DETROIT, MI — Michigan State University is investing in real estate in downtown Detroit. An iconic and historic piece of downtown Detroit, the Fisher Building gives MSU an added connection to the Motor City.
Media Partner 6 News WLNS(TV) in Lansing is reporting the MSU Research Foundation also plans to open a start-up incubator inside the Fisher Building in late-2023.
“For decades, MSU has been working with partners in Detroit to support economic development, advance the arts, transform schools, improve health and sustain the environment,” said Interim President Teresa K. Woodruff, Ph.D.
MSU becomes the majority investor in the Fisher Building, which includes office space and residential units, according to WLNS. The size of MSU’s investiment was not disclosed.
Designed by legendary architect Albert Kahn in 1928, the 635,000-square-foot building is a National Historic Landmark and considered “Detroit’s largest art object.”
