DETROIT (WWJ) – It was 100 years ago today that the first train pulled out of Michigan Central Station — the once grand train depot that is now an outstanding symbol of Detroit’s decay.

But in a statement to WWJ Newsradio 950, property owner Manuel “Matty” Moroun’s son Matthew Moroun said they’ll spend millions of dollars to make improvements to the blighted building.

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There are no plans, however, to renovate the crumbling 13-story structure for future use.

“Our plan is to clean, protect, preserve, and secure,” Matthew Moroun said in a statement.

Moroun told WWJ’s Charlie Langton they’ve already spent $4 million in the last 18 months, and they plan to spend $15 million to $25 million total to get the building shell to a “baseline.”

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Work is planned on the service elevator, windows and roof; with additional dollars going to further clean up and security measures.

“There are no plans for a complete redevelopment. This would be a massive expenditure that would require a the development to generate significant income to pay for it,” said Matthew Moroun.

“Lots and lots of ideas from just about everybody; but if the idea doesn’t generate enough income — it simply doesn’t work,” he said. “No magic wand here.”

The depot was built in 1913 and fell into disrepair after rail service ended in 1988. It stands mostly hollowed-out just outside of downtown.  Moroun, who also owns the nearby Ambassador Bridge, bought the building in 1990s.

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