Ford Motor Company has started construction on Wagner Place, an urban development featuring office and retail space, in West Dearborn, Michigan.
The $60M project is within walking distance of Ford’s product development campus and will include the transformation of about two blocks of largely vacant buildings into mixed-use urban space.
The 13,935 sq m development will feature first-floor retail and restaurants, two floors of work space and a rooftop patio.
Wagner Place is part of Ford’s transformation of its more than 60-year-old Dearborn facilities, which will co-locate 30,000 employees from 70 buildings into primarily two sites — a product campus and a world headquarters campus. Upon completion, the project will be occupied by about 600 Ford global data insights and analytics (GDIA) employees.
Ford Land chairman and CEO, Dave Dubensky, said: “Developing an urban office environment positions Ford to offer a work setting that will appeal to a new generation of employees. Wagner Place supports our goals to create a more collaborative and inviting campus atmosphere for all employees.”
Wagner Place, targeting LEED certification, is scheduled for completion in mid-2018.
Ford Land, the real estate management arm of Ford, is managing the development. The company has appointed Mid-America Real Estate to manage retail leasing.
* For more information on the US construction market, visit the Construction Intelligence Center Report Store.