More Jobs, Major Development Coming to Downtown Fort Wayne

More Jobs, Major Development Coming to Downtown Fort Wayne

More jobs and a major development are coming to downtown Fort Wayne and it's the largest project to hit the city in over 20 years.
More jobs and a major development are coming to downtown Fort Wayne and it's the largest project to hit the city in over 20 years.

Mayor Tom Henry announced plans for the $71 million dollar project, that will be located on the corner of Harrison and Berry.

Currently Cindy's Diner and a parking lot sit at the corner but in just about 2 and a half years and $71 million dollars later, things will look a lot different.

This 13 story development will sit here, filled with office space, apartments, shops, a parking garage, and even a roof top park.  Fort Wayne Mayor Tom Henry says it's a win win for our community.

The main reason for the development, Ash Brokerage Firm, a locally owned and operated insurance brokerage company that as been in Fort Wayne for nearly 4 decades wants to relocate to Downtown.  Tim Ash is the CEO of the company.

Ash will occupy 95,000 square feet of office space in the high rise while another 22,000 square feet will be used for retail space.  The new headquarters for Ash also means more jobs.

Along with the new jobs at Ash, construction and design jobs will be created to complete the project, something that Vice President Bill Bean of Hanning and Bean, the project developer says will all stay local.

The new development will also feature apartments and several street level townhomes and rooftop park for residents to enjoy.

Of the $71 million dollars it will take to complete the project, the city of Fort Wayne has committed $19.6 million which will come from legacy funds and current taxes already in place.

Construction is expected to being in March of 2014 and be complete sometime in mid to late 2016.
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