Fort Wayne Community Schools reaffirmed its commitment to Electric Works on Monday with a unanimous board vote endorsing an intent to lease about 26,000 square feet of renovated classroom space.

Terms of the lease will be negotiated and brought to the board for approval by August.

“It’s important for us because we’re the K-12 aspect” of the Electric Works project, said Superintendent Wendy Robinson. “Most of the conversations are around businesses and higher ed. We’re actively involved in those conversations, too.”

Read more here.

Joseph Decuis today announced plans to locate a more casual version of its fine-dining restaurant at Electric Works. While the restaurant’s official name and identity are still being developed, it will carry the Joseph Decuis brand and feature an extensive wine list and creative, unique menu built around the restaurant’s renowned Wagyu beef.

Read more here.

Authors Jim and Deborah Fallows toured Electric Works recently as part of a broader northern Indiana tour he was conducting on a series of stories for The Atlantic magazine. They’re writing about how towns and cities in the industrial Midwest are reinventing themselves.

One of Fallows’ takeaways from the visit was breadth and depth of civic-engagement. “The funding of this project is an epitome of ‘public-private partnership’—a phrase that…is seen in Washington as a euphemism for ‘payoffs’ or ‘log-rolling,’ but at the local level appears to be a key ingredient in getting things done.”

https://www.theatlantic.com/notes/2019/04/fort-wayne-makes-its-own-luck/587659/

 

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

“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

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

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

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

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

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