Like many other large cities in the Midwest, Fort Wayne is undergoing various development and redevelopment projects. We have highlighted a handful of the biggest and most exciting projects below. For insight regarding additional projects in the area, check out this video or refer to our 2017 Northeast Indiana Market Study.
1). Electric Works / General Electric Campus Redevelopment
The $300 million redevelopment of Fort Wayne’s General Electric campus will revitalize the 32-acre campus and its 17 vacant buildings, encompassing 1.2 million square feet. “Electric Works” will be the new name of this mixed-use innovation district. The project is set to include residential, retail, office and community space, along with restaurants, a hotel, and a tract for a university (although no universities have officially claimed interest in the territory as of yet). Construction is set to begin as early as fall 2017.
2). General Motors Expansion
The $1.2 billion expansion of Fort Wayne’s GM plant is the highest ever investment at the Fort Wayne site, and one of the largest commitments to any of its facilities nationwide. The expansion will add 1.6 million square feet, increasing the footprint of the complex by 50%. The expansion is expected to be complete in late 2018 or early 2019.
- 825,000 square foot pre-treatment facility
- 865,000 square foot body shop
- 195,000 square foot logistics operation center
- 4.6 million total square foot complex
3). Downtown Sports Arena
A proposed $105 million three-level sports arena could be coming to downtown Fort Wayne. The structure is described as a multi-use facility with the capability of housing trade shows and other types of events in addition to sporting events. The arena would also be connected to the Grand Wayne Convention Center, increasing overall event capacity in the city. To view additional plans and renderings, see here.
- Ground floor restaurants and bars
- 225 underground parking spaces
- Third floor luxury suites
4). Riverfront Initiative
Fort Wayne will soon see development on the ~$20 million riverfront initiative project along the St. Mary’s River. Highlights of the plans include a promenade, park pavilion, event lawn, urban bioswale, interactive sculptures, urban riverfront terraces, educational water features, an elevated boardwalk, a dock, and a children’s play area. The project is expected to be completed by late 2018.
5). Skyline Tower
The $40 million Skyline Tower project, developed by Great Lakes Capital, is the final piece of an overall downtown development initiative featuring Ash Skyline Plaza. The tower will offer apartments as well as office space, with Ruth’s Chris Steakhouse committing to anchor ground-level retail space. The project is set to be completed by summer 2018.