Detroit industrial park may get auto supplier
“Warren-based Crown Enterprises — a development company owned by billionaire Manuel “Matty” Moroun — is planning to build a 400,000-square-foot automotive supplier facility on 40 acres of Detroit’s I-94 Industrial Park, the Detroit Economic Development Corp. announced Wednesday.
The board of the quasi-public development agency voted Wednesday to sell the property on Detroit’s east side to Crown, which is negotiating with an unnamed logistics company to be the tenant. Crown expects the new facility will create about 250 jobs.
The city has been working on the concept of the I-94 Industrial Park on about 150 acres near City Airport since at least 1999. A spokeswoman for the EDC said Wednesday that land sold to Crown was abandoned residential area. She noted the city used eminent domain to accumulate some of the land. Eminent domain is when a government agency takes private property for public use with compensation.”
Martinez, Michael. The Detroit News 11 March 2015.