$2M approved for Regional Cities developments

FORT WAYNE, Ind. (WANE) – The board of Northeast Indiana Regional Development Authority, the largest RDA in the state of Indiana, met Friday to consider two project funding requests for the Regional Cities Initiative submitted by the Embassy Theatre and YMCA of Dekalb County.

The board approved $1.7 million to partially fund the Embassy Theatre’s project “Vision of the Embassy” and $947,000 to partially fund the YMCA of Dekalb County’s project “Northeast Indiana Youth Development Complex.”

“Vision of the Embassy” includes a two-story-high ballroom, rooftop garden, breakout rehearsal spaces, classrooms, history center and improved public access and concessions areas.

“Northeast Indiana Youth Development Complex” includes a state-of-the-art field house, natatorium, playground, splash pad, indoor professional training facility and outdoor soccer and footballs fields.

Both projects support “Road to One Million,” a plan developed by Northeast Indiana Regional Partnership to grow the population of northeast Indiana to 1 million residents by 2031.

“We are collaborating beyond county lines to create a region where people not only want to work, but also live a prosperous life,” said Jeff Turner, RDA board chairman and senior vice president of Metal Technologies. “As we increase our regional population, it’s critical to support projects that are both in our vibrant downtowns and sprawling rural communities.”

The board’s recommendation now goes to the Indiana Economic Development Corporation (IEDC) for review and final approval to receive funding.

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