Following five years of nearly non-stop construction and a whopping $1 billion dollar investment, Michigan Central Station opened up to the public for the first time last June, though that project is far from finished. Rather, while a number of companies have moved into the mobility/tech hub, there are still more yet to get there, and construction is ongoing, to boot. Regardless, Michigan Central Station was recently recognized as one of Fast Company’s Most Innovative Companies of 2025, and it’s quickly turning into a sprawling tech hub, too.
In the two years since Michigan Central officially launched, the number of companies it houses has grown from 25 to 240 – including more than 150 early-stage companies, according to Ford. More than 20 venture capital firms have given startups access to over $1 billion in funding for that purpose, and at least 25 unique infrastructure assets have been developed within the surrounding urban area as well, helping make Detroit’s ecosystem the second fastest growing in the world, behind only Dubai.
“The vision for Michigan Central was founded on this powerful idea that when you bring the right stakeholders together, you can drive the future forward through innovation and collaboration,” said Carolina Pluszczynski, chief operating officer and head of innovation services, Michigan Central. “That vision has been our ‘why,’ and we’ve been putting the building blocks in place ever since.”
In addition to this host of companies, Michigan Central Station also serves as the official headquarters for Ford Model e, which was spun off into its own entity over two years ago, as well as the company’s Integrated Services software team. For now, Ford occupies the ninth and tenths floors of the building, while the eighth floor will serve as a meeting space, but that presence figures to grow – and most likely include a hotel in the near future at some point, too.
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