Ford Motor Co. has paid $ 90 million for Michigan Central Station, according to public records.

The details of the sale were rare since car manufacturer Dearborn announced in June that it had acquired the property to create a 1.2 million square foot campus in Corktown.

According to city tax returns, on May 22, Ford bought the nearly 600,000 square foot building near Michigan Avenue. Previous owners, the Moroun family, bought the building in 1995 with restoration plans that never succeeded.

The 18-story building remained unused for 30 years and became the symbol of Detroit's degradation.

Ford representatives were not immediately available for comment.

Ford Motor Co. is expected to present community benefits Monday night as part of its $ 740 million project to bring its autonomous technology and electrification departments to Corktown.

The automaker has submitted to the City of Detroit a tax incentive program with a $ 104 million tax relief request for development. The company wants Detroit City Council to approve funding by mid-October so they can begin wintering work at Michigan Central Station.

According to the Detroit Economic Growth Corp., the city's tax reduction will last 35 years. The request is part of the $ 238 million in tax relief requested by Ford.

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