Choose Greater Fort Wayne Guide

Choose Greater Fort Wayne Guide

FASTEST- GROWING MARKET IN REGION #1 (U.S. Census Bureau, 2020) CITY FOR GEN Z TO LIVE WELL “Fort Wayne is becoming ON A BUDGET #4 (gobankingrates.com, 2019) flat-out cool. Still in the phase where a visitor to the city will have to know AFFORDABLE just where to look for the PLACE TO signs... It’s clear that there’s LIVE something afoot here, and #5 (niche.com, 2020) that in an age where we’re skeptical about everything, let alone lists making the rounds on the internet, Fort Wayne really is a place to keep your eye on.” Food & Wine Magazine Cover Photo by: Stephen J. Bailey 2 Choose Greater Fort Wayne, Indiana “The phenomenal growth of Sweetwater is directly related to the business conditions and quality of life in Fort Wayne. We recruit young talent from throughout the United States and beyond, and we’re extremely successful because of the low cost HOTTEST of living, great schools, HOUSING affordable housing, and MARKET a long list of family- #1 (realtor.com, Jan. 2020) friendly amenities.” Chuck Surack Founder and President STATE FOR Sweetwater Sound #1 online retailer for musical and pro audio gear COMPETITIVE 1,700+ local employees TAX CLIMATE #9 (The Tax Foundation, 2020) BEST-RUN CITY IN AMERICA (wallethub, 2020) #8 Fort Wayne Trails Choose Greater Fort Wayne, Indiana 3 BOLD PROJECTS The transformation has begun, turning the confluence of the St. Marys, St. Joseph, and Maumee rivers into a vibrant regional landmark. With trails, boat excursions, kayaking, playgrounds, and more, Promenade Park (Riverfront Development Phase I) provides a variety of opportunities to explore. Phases II and III include mixed- use development around the Riverfront district. Location: Between Wells and MLK bridges $100 million / Promenade Park opened 2019 One of the largest redevelopment projects in the country, Electric Works is the reinvention of the former General Electric campus, a historic hub of innovation and entrepreneurship. The southern anchor of downtown Fort Wayne’s redevelopment activity, the campus is one mile south of the Riverfront and will offer a year-round public market, office space, support for entrepreneurs, shopping, and dining, complete with high ceilings and stunning views. Location: Broadway & Swinney Avenue $440 million / Opening 2022 THE ASHBERRY STAR Financial Bank will establish a new company headquarters in the downtown Ashberry project—a two-tower, mixed-use building that also includes a 387-space public parking garage. Location: West Main Street & Maiden Lane $43 million / Opening 2023 4 Choose Greater Fort Wayne, Indiana This investment brings boutique shopping and fine dining to Columbia Street, Fort Wayne’s original business district. Located just two blocks south of the Riverfront, the redevelopment of this charming street and its architecturally significant buildings includes 70 new downtown apartments. Location: Columbia Street $35 million / Opened 2019 Ash Skyline Plaza houses the headquarters for Ash Brokerage and a parking garage for up to 1,110 vehicles. Adjacent is Skyline Tower, a mixed-use development with 125 apartments and a private park five floors above street level. Together, this block offers ground-floor retail and restaurants, with a mix of local and nationally known options. Location: West Wayne Street & South Harrison Street $113 million / Completed 2018 A project led by Vera Bradley’s co-founder, this five-story, 125-room boutique hotel with restaurants, retail, and rooftop entertainment space brings dynamic new amenities for visitors and residents alike. Located just one block south of The Landing and three blocks south of the Riverfront, guests will have all the best of downtown a few steps away. Location: West Main Street & South Harrison Street $28 million / Opened 2021 Choose Greater Fort Wayne, Indiana 5 The upgraded Arts Campus Fort Wayne will be a state-of-the-art facility where creativity comes to life. Enhancements include improved accessibility, updated infrastructure, and a new wing for classes and rehearsals. Location: East Main Street Planning phase THE RIVERFRONT AT PROMENADE PARK Just across Harrison Street from Promenade Park, this project will bring apartments, retail, and parking to the downtown riverfront. The six-story, mixed-use building will include more than 200 apartments, seven town homes, and a 900-space parking garage. Location: West Superior Street & South Harrison Street $90 million Garage opening 2022 / Commerical opening 2023 PROJECT GATEWAY Fort Wayne International Airport continues to raise the bar, building on 10 consecutive years of growth. This project improves the travel experience with a major terminal expansion, upgrades to the rental car area, and more. Location: 3801 W. Ferguson Rd. $50 million / Estimated completion 2023 6 Choose Greater Fort Wayne, Indiana HIGH QUALITY, LOW COST MEDIAN HOME PRICES FOR METROS, 2021 Fort Wayne, IN $174,300 Cincinnati, OH $212,400 Louisville, KY $213,900 Chattanooga, TN $232,300 Indianapolis, IN $232,400 Columbus, OH $242,000 Grand Rapids, MI $242,100 Greenville, SC $256,300 Durham, NC $351,100 THREE RIVERS FESTIVAL Source: National Association of Realtors, Q1 2021 As a community, we invest in ourselves and our people. We are building a region that provides you the opportunity to achieve your potential, whatever that may be. From big-city amenities, without the hassle or expense, to historic neighborhoods and rural charm, Allen County has something for everyone. ARTISTIC AND CULTURAL ACTIVITIES Arts United of Greater Fort Wayne Fort Wayne Philharmonic Fort Wayne Children’s Zoo Clyde Theatre Embassy Theatre Fort Wayne Museum of Art Science Central Middle Waves Music Festival Fort Wayne Civic Theatre TinCaps Baseball Fort Wayne Derby Girls Hobnobben Film Festival Arena Dinner Theatre Komet Hockey Fort Wayne United Soccer Buskerfest Fort Wayne Ballet Mad Ants Basketball History Center Fort Wayne FC Soccer ARTS AND THEATRE FARMERS NIGHTLIFE CONCERTS MARKETS AFFORDABLE LAKES NEIGHBORHOODS ZOO PRO SPORTS Choose Greater Fort Wayne, Indiana 7 RELOCATION We’d love to have you here in Allen County. Whether you are a current resident, a business owner, or considering relocating here, these resources can help you find opportunities and stay in the know. GFW Go Includes information about bold community projects that are driving Allen County forward. gfwgo.com Greater Fort Wayne Inc. Chamber of commerce and economic development resources including market data, investor benefits, member business directory, and more. greaterfortwayneinc.com Onboard Fort Wayne Program that helps newcomers and their families live their best lives in Allen County by offering social events, community connections, and online resources. onboardfw.com Current Fort Wayne Your source for community events happening throughout Allen County. visitfortwayne.com/current Northeast Indiana Regional Partnership Jobs portal, market data, and recruitment resources to help prospective new residents get to know our region. neindiana.com Fort Wayne’s Downtown Improvement District Shops, restaurants, events, and virtual tours of downtown businesses. downtownfortwayne.com 8 Choose Greater Fort Wayne, Indiana DEMOGRAPHICS ALLEN COUNTY INCOME Per Capita Personal Income $47,602 Average Annual Wage $49,036 Median Household Income $56,838 POPULATION City of Fort Wayne 270,402 Allen County 379,299 Within 60-mile Radius 1,522,038 Median Age 36.0 EDUCATIONAL ATTAINMENT Fort Wayne is the Less than High School 11% High School Graduate 28% second-largest city Some College 22% in Indiana, and 77th Associate Degree 11% Bachelor's Degree 19% nationally. And, we Master's, Ph.D. and/or Professional Degree 10% are growing – faster than peer cities like Cincinnati, Omaha, and Louisville. Fort Wayne-Allen County is a welcoming and inclusive community that embodies the very best of Hoosier Hospitality. Choose Greater Fort Wayne, Indiana 9 EDUCATION &WORKFORCE WE HAVE TALENT. STUDENTS ENROLLED AT TIER 1 AND TIER 2 793,000+ RESEARCH UNIVERSITIES WITHIN 200 MILES WORKERS IN THE 11-COUNTY NORTHEAST INDIANA REGIONAL 389,000 LABOR FORCE ASSOCIATE DEGREE+ ATTAINMENT AMONG 39% ADULTS IN ALLEN COUNTY COLLEGE STUDENTS ARE ENROLLED IN 31,000 ALLEN COUNTY COLLEGES AND UNIVERSITIES. 10 Choose Greater Fort Wayne, Indiana ECONOMIC DEVELOPMENT “Delivering this project, from site selection to breaking ground, took just over two months. That process in a normal setting can be six months to a year. I’ve heard from our client directly that this was the fastest speed to market they’ve ever seen delivered on this type of building.” Scott Sanders Vice President of Development Ambrose Property Group Oversaw Amazon’s investment of $200M+ in Allen County, 2020-21 ALLEN COUNTY, 2014-20 10,850+ NEW JOBS $462 MILLION NEW ANNUAL PAYROLL $2.7 B CAPITAL INVESTMENT Choose Greater Fort Wayne, Indiana 11 AIRPORT DISTRICT General Motors Assembly Walmart Dairy Processing Plant Baer Rd. Baer R d. gton ntin 5 r Hu e B Low 4 l 3 6 u f f t . o d pressway n Ex R Airport 4 R 7 8 d ith . m #4 S . STATE d Fort Wayne R International polis 12 na Airport dia RANK In 13 1 10 14 FOR COST Pleasant Cente r Rd. 2 11 OF DOING To Indianapolis BUSINESS (CNBC, 2019) 1. General Motors Assembly - $1.2B 8. Fort Wayne Metals - $68.7M 2. Android/Avancez - $14.7M 9. Faurecia - $18.5M 3. Franklin Electric - $25M 10. Northern Indiana Anodize - $7M 4. Amazon - $289M 11. Lippert Components - $14.3M 5. Sabert - $26.5M 12. XPO Logistics/Trinity Health - $39.8M 6. BAE Systems - $39M 13. General Mills - $36M 7. Vita Nonwovens - $19M 14. Walmart Dairy - $181M 12 Choose Greater Fort Wayne, Indiana CAPITAL INVESTMENTS While downtown Fort Wayne’s renaissance receives national attention, business investment is strong throughout Allen County. Here is a snapshot of economic development investments throughout the county. Allen County 7 15 33 16 8 24 30 2 3 6 Ft. Wayne 4 5 14 1 1213 27 10 9 11 30 24 27 1.

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