Statement from Josh Parker, RTM Ventures, LLC (the Electric Works developer) regarding the draft Economic Development Agreement shared publicly by the City of Fort Wayne:
(June 13, 2018) – We’re thankful to the Mayor, City Council and county leaders for their support, leadership and considerable efforts that went into this draft agreement. Combined with the $3M already committed by the CIB and County Commissioners, the $62M represented in this draft will complete the full local investment of $65M, an important and notable milestone in this process.
At the same time, it’s important to remember that this a draft agreement, not a final agreement. We look forward to the next step in this process: working closely and collaboratively with the city and county towards a negotiated, final development agreement that ensures a smart and sound local investment in Electric Works and helps bring high-quality jobs and significant economic impact to our city, county and region.
Related weblinks:
- Draft Electric Works EDA
- RTM Ventures draft EDA statement
- Electric Works Strategic Market Analysis report
- Electric Works official website
- RCLCO Real Estate Advisors website
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