Development partners involved with the revitalization of the 32-acre former General Electric campus say Weigand’s track record and portfolio of recent projects including Parkview Field, Ash Skyline Plaza and Embassy Theatre factored into the selection. Total investment in the mixed-use redevelopment could be in the range of $280 million.
“We are incredibly enthused to be selected as construction manager for this extensive and exciting project,” said CEO Larry Weigand. “We look forward to working with the entire team to create a development that pays respect to the property’s past and provides an important foundation for the long-term growth and health of the city’s core and all of Fort Wayne.”
Construction is expected to start early next year.
Weigand says it has also been construction manager other significant local projects including the St. Joseph Hospital expansion and renovation, Indiana Hotel renovation, Fort Wayne Newspaper press tower expansion, Cityscape Flats construction and Skyline Garage construction
Project developers include Baltimore-based CrossStreet, GreenStreet Limited of Indianapolis and Decatur-based Biggs Development.
GreenStreet Limited’s Jeff Kingsbury said in the Inside INdiana Business report that “given this project’s local historical significance, we realize the importance of a local firm like Weigand leading its construction. The entire partnership team believes strongly that Weigand Construction is the ideal contractor for this extensive and unique project.”
The site has been abandoned for two years and the new owner was identified in February.
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