The last piece of the former site of Ford Motor Co.’s Wixom assembly plant has been purchased by a Cleveland-based company.
Industrial Commercial Properties LLC closed a deal Tuesday to purchase the remaining 182 acres at the site off Wixom Road at I-96, said owner Christoper Semarjian. The company is not disclosing how much it paid for the property.
Details of how the land will be developed are scarce, but Semarjian said his company is in talks with three companies looking to build manufacturing or distribution facilities. Two of the companies are Michigan-based and one is based out of state but has a presence in Michigan. Industrial Commercial Properties is also in talks with “two or three developers” interested in the site.
“Because of the size of the site and current infrastructure, the property lends itself to a larger use, but we are open for business,” Semarjian said. “We’re bringing this property to market as fast as we can.”
Industrial Commercial Properties currently owns at least four properties in Michigan, according to its website.
Ford closed the Wixom plant in 2007, and plans to redevelop the site as a renewable-energy park fell through four years later. Demolition of the 4.7-million-square-foot plant began in 2012.
The site was vacant until 2015 when General RV Center opened a new headquarters at the site. Since then, a Menards and an At Home store have opened on the property.