/zEt9mpqJx2— Brian Ambrozy (@primesuspect) June 12, 2018
We first saw the listing news at the Detroit Free Press' site.