Riverfront Promenade, the mixed-use development planned for what’s now a makeshift parking lot east of Promenade Park, will be on the agenda at the Jan. 13 Plan Commission meeting.
The development was announced in September. Located at 124 W. Superior St., it will include 225 apartments, a 900-space parking garage and 60,000 square feet total for offices, retail space and “flex space.”
The property will be bounded by Harrison Street and Promenade Park to the west, the St. Marys River to the north, Superior Street to the south, and Calhoun street to the east. It will be built behind two existing buildings on Superior Street.
The estimated $70 million project is being developed by Barrett and Stokely, Indianapolis developers who also are developing Headwaters Lofts, another mixed-use development that will be located south of the Headwaters Park Lincoln Pavilion where currently a surface parking lot is located.
During the September news conference when Mayor Tom Henry announced the project, he said, “This signifies a major private investment as part of the riverfront development efforts here in Fort Wayne. “Fort Wayne continues to be on a positive roll with a tremendous amount of momentum, and now we have a new investment planned in the heart of our city.”
Rex Barrett, executive vice president of Barrett and Stokely, shared the mayor’s enthusiasm at that September news conference. “I would say we’re probably more excited about this than anything we’ve done,” he said. “The reason for that is what you see around you going on in Fort Wayne. The momentum is clearly building. They’ve done an awful lot these last few years. The city has changed dramatically … Fort Wayne is going to continue to grow.”
The goal is to begin work on the property soon with about a year and a half set aside for construction and completion.
The Plan Commission public hearing on the project will be 5:30 p.m. Jan. 13 in Room 035 of Citizens Square, 200 E. Berry St.