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DETROIT (Reuters) - Ford Motor Co executives on Tuesday said the automaker will renovate and revamp Michigan Central Station, Detroit’s infamous blighted landmark, turning it into offices for up to 5,000 tech workers and software engineers focused on self-driving vehicles and ancillary technologies and services.

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FILE PHOTO: The Michigan Central Train depot sits vacant just west of downtown Detroit, Michigan, November 1, 2011. REUTERS/Rebecca Cook

Speaking to a large crowd outside the grand, yet dilapidated 18-story Michigan Central Station, Ford family scion and the automaker’s executive chairman, Bill Ford, recalled how the railway station, opened in 1914, brought countless thousands of immigrants to Detroit during its heyday, before closing in 1988 and falling into disrepair.

“This became a place where hope left, it became a symbol of the city’s hard times” Ford told a crowd gathered in front of the looming structure. “We have big plans for this building.”

Company officials did not disclose details of the planned investment but said the project will be completed using some of the money previously allocated to an overhaul of Ford’s headquarter campus in the Detroit suburb of Dearborn.

That project has been estimated at $1.2 billion. The automaker will also receive unspecified tax incentives and benefits from Detroit and the state of Michigan.

Speaking to reporters inside the station building, Bill Ford said that the investment here in Corktown, Detroit’s oldest neighborhood, would be good for the automaker’s brand, create jobs, facilitate the testing of self-driving cars and attract bright young software engineers.

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FILE PHOTO: The Ford logo is pictured on the company's stand during the 88th Geneva International Motor Show in Geneva, Switzerland, March 7, 2018. REUTERS/Denis Balibouse

“A lot of the tech companies have really wonderful campuses, but none of them have anything

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