Apartments planned for historic downtown building

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FORT WAYNE – An apartment complex could spring from a historic building in downtown and pave the way for affordable housing there.

Scott Piepenbrink, who owns the building at 614 S. Harrison St., said Wednesday he has a purchase agreement with Real America Development of Carmel, which plans to renovate the structure to accommodate 44 one- and two-bedroom units.

Real America has nearly 20 income-based rentals in northeast Indiana. It wants to invest $5 million to $7 million on the downtown structure at South Harrison and Pearl streets.

Piepenbrink said the purchase will depend on Real America meeting several conditions, including city approval for the project.

For more on this story, see Thursday’s print edition of The Journal Gazette or return to www.journalgazette.net after 3 a.m. Thursday.

pwyceh@jg.net