The Journal Gazette
Wednesday, February 12, 2020 10:40 am

CIB approves Electric Works deadline extension


The second of three required approvals of another deadline extension for Electric Works fell into place this morning during a special meeting of the Allen County Fort Wayne Capital Improvement Board. 

Board members voted unanimously to allow the project's financing deadline be extended from Feb. 1 to April 30 and the closing date extended from April 30 to June 30. 

The project along Broadway just south of downtown had its deadline extension approved by a 3-2 vote Monday by the Fort Wayne Redevelopment Commission. The Allen County Commissioners, who meet Friday, must also approve the extension. 

A formal announcement of the identity of a large anchor tenant is expected tomorrow. 

Electric Works is a multimillion-dollar renovation and reuse of the former General Electric campus by developer RTM Ventures. The extension is the third such request made by the developer.

Share this article

Email story

Subscribe to our newsletters

* indicates required