FORT WAYNE, Ind. (WANE) Members of the Legacy Joint Funding Committee voted to recommend approval of a request to give $10 million to the city’s riverfront development project.
Community leaders and riverfront advocates asked for the money to help pay for construction for the first phase of the development.
Fort Wayne City Council will introduce the issue at its November 22 meeting and could take a final vote on December 13.
“This request demonstrates our commitment to making Fort Wayne’s riverfront a world-class development and positions us to be considered for financial contributions from other organizations,” said Mayor Tom Henry. “Riverfront development is critical to the current and future success of our City and region. We must continue to emphasize quality of place amenities to attract and retain talent and businesses and make Fort Wayne and northeast Indiana a point of destination to invest in.”
The projected cost is $20 million. Other potential funding sources include Regional Cities and private donors.
The first phase of riverfront development will be focused on the public spaces in a park setting and overseen by the Fort Wayne Parks and Recreation Department.
Development would occur on the south and north sides of the St. Marys River between Harrison Street and the historic Wells Street Bridge. Highlightsinclude a promenade, park pavilion, event lawn, entry plaza with sculpture/signage, urban bioswale, educational water feature, urban streetscape, central plaza, urban riverfront terraces, elevated boardwalk, dock, interactive sculpture, and children’s play area.
The Fort Wayne Board of Park Commissioners is in the process of acquiring three properties along Superior and Harrison Streets. Construction could start in 2017 with completion in 2018.