Economy
9:05 am
Mon April 11, 2011

Ann Arbor economic development leaders want to keep Borders HQ

Economic development leaders in Ann Arbor are hoping Borders Books will find a new home for its headquarters in city where the company started. 

Four decades ago, Borders started as bookstore in Ann Arbor.  With the big box bookstore chain now in bankruptcy protection, Borders executives are planning to move out of their Ann Arbor headquarters. 

But where?   As part of the company’s bankruptcy plan, Borders is looking for less expensive office space to rent. 

Skip Sims with the business incubator,  Ann Arbor Spark,  hopes Borders will find a new home in the city it’s always called home.

 “We’ve had conversations with them and we stand ready to assist them in any way that we can and in any way they would like us to.”

 Borders is closing more than 200 bookstores nationwide, including four in Michigan.  The company is expected to exit bankruptcy protection later this year.