If the City had not been rife with corruption, back in the 80's that building might have been saved.  There were many developers interested in adaptive reuse of that building.  Unfortunately, neither the building owner nor the City showed much interest, and the building just sat and decayed, like the old Hudson's building and any number of old industrial buildings.  Don't get me wrong - I don't think every old building is worth saving.  However, there was a point in time where Michigan Central Station was worth the effort - too bad it has passed.  The last think Detroit needs is another strip mall/shoe carnival abomination.