Oct 14, 2024
FORT WAYNE, Ind. (WANE) - A developer that has transformed multiple properties in Fort Wayne plans to do the same for a 2-acre site on Wells Street. Monday, city officials announced plans are becoming reality for the "Wells Street Wedge." It's a site on the north side of the Saint Marys River and is northwest of Promenade Park, connected to the park by the old Wells Street Bridge. The development will bring 111 housing units and a public parking garage holding 236 spaces, according to a press release. There will also be 3,300 square feet of retail space. The site totals 2.28 acres. Work could potentially begin in early 2025, with the parking garage being completed in 2026 and the rest wrapping up in summer 2027. It's the first major new private development going on the north side of Riverfront, according to the release. Barrett Realty Investments is the developer and has also worked with the city on projects such as The Riverfront at Promenade Park and The Lofts at Headwaters Park. The Fort Wayne Redevelopment Commission meets Monday afternoon at Citizens Square to consider multiple resolutions for the project. Details of the proposed project will then go to City Council for approval.
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