A new building could rise near Headwaters Park, if a developer works out a deal with leaders from the City of Fort Wayne.
The people with Indianapolis-based Barrett and Stokely have been eyeing the parking lot at the northeast corner of S. Clinton St. and Superior St. for a potential mixed-use building.
According to Community Development leaders, no agreements have been signed, but the developer has been giving due diligence in making sure the spot would be fitting for a new building before a commitment is made.
The biggest question is how a building would affect annual festivals that call nearby Headwaters Park home. Rex Barrett told WANE 15 News the celebrations are the main reason the location is attractive to his company. Barrett acknowledged the fact that the parking lot is often used for festival-goers and staffers and said a parking garage is being considered as part of the development.
The development company specializes in apartments, but have not revealed what a building in Fort Wayne could include. Initial drawings have not yet been shared either.
Barrett met with leaders of Headwaters Park and festivals, including Three Rivers Festival director Jack Hammer Tuesday morning to talk about potential impact to the celebrations. Hammer told WANE 15 the meeting went well, as the developers listened to the stakeholders.
No construction is expected to happen in the 2019 festival season, but could happen in the months after, if agreements are made.
WANE 15 News asked Barett if his company would look for another spot in the downtown area if the Headwaters location would not work out, he said “Absolutely, yes.” He elaborated saying people around the region have taken note about the development happing in Fort Wayne and the appeal of building near the riverfront.