Electric Works is a development of RTM Ventures LLC, a joint venture of Durham-based Ancora Partners, Baltimore-based Cross Street Partners, and Fort Wayne-area firms Biggs Group, and Weigand Construction. RTM Ventures LLC, along with local and national investors, formed Broadway Redevelopment Partners LLC, which owns the property and is providing the private equity for the project.
With a strategic focus on redevelopment and community revitalization, the principals of RTM Ventures have developed more than 17 million square feet of real estate, and thousands of market-rate and mixed-income residential communities in Indiana and throughout the United States. Cross Street Partners is a leader in historic adaptive reuse and the development of innovation districts. The Indiana-based Biggs and Greenstreet companies bring critical local knowledge and insight to development of Electric Works, as well as property management, construction, and marketing capabilities.