Electric Works Clears Another Hurdle

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The first phase of the Electric Works project is slated to begin this year. The first phase of the Electric Works project is slated to begin this year.
FORT WAYNE -

Plans for the $440 million redevelopment of the former General Electric campus in downtown Fort Wayne are moving forward. The Fort Wayne City Council Tuesday unanimously approved a rezoning petition for the Electric Works project.

Changing the property to a limited commercial classification will clear the way for the mix of residential and retail uses planned by RTM Venures. The developer has said construction on the $221 million first phase of the project will begin this year, though it continues to try and secure $65 million in public funding for the project. Fort Wayne Mayor Tom Henry has proposed $50 million in support from the city.

Earlier this month, a study commissioned by RTM Ventures showed the project would meet demand for office, retail and residential space.

  • Perspectives

    • Richardson is a senior manager with Centric Consulting.

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