FORT WAYNE, Ind. (WFFT) - This is now the third extension the project received bringing mixed feelings for the vote.
Leigh Rowan, founder of the FT. Wayne Farmers Market, hopes to one day be a tenant of Electric Works even if it takes a little while longer.
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"It's always nerve-wracking when someone else has the ball in their court," Rowan said.
She came to the commission's meeting Monday eager to find out if they would give the project another extension.
"We want to have them realize the impact and the positive motion if they said yes to the extension, and all the possibilities because of moving forward. Moving forward is so important to stay on track and on time,” Rowan said.
The commission moved the vote to the top of its agenda now that Electric Works announced it has an anchor tenant.
Who it is will remain a mystery until Thursday.
Redevelopment Director Nancy Townsend said they can't announce the name yet because of a non-disclosure agreement.
The commission voted 3-2 to move the deadline to April 30.
The announcement is expected to be made on Thursday afternoon for the new anchor tenant.
Local and state officials are also expected to be in attendance.
$65 million is secured for the project to happen.
The city said that funding is in place and will be released when all conditions of the Economic Development Agreement are met and closing occurs.
- Electric Works project officially granted 3rd extension
- Funding extension granted to Electric Works developers
- Mayor Henry supporting additional extension for Electric Works project
- Electric Works project seeks 2020 extension to secure financing and tenants
- Details unfold about Electric Works project
- Work continues on Electric Works
- Electric Works talks continue
- Electric Works tours scheduled
- City council discusses resolution for Electric Works project
- Electric Works developers asking CIB to cosign loan on project