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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

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