After three years of discussion, planning and setbacks, construction for Fort Wayne’s Skyline Tower development is officially underway.
Skyline Tower was announced in September 2013 as a twelve-story residential complex with 100 living spaces, and would sit atop the Ash Skyline Plaza’s parking garage.
One year later, development firm Hanning & Bean pulled out, citing expensive losses due to construction delays. Development was delayed, but talks resumed in May 2015.
This past January, Great Lakes Capital signed on with the City to complete development of Skyline Tower.
In May, it became the first project in the state to utilize Regional Cities funding, with $2.8 million allocated to the $30 million project.
Now with the project officially underway, Mayor Tom Henry says the complex could send a positive message to businesses considering Fort Wayne.
“This is our contribution to our community, saying that we believe enough in Fort Wayne that we’re willing to work with the private sector, create public-private partnerships and add to the value of our community,” said Henry.
Henry says the project should be completed by 2018.
