Ft. Wayne MarketIndiana NewsLocal News

CIB pledges $1.3-million for new downtown Fort Wayne hotel

Photo Supplied - City of Fort Wayne

FORT WAYNE, Ind. (WOWO): A new hotel for downtown Fort Wayne will get some significant financial support from the Allen County Capital Improvement Board.

The board agreed to cover up to $1.3-million of the hotel’s construction cost at their meeting Wednesday morning, according to the News-Sentinel.

The hotel, proposed by Mayor Tom Henry early last week, would be a Hampton Inn & Suites built across from the Grand Wayne Center on Jefferson Blvd. That $1.3-million is just part of the public funding promised for the project, as another half-million in money from a tax increment financing district is expected, plus a 10-year tax abatement.

The hotel is expected to open in the summer of 2019.

Related posts

Fort Wayne man charged with attempted murder

Brooklyne Beatty

Man Allegedly Drunk Crashes Into Tree

WOWO News

Severe Thunderstorm Watch in Effect

Kayla Blakeslee

Leave a Comment