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Detroit Landmark May Get New Tenant

DETROIT-Renovation of Michigan Central Depot could take almost two years, and up to $100 million from Control Terminals Inc. Meanwhile, the company negotiating with a major tenant who would anchor the redevelopment.

By Robert Carr | Updated on January 10, 2002

DETROIT-A massive redevelopment plan for the 88-year-old Michigan Central Depot in Downtown is in the works, according to the company that owns the landmark. The 500,000-sf depot, which was designed by Warren and Wetmore, the same firm that designed the Grand Central Station in New York, has been vacant for decades.

Now, Control Terminals Inc. is in negotiations with a major tenant who would take over a significant portion of the building, says Mickey Blashfield, director of governmental relations for the company.

He says the company, a subsidiary of the Warren, MI-based CenTra Inc., is looking to put a tenant in that will be a major key to restarting the depot as a major hub in the international trade process.

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