City Breaks Ground On 60,000 Sq. Ft. Industrial Building To Draw Employers (PHOTOS & VIDEO)

By Emma Koch

July 16, 2013 Updated Jul 16, 2013 at 5:17 PM EDT

FORT WAYNE, Ind. (www.incnow.tv) – Mayor Tom Henry joined other city officials Tuesday, at the ground breaking for a new 60,000 square-foot building in Interstate Industrial Park.

In January 2011, the Fort Wayne – Allen County Economic Development Alliance began tracking requests for existing building space from potential new employers considering a location in Allen County. Over 125 requests were received and tracked.

It was found that growing companies seek an approximately 155,000 square-foot building with ceiling heights over 25 feet. A lack of building inventory meant the Alliance was only able to offer a location for employers that met 35% of the majority of the companies requirements. To date Allen County does not have an available stand-alone, modern industrial building between 60,000 and 750,000 square feet with ceilings higher than 20 feet.

In late 2012, CME Corporation approached the Alliance and the City of Fort Wayne seeking support for the construction of a speculative building that would provide an option for companies interested in locating within the area. CME, working with industrial site owners Wayne and Carol Klink, will construct a 60,000 square-foot building shell that can be further built out to meet the needs of an end user company. The building has the potential to be expanded up to 120,000 square-foot.

“By gathering data for over two years, we have identified a serious gap in our inventory of buildings that allow us to attract employers to the community,” said Ashley Steenman, vice president of business development for The Alliance. “We are pleased to have an added tool that will increase our competitive edge in the fight for what every community wants – jobs.”

The goal with this facility is to draw in companies in advance manufacturing, defense, security, medical device and food processing with incentives to locate in Fort Wayne and offer creation of jobs with high earning potential.

The Zacher Company will represent the property and work closely with the Alliance to fill the building with the desired industry employer.

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