Henry Ford Health, Michigan State University and Tom Gores and the Detroit Pistons plan to invest $2.5 billion over the next decade to transform Detroit’s New Center district.
Anchored by Henry Ford’s academic healthcare campus, the development will include a major expansion of Henry Ford Hospital and a medical research facility for Henry Ford Health + Michigan State University Health Sciences, as part of their 30-year partnership, Becker’s reports.
Residential, affordable housing, commercial and retail components are also included in the project, which builds on the partnership between Henry Ford — a five-hospital system — and Gores, owner of the Detroit Pistons. The National Basketball Association franchise joined on a $137 million facility in 2019 that brought it back to Detroit and into the new Henry Ford Detroit Pistons Performance Center and Center for Athletic Medicine. Read more.
