WEBVTT

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SOME BIG NEWS IN FORT WAYNE THIS
WEEK AS DEVELOPERS OF THE $440
MILLION ELECTRIC WORKS PROJECT
ANNOUNCED A LEASE AGREEMENT WITH

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DO-IT-BEST CORP. TO BECOME THE
PROJECT'S ANCHOR TENANT.
THE LARGEST PRIVATELY HELD
COMPANY IN INDIANA WILL MAKE

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ELECTRIC WORKS ITS GLOBAL
HEADQUARTERS, OCCUPYING 200,000
SQUARE FEET OF SPACE IN BUILDING
26 ON THE WEST CAMPUS OF THE

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SPRAWLING, FORMER GENERAL
ELECTRIC COMPLEX.
FORT WAYNE-BASED DO-IT-BEST HAS
SOME 450 EMPLOYEES IN ALLEN

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COUNTY AND EXPECTS TO GROW THAT
NUMBER BY 20 PERCENT AT ITS NEW
HEADQUARTERS.
I TALKED WITH R-T-M VENTURES

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PARTNER JEFF KINGSBURY AND
WEIGAND CONSTRUCTION CEO LARRY
WEIGAND THIS WEEK•
KINGSBURY CALLS DO-IT-BEST THE

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IDEAL HE TANT.
>> TENANT.
>> COULDN'T ASK FOR A BETTER ONE
GERRY, BECAUSE THEY ARE

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FUNDAMENTALLY BUSINESS BUILDERS.
THEY HELP ENTREPRENEURS AND
BUSINESS OWNERS NOT ONLY
THROUGHOUT THE UNITED STATES AND

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THOUSANDS OF LOCATIONS, BUT
GLOBALLY AS WELL IN 50
COUNTRIES.
SO THAT'S WHAT THEY DO BEST.

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BUSINESSES, BUT BY THE LARGE IN
THE MIDWEST, A LOT OF CONSENSUS
FROM A MISSION STANDPOINT,
PEOPLE, WERE COMMITTED TO THEIR

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COMMUNITY.
AND THAT'S THE KIND OF PEOPLE WE
WANT TO HAVE AT ELECTRIC WORKS.
>> NOW, WEIGAND TRUCKS SAYS IT

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HAS
ALL PERMITS IN PLACE TO BEGIN
CONSTRUCTION THIS FALL.
CEO LARRY WEIGAND SAYS THE

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TWO-YEAR CONSTRUCTION PHASE WILL
SUPPORT SOME 2,000 CONSTRUCTION
AND RELATED JOBS AND ESTIMATES
HAVE PLACED THE ECONOMIC IMPACT

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ON THE REGION AT MORE THAN $200
MILLION DURING CONSTRUCTION.
>> WHEN YOU THINK ABOUT WHAT IS
HAPPENING, ECONOMICALLY, TO HAVE

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KIND OF A PREPACKAGED
CONSTRUCTION PROJECT OF THIS
MAGNITUDE, COMING TO ALLEN
COUNTY, COMING TO FORT WAYNE,

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IT'S EXTRAORDINARY.
SO THE SCOPE OF THE PROJECT IS
WHAT WE'RE CALLING WEST CAMPUS.
AND IT'S A TOTAL REVITALIZATION

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AND REHAB OF THESE HISTORIC
BUILDINGS.
AND EXTENSIVE SITE WORK, PLAZA
WORK, AND THEN WE'RE GOING INTO

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THE BUILDINGS, FEED.
BRINGING THEM GETTING THEM READY
AND THE TENANTS ARE AN ARRAY OF
DIFFERENT COMPANIES THAT PROVIDE

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DIFFERENT SERVICES.
AND IT'S JUST GOING TO BE A
UNIQUE CAMPUS SETTING.
NOW, DEVELOPERS SAY THEY ARE

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CONFIDENT FINANCIAL WILL COME