Electric Works Campus Thrives with New Developments and Strong Visitor Engagement
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FORT WAYNE, Ind. – The Electric Works campus in Fort Wayne is experiencing significant growth and positive momentum, as highlighted in a recent update to the City Council. Kevin Biggs, a development partner for Electric Works, shared key insights into the campus’s current capacity, visitor numbers, and upcoming residential offerings.
In 2024, Electric Works has welcomed approximately 63,000 visitors, drawn to the 380 events hosted on the campus. This strong visitor engagement underscores the venue’s growing popularity as a community hub.
The Union Street Market, a central feature of the electric Works development, is nearing full capacity with 80% of its spaces leased. An additional two vendors are expected to finalize thier leases by the end of July, further enhancing the market’s diverse offerings.
A major upcoming development is The Elex, a new apartment complex on the campus. Biggs announced that the first tenants are expected to move in on July 25. The initial phase of The Elex will include 296 apartments, with a portion designated for age-restricted and tax-credit affordable units, comprising 59 spaces.
councilman geoff Paddock, representing Fort Wayne’s 5th District, praised the impact of Electric Works, calling it a potential “greatest public-private partnership” the city has ever undertaken. He emphasized the collaborative effort between government layers and the private sector, which was instrumental in retaining 500 jobs from Do It Best by providing them with a new headquarters and anchor for the development.
Biggs also discussed ongoing campus improvements, including further construction on The Elex and future plans for the eastern half of the former General Electric building. These continued investments signal a long-term vision for the Electric Works campus as a dynamic and evolving center for business, community, and living.
Evergreen Insights: The Evolution of Electric Works
Electric Works represents a transformative adaptive reuse project, breathing new life into the historic former General Electric campus. This initiative is a prime example of urban revitalization, blending historical architecture with modern functionality. The project’s success is rooted in its strategic public-private partnership, designed to stimulate economic growth, create jobs, and enhance the quality of life in Fort Wayne. By anchoring the development with a major employer like Do It Best, the project has created a ripple effect, attracting other businesses and amenities that contribute to a vibrant urban environment. the ongoing development, including residential components like The Elex, aims to create a mixed-use destination that fosters community and economic sustainability.
Frequently Asked questions About Electric Works
- What is the current visitor count for Electric Works in 2024?
- Electric Works has hosted approximately 63,000 visitors in 2024.
- How many events has Electric Works hosted this year?
- The campus has hosted 380 events so far in 2024.
- What is the lease status of the Union Street Market at Electric Works?
- Eighty percent of the spaces in Union Street Market are currently leased, with two more vendors expected to sign leases by the end of July.
- When will The Elex apartment complex at Electric Works be ready for tenants?
- The Elex apartment complex is expected to welcome its first tenants on July 25.
- How many apartments will The Elex offer?
- The Elex will feature a total of 296 apartments.
- What types of units will be available in the first phase of The Elex?
- The initial phase will include age-restricted units and 59 tax-credit affordable units.
- What is the meaning of the public-private partnership for Electric Works?
- The partnership is considered one of the city’s greatest, instrumental in saving 500 jobs and creating an anchor for further development.
What are your thoughts on the progress of Electric Works? Share your insights in the comments below, and subscribe to World Today News for more updates on Fort Wayne’s development!
