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Skyline Tower Fact Sheet

October 27, 2016 - The $40 million Skyline Tower project is the final piece of an overall downtown development initiative of nearly $110 million that features Ash Skyline Plaza, home to the national corporate headquarters of Ash Brokerage, along with retail office and commercial space and the Skyline Garage. The redevelopment of this previously blighted block is comparable to the investment in Parkview Field, the Harrison, the parking garage and the Courtyard by Marriott hotel.

The City of Fort Wayne Redevelopment Commission is contributing proceeds of a $4 million bond, paid through tax increment financing (TIF) to the Skyline Tower.

The City of Fort Wayne’s subsidiary organization, Fort Wayne New Markets Revitalization Fund, closed and financed a $17.5 million allocation of federal New Markets Tax Credits to support the new mixed-use Skyline Tower. This provided $5.9 million in equity to the project.

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Final piece of Skyline project is under construction

October 18, 2016 - Mayor Tom Henry today commended the beginning of construction on the $40 million Skyline Tower project in downtown Fort Wayne. The mixed-use development, led by Great Lakes Capital, a real estate private equity firm with offices in Fort Wayne and South Bend, features apartments and office and retail space along Wayne and Webster streets in downtown.

The project consists of 124 apartments, as well as retail and office space totaling 170,000 square feet. Retail, featuring a Ruth’s Chris Steakhouse, will be located on the first floor, while office space will occupy the second floor, and floors 3-12 will accommodate apartment units.

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Public Invited to Community Engagement Meetings

Residents are invited to take part in public meetings and attend a documentary screening about the value of placemaking and engaging public spaces on September 21 and 22. The meetings will be led by the Gehl Studios, an internationally recognized urban design firm brought to Fort Wayne by the Knight Foundation Fund and the Community Foundation of Greater Fort Wayne.

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Indiana Tech opens new bike share station on Fort Wayne system

Indiana Tech today officially opened its new bike share station on the City of Fort Wayne’s bike share system. Indiana Tech President Dr. Arthur Snyder and Fort Wayne Mayor Tom Henry were joined by Tech students and city and community representatives for a ribbon-cutting event at the university’s campus in Fort Wayne.

The new station is located on the north side of Andorfer Commons on the Indiana Tech campus, at the corner of East Washington Boulevard and Schick Street. Students along with members of the public may check out bikes from the station 24 hours a day.

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Previously Vacant and Abandoned Home Now a Neighborhood Asset

The City’s Office of Housing and Neighborhood Services (OHNS) has completed the first rehab of one of six West Central homes. News media were given a tour of the completely remodeled 1121 Fulton St. today.

The City purchased six vacant and abandoned homes in the historic neighborhood in 2014; all either have been or will be rehabilitated and offered for purchase to moderate- to middle-income residents. All buyers have had, or will have, significant input into the remodeling process so the homes can be customized to their preferences.

Read more: Previously Vacant and Abandoned Home Now a Neighborhood Asset