The Model Group, developer for The Landing on West Columbia Street, celebrated the start of construction today on the $32.2 million project.
The Model Group President and CEO Steve Smith showed Mayor Tom Henry and Fort Wayne Downtown Development Trust President Mac Parker the work that has started on the block of historic buildings. Currently, construction crews are doing interior demolition and environmental abatement.
Mayor Tom Henry today announced the City of Fort Wayne New Markets Revitalization Fund, LLC (FWNMRF) will receive $55 million in New Markets Tax Credits allocation authority.
Of the 230 Community Development Entities (CDEs) that applied for New Markets funding from the U.S. Treasury Department, only 73, or 32 percent, won an allocation. This is the third time that FWNMRF has been awarded an allocation. The first award of $15 million came in 2008, followed by a $33 million award in 2014.
Read more: Mayor Henry announces Fort Wayne awarded $55 million in New Markets Tax Credits
The City of Fort Wayne today outlined the next steps for the North River property.
The City now owns the North River property, which is comprised of 29 acres bounded by Clinton, Fourth and Harrison streets. The property serves as an important gateway into downtown and will be a complement to the positive progress being made with riverfront development efforts. The site was previously used as a rail yard and scrap yard, dating back to 1902. The land has not been actively used since 2006.
Read more: City of Fort Wayne outlines next steps for North River property
Fort Wayne Mayor Tom Henry today helped cut the ribbon on a rehabilitated home that is part of the Vincent Village campus. The home, 2702 Gay St., is the first of six that will be rehabilitated with funding that the City of Fort Wayne receives from the U.S. Department of Housing and Urban Development (HUD). City HUD funds will also be used to demolish another home and build a new one in its place.
Much of the Lakeside area of the Northside Neighborhood is now part of the National Register of Historic Places, the nation’s official list of properties considered worthy of preservation.
The Lakeside Historic District boundaries are Tennessee Avenue to the north, St. Joe Boulevard to the west, Edgewater Avenue to the south, and Crescent and California avenues to the east.
Read more: Lakeside Historic District Now Listed on National Register of Historic Places
