Bloomberg highlights Electric Works

The $440 million development called Electric Works is intended to breathe life into a hulking abandoned property that was at the heart of Fort Wayne’s bygone manufacturing era.

“The emotional weight that the industrial complex has on this community can’t be overstated,” said Josh Parker, partner at RTM Ventures, the company behind the project. “It’s not just what we’re doing on our site, but what that brings to the larger area.”

Source: Bloomberg

Electric Works presence would seal Purdue, city connection

“Purdue, with nearly a century of experience in using academic research to develop private-sector solutions, is well positioned to become a partner in the innovation space at Electric Works.

In addition to West Lafayette’s Purdue Research Park, the university has business incubators in Merrillville, Indianapolis and New Albany. Why not Fort Wayne?”

Source: Fort Wayne Journal Gazette

IURTC plans to establish presence in Fort Wayne’s Electric Works innovation district

The Indiana University Research and Technology Corp. has announced plans to establish a presence in Electric Works, northeast Indiana’s innovation district on the former General Electric campus in downtown Fort Wayne.

SOURCE: Indiana University

Recruiting firm joining Electric Works campus

Spherion Staffing, a locally owned office of the national staffing firm, is celebrating its 10th anniversary by making a commitment to be a part of the Electric Works campus, making it one of a dozen businesses and organizations to join the project.with the agreement. It plans to relocate to a larger space at Electric Works from its current E. State Blvd location.

 

Source: WANE-TV

Electric Works names leasing partners

RTM Ventures has selected the Indianapolis office of global commercial real estate services firm JLL as its national leasing partner, effective immediately. In addition, RTM has selected Fort Wayne-based The Zacher Company as its local / regional leasing partner.

The JLL and Zacher leasing teams will include real estate experts dedicated to identifying and engaging local, regional and national top-tier commercial and office prospects, working closely with Greater Fort Wayne, the Northeast Indiana Regional Partnership, and the Indiana Economic Development Corporation to support the region’s economic development strategy.

Source: Inside Indiana Business

Electric Works adds Three Rivers Music Theatre as future tenant

Three Rivers Music Theatre has signed a letter of intent to lease space at Electric Works. The organization, founded in 2016, is expanding operations to include rehearsal, performance and education spaces. The community group’s Triple Threat Performance Arts Academy provides arts education programs to hundreds of students each year.

Source: Fort Wayne Journal Gazette

Climbing gym and adventure park to occupy Electric Works

Sport Wayne, the organization behind the Fort Wayne Adventure Games, has signed a letter of intent to design and open a sizable, state-of-the-art climbing gym and adventure park, named Rush Rock Gym, at Electric Works.

Source: WANE 

Fort Wayne Metals signs letter of intent to locate at Electric Works

Fort Wayne Metals has signed a letter of intent to lease space at the former General Electric property with initial plans for dedicated space for materials research and development.

Source: Inside Indiana Business

Community Foundation of Greater Fort Wayne announces investment in Electric Works

The Community Foundation of Greater Fort Wayne has announced a $500,000 investment in Electric Works.

Source: Community Foundation of Greater Fort Wayne

Council Approves Legacy Grant

In a 6-3 preliminary last night, the Fort Wayne City Council approved a $10 million Legacy Fund request – an essential funding component of the Electric Works redevelopment project south of downtown, writes the Journal Gazette.

“This is the biggest neighborhood investment that Fort Wayne has ever had, and it shows we want to lift up the community that surrounds Electric Works and to give the residents hope that their neighborhood will improve,” council member Geoff Paddock said.

Read more here.