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.

Parkview Health Announces Commitment to Lease Space

Officials from Parkview Health and RTM Ventures, the development team behind Electric Works, are in the process of finalizing a 10-year agreement for Parkview to be a tenant in the historic redevelopment project. This announcement marks the first significant lease commitment since the adoption of the local Economic Development Agreement.

Read more here.

 

We Need You!

We’re coming down to the home stretch in the local approvals process. We’ve got momentum and support, but don’t remain silent on the sidelines. Come out and show your backing at the next three meetings:

  • Tuesday, Oct.16, Fort Wayne Common Council Finance Committee — 5:30 p.m., Citizens Square, Room 30
  • Tuesday, Oct. 23, Fort Wayne Common Council Regular Meeting — 5:30 p.m., Citizens Square, Room 35
  • Tuesday, Nov. 6, Capital Improvement Board — 8 a.m., Grand Wayne Center

Legacy Fund Committee Recommends Funding

Fort Wayne’s Legacy Joint Funding Committee unanimously approved a formal resolution recommending funding for the Electric Works – another important step forward. Read more here.

Agreement in place for Electric Works

Plans for the $440 million Electric Works project in Fort Wayne have taken a significant step forward. Mayor Tom Henry and RTM Ventures have announced the city and development team have agreed on an economic development agreement that includes $62 million in local public funding.

Read more: Inside Indiana Business

How can Fort Wayne compete in the global economy? Electric Works could be key

“We’ve been working in Bilbao, Spain, and Bilbao has a Guggenheim. It’s a statement to the world that they are passionate about the arts, and it puts them on the map for that…I see something like Electric Works as being Fort Wayne’s Guggenheim. It’s a cultural asset that is relevant to the world.”

Read more of Input Fort Wayne’s interview with Travis Sheridan.

 

Inclusive Startup Communities Improve the Human Condition

“Why wouldn’t you want people of your community that you want to focus on to be the thought leaders that are offering advice, guidance and feedback to young entrepreneurs, innovators and hustlers? … The only way to break down (elitism) is through authenticity and authentic engagement, and providing access.”

Greater Fort Wayne Business Weekly covered the August 6 presentation by Travis Sheridan, president of the Venture Café Global Institute.

Community Forum – presentation

For those of you who were unable to join us for our May 29 Community Forum – and for those who did join us – you can view the project update we provided here: Community Forum Updates.

Metaphor for our future

“It tells the state and private investors that we don’t value our community enough to invest in ourselves. The old GE site cannot sit as it is. The choice is to let the buildings and our future deteriorate or to renovate and build our future.”

Guest column in the May 30 Fort Wayne Journal Gazette from Fort Wayne REALTOR and Greater Fort Wayne Inc. board member Beth Goldsmith

Builder’s Electric enthusiasm

“This will change the landscape of Fort Wayne forever.”

Fort Wayne Journal Gazette profile of RTM Ventures developer and northeast Indiana native Kevan Biggs.