Ford Authority

Ford’s Future Office Space At Fairlane Mall In Dearborn, Michigan

As reported last month, Ford Motor Company is taking over some former retail space at the Fairlane Town Center shopping mall in Dearborn, Michigan, with plans to build it out into product development offices. Of the 240,000 or so square-feet to be utilized by Ford, approximately half will occupy a two-story space once held by department store Lord & Taylor – a location that has been closed since 2006.

According to website MLive, Ford’s move to Fairlane Town Center will be one of the biggest office deals of the year in Southeast Michigan, with some 2,100 employees set to occupy the new hub.

Fairlane Town Center was built in 1976 by the Taubman Company, and acquired in 2014 by Starwood Capital Group as part of a $1.4 billion, 7-mall deal, reports MLive. But according to Chuck Bechara of Starwood Retail Partners, Fairlane was considered “kind of the slow one, the one we took along with [the deal].”

However, as time went on, “[Fairlane] turned out to be one of our shining stars.” Partly, that’s because sales-per-foot have increased from about $335 when the mall was acquired, to more than $400 today. And partly, it’s because of Ford’s investment in the property. Bechara referred to the Ford lease as “really a lynchpin in the revitalization and, I think, solidification of our mall in the market.” He says that more investment in the mall is sure to follow.

Details of the Ford build-out aren’t yet available, but renovations are expected to begin by the end of the year. MLive says that the office space won’t necessarily be obvious to mall-shoppers, as it will be kept private and secure.

Aaron Brzozowski is a writer and motoring enthusiast from Detroit with an affinity for '80s German steel. He is not active on the Twitter these days, but you may send him a courier pigeon.

Subscribe to Ford Authority

For around-the-clock Ford news coverage

We'll send you one email per day with the latest Ford updates. It's totally free.

No Comments yet

Leave a comment