Local News

Skyline Tower to get $2.8 million in Regional Cities funding

(Photo Supplied/Ash Brokerage)

FORT WAYNE, Ind. (WOWO): The Skyline Tower project has been awarded $2.8 million in Northeast Indiana Regional Cities funds.

This is the first award given from not just the $42 million that was made available to Northeast Indiana, but the entire $126 million awarded in total to three regions for “game-changing quality of place projects.” Northeast Indiana earned one of three awards last year.

“The Indiana Regional Cities Initiative is on a roll in the Hoosier state, and the Skyline Tower project marks one more step forward as we work to retain and attract top talent for generations to come,” said Governor Mike Pence. “Across the state, communities are crossing county lines to plan and build Indiana regions into nationally recognized destinations to live, work and play. I commend our local elected officials, economic development professionals, business executives and Hoosiers throughout the 11-county Northeast Indiana region for their collaboration and swift action to advance regional development.”

The Skyline Tower will consist of 170,000 square feet of retail, office space, and apartments, along with a parking garage. Ruth’s Chris Steak House and Another Broken Egg have agreed to occupy the first floor retail space. Offices will be on the second floor, and the rest of the 10 floors will be apartments. Great Lakes Capital and Bradley Company have committed to moving at least 70 professionals to the tower to join Ash Brokerage.

“Skyline Tower is going to be a tremendous addition to our downtown as we continue to see momentum and record investments in Fort Wayne,” said Fort Wayne Mayor Tom Henry. “The city of Fort Wayne appreciates and values the commitment by the Indiana Economic Development Corporation and the RDA to move unique initiatives forward to enhance current and future economic development opportunities. Projects like Skyline Tower strengthen our position as a regional destination place for individuals, families and businesses.”

RELATED: Skyline Tower gets approval for Regional Cities grant

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