FORT WAYNE, Ind. (21Alive) - It's not the sought after amount, but the city's Redevelopment Commission appears ready to contribute $750,000 toward the ten million dollar renovation of the long-vacant Indiana Hotel, which is connected to the Embassy Theatre.
The project plans to convert four floors of the former seven-story building into classrooms, rehearsal space, a roof-top garden and a two-story ballroom.
Embassy Executive Director Kelly Updike says four million of the ten million dollar cost has been raised and they hope to hit six million by the end of the year.
Construction could start in the spring, with completion in 2015.
The Indiana Hotel opened in 1928 and closed in 1971.
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