Entries by Kevin Erb

Electric Works developers complete closing on $286 million in financing for mixed-use innovation district

The development team behind Electric Works announced today that it has closed on $286 million in project financing. Officials say they will now invest more than $200 million alone over the next 24 months to redevelop the historic former General Electric campus. Weigand Construction has already begun mobilizing for the massive redevelopment project that will […]

Allen County makes good on Electric Works commitment

The Allen County Board of Commissioners is closing out 2020 by making good on its financial commitment to the Electric Works project. Commissioners wired the $3.5 million promised to the project’s developers just before the Christmas holiday. The county’s investment is in addition to the $1 million provided in the fall of 2018 so that […]

Electric Works announces partnership for coworking space at Innovation Center

Electric Works has selected a nationally renowned leader in the flexible space industry to bring a unique and immersive coworking experience to the Electric Works Innovation Center. RTM Ventures, the development team behind Electric Works, is partnering with Washington, DC-based Carr Workplaces – which manages nearly 30 coworking spaces around the country – to develop […]

Introducing the Electric Works Public Market Trust

Drawing inspiration from the country’s most successful urban markets, the Electric Works food hall and public market will be a mission-driven, actively managed and curated facility that will feature independent small businesses selling a range of foods and beverages – with a focus on products grown, produced and developed in northeast Indiana. To ensure the […]

Ruoff Mortgage to expand growing Fort Wayne presence at Electric Works

Ruoff Mortgage, the largest purchase lender in the Indiana, Michigan, Ohio and Kentucky combined markets, has signed a letter of intent to locate a growing portion of its Fort Wayne-based headquarters team at Electric Works. The company is in the process of determining which areas of its Fort Wayne-based operations will expand to the project’s […]

Geoff Paddock, Electric Works to hold virtual town hall Sept. 3

Join Fort Wayne 5th District City Councilman Geoff Paddock for a virtual town hall Sept. 3 at 7:00 pm. Members of the development team will provide updates on Electric Works, including project financing, and answer questions from the community. https://us02web.zoom.us/j/82226857602?pwd=eXRoOVV6Q1o2YlRSY0ZPSUh5R3J6dz09 Passcode: EWtownhall

Major improvements made at Electric Works ahead of fall construction

On July 22, we invited elected officials from the city and county, as well as representatives from the Downtown Trust and the Redevelopment Commission, to tour several buildings and see firsthand the amazing amount of clean-up, remediation and site-prep that’s been completed by Weigand Construction and its partners.