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.
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.
https://fortwayneelectricworks.com/wp-content/uploads/2017/08/logo-5.png00Fredhttps://fortwayneelectricworks.com/wp-content/uploads/2017/08/logo-5.pngFred2018-10-16 10:01:092018-10-16 10:07:00Parkview Health Announces Commitment to Lease Space
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
https://fortwayneelectricworks.com/wp-content/uploads/2017/08/logo-5.png00Fredhttps://fortwayneelectricworks.com/wp-content/uploads/2017/08/logo-5.pngFred2018-10-12 15:58:552018-10-12 16:16:19We Need You!
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.
https://fortwayneelectricworks.com/wp-content/uploads/2017/08/logo-5.png00Kevin Erbhttps://fortwayneelectricworks.com/wp-content/uploads/2017/08/logo-5.pngKevin Erb2018-08-30 14:23:262018-08-30 14:23:26Agreement in place for Electric Works