{"id":2418,"date":"2008-12-29T19:26:11","date_gmt":"2008-12-30T00:26:11","guid":{"rendered":"https:\/\/www.aroundfortwayne.com\/news\/?p=2418"},"modified":"2020-12-25T19:23:39","modified_gmt":"2020-12-26T00:23:39","slug":"omnisource-whats-the-asking-price","status":"publish","type":"post","link":"https:\/\/aroundfortwayne.com\/news\/2008\/12\/29\/omnisource-whats-the-asking-price\/","title":{"rendered":"OmniSource, What&#8217;s The Asking Price?"},"content":{"rendered":"<p style=\"text-align: center\"><a title=\"The OmniSource property as seen from the Lincoln Tower Observation Deck on March 20, 2008.\" rel=\"lightbox\" href=\"https:\/\/www.aroundfortwayne.com\/news\/wp-content\/uploads\/2008\/12\/47668.jpg\"><img decoding=\"async\" src=\"https:\/\/www.aroundfortwayne.com\/news\/wp-content\/uploads\/2008\/12\/t47668.jpg\" alt=\"\" \/><\/a><\/p>\n<p>In tonight&#8217;s Indiana News Center newscast, <span class=\"removed_link\" title=\"https:\/\/www.indianasnewscenter.com\/news\/local\/36845174.html\">Jeff Neumeyer reported the following<\/span>:<\/p>\n<blockquote><p>Officials with the City of Fort Wayne are hoping the incoming Obama administration will deliver some late Christmas gifts to boost jobs and the condition of local infrastructure.<\/p>\n<p>Mayor Tom Henry&#8217;s administration would love to see an Obama Presidency hand over <strong>ten million dollars to help the city purchase the old OmniSource land<\/strong> on North Calhoun Street, and <strong>get it ready for re-sale<\/strong> to a prospective developer.<\/p><\/blockquote>\n<p><!--more-->What??<\/p>\n<p>Ten million dollars for the OmniSource land? \u00c2\u00a0<a href=\"https:\/\/aroundfortwayne.com\/news\/2008\/12\/15\/omnisource-property-acquisition-off-the-table\/\">The original asking price was $4.3 million<\/a>. \u00c2\u00a0That&#8217;s an increase of $5.7 million. \u00c2\u00a0Now there are two possiblities here. \u00c2\u00a0The first is that Neumeyer misheard\/misspoke. \u00c2\u00a0The second is that the increase includes environmental clean-up\/remediation and demolition of what&#8217;s still there. \u00c2\u00a0I cannot imagine demolition and putting the property into a &#8220;shovel-ready&#8221; condition would cost more than a million &#8211; and probably not even that much. \u00c2\u00a0This last option leaves a lot for the environmental remediation which again begs the questions of just how contaminated that property really is &#8211; and is the property worth the $4.3 million asking price?<\/p>\n<p>I have emailed a contact at the City to confirm the figure Neumeyer reported.<\/p>\n<h3>Related Images:<\/h3><div class=\"ngg-related-gallery\">\n\t\t\t<a href=\"https:\/\/aroundfortwayne.com\/news\/wp-content\/gallery\/north-river\/74329.jpg\"\n\t\t\ttitle=\"The former OmniSource Headquarters being demolished.  Photo taken March 11, 2009.\"\n\t\t\tclass='thickbox' rel='7c499e6963a0d63fadbe01cdb8e1e722' data-image-id=\"467\" data-src=\"https:\/\/aroundfortwayne.com\/news\/wp-content\/gallery\/north-river\/74329.jpg\" data-thumbnail=\"https:\/\/aroundfortwayne.com\/news\/wp-content\/gallery\/north-river\/thumbs\/thumbs_74329.jpg\" data-title=\"2009\/03\/15: The former OmniSource Headquarters\" data-description=\"The former OmniSource Headquarters being demolished.  Photo taken March 11, 2009.\">\n\t\t\t<img title=\"2009\/03\/15: The former OmniSource Headquarters\"\n\t\t\t\talt=\"2009\/03\/15: The former OmniSource Headquarters\"\n\t\t\t\tdata-image-id=\"467\"\n\t\t\t\tsrc=\"https:\/\/aroundfortwayne.com\/news\/wp-content\/gallery\/north-river\/thumbs\/thumbs_74329.jpg\"\/>\n\t\t<\/a>\n\t\t\t<a href=\"https:\/\/aroundfortwayne.com\/news\/wp-content\/gallery\/north-river\/74331.jpg\"\n\t\t\ttitle=\"The former OmniSource Headquarters being demolished.  Photo taken March 11, 2009.\"\n\t\t\tclass='thickbox' rel='7c499e6963a0d63fadbe01cdb8e1e722' data-image-id=\"468\" data-src=\"https:\/\/aroundfortwayne.com\/news\/wp-content\/gallery\/north-river\/74331.jpg\" data-thumbnail=\"https:\/\/aroundfortwayne.com\/news\/wp-content\/gallery\/north-river\/thumbs\/thumbs_74331.jpg\" data-title=\"2009\/03\/15: The former OmniSource Headquarters\" data-description=\"The former OmniSource Headquarters being demolished.  Photo taken March 11, 2009.\">\n\t\t\t<img title=\"2009\/03\/15: The former OmniSource Headquarters\"\n\t\t\t\talt=\"2009\/03\/15: The former OmniSource Headquarters\"\n\t\t\t\tdata-image-id=\"468\"\n\t\t\t\tsrc=\"https:\/\/aroundfortwayne.com\/news\/wp-content\/gallery\/north-river\/thumbs\/thumbs_74331.jpg\"\/>\n\t\t<\/a>\n\t\t\t<a href=\"https:\/\/aroundfortwayne.com\/news\/wp-content\/gallery\/north-river\/74336.jpg\"\n\t\t\ttitle=\"The former OmniSource Headquarters being demolished.  Photo taken March 11, 2009.\"\n\t\t\tclass='thickbox' rel='7c499e6963a0d63fadbe01cdb8e1e722' data-image-id=\"469\" data-src=\"https:\/\/aroundfortwayne.com\/news\/wp-content\/gallery\/north-river\/74336.jpg\" data-thumbnail=\"https:\/\/aroundfortwayne.com\/news\/wp-content\/gallery\/north-river\/thumbs\/thumbs_74336.jpg\" data-title=\"2009\/03\/15: The former OmniSource Headquarters\" data-description=\"The former OmniSource Headquarters being demolished.  Photo taken March 11, 2009.\">\n\t\t\t<img title=\"2009\/03\/15: The former OmniSource Headquarters\"\n\t\t\t\talt=\"2009\/03\/15: The former OmniSource Headquarters\"\n\t\t\t\tdata-image-id=\"469\"\n\t\t\t\tsrc=\"https:\/\/aroundfortwayne.com\/news\/wp-content\/gallery\/north-river\/thumbs\/thumbs_74336.jpg\"\/>\n\t\t<\/a>\n\t\t\t<a href=\"https:\/\/aroundfortwayne.com\/news\/wp-content\/gallery\/north-river\/74337.jpg\"\n\t\t\ttitle=\"The former OmniSource Headquarters being demolished. Photo taken March 11, 2009.\"\n\t\t\tclass='thickbox' rel='7c499e6963a0d63fadbe01cdb8e1e722' data-image-id=\"470\" data-src=\"https:\/\/aroundfortwayne.com\/news\/wp-content\/gallery\/north-river\/74337.jpg\" data-thumbnail=\"https:\/\/aroundfortwayne.com\/news\/wp-content\/gallery\/north-river\/thumbs\/thumbs_74337.jpg\" data-title=\"2009\/03\/15: The former OmniSource Headquarters\" data-description=\"The former OmniSource Headquarters being demolished. Photo taken March 11, 2009.\">\n\t\t\t<img title=\"2009\/03\/15: The former OmniSource Headquarters\"\n\t\t\t\talt=\"2009\/03\/15: The former OmniSource Headquarters\"\n\t\t\t\tdata-image-id=\"470\"\n\t\t\t\tsrc=\"https:\/\/aroundfortwayne.com\/news\/wp-content\/gallery\/north-river\/thumbs\/thumbs_74337.jpg\"\/>\n\t\t<\/a>\n\t\t\t<a href=\"https:\/\/aroundfortwayne.com\/news\/wp-content\/gallery\/north-river\/74339.jpg\"\n\t\t\ttitle=\"The former OmniSource Headquarters being demolished.  Photo taken March 11, 2009.\"\n\t\t\tclass='thickbox' rel='7c499e6963a0d63fadbe01cdb8e1e722' data-image-id=\"471\" data-src=\"https:\/\/aroundfortwayne.com\/news\/wp-content\/gallery\/north-river\/74339.jpg\" data-thumbnail=\"https:\/\/aroundfortwayne.com\/news\/wp-content\/gallery\/north-river\/thumbs\/thumbs_74339.jpg\" data-title=\"2009\/03\/15: The former OmniSource Headquarters\" data-description=\"The former OmniSource Headquarters being demolished.  Photo taken March 11, 2009.\">\n\t\t\t<img title=\"2009\/03\/15: The former OmniSource Headquarters\"\n\t\t\t\talt=\"2009\/03\/15: The former OmniSource Headquarters\"\n\t\t\t\tdata-image-id=\"471\"\n\t\t\t\tsrc=\"https:\/\/aroundfortwayne.com\/news\/wp-content\/gallery\/north-river\/thumbs\/thumbs_74339.jpg\"\/>\n\t\t<\/a>\n\t\t\t<a href=\"https:\/\/aroundfortwayne.com\/news\/wp-content\/gallery\/north-river\/74341.jpg\"\n\t\t\ttitle=\"The former OmniSource Headquarters being demolished.  Photo taken March 11, 2009.\"\n\t\t\tclass='thickbox' rel='7c499e6963a0d63fadbe01cdb8e1e722' data-image-id=\"472\" data-src=\"https:\/\/aroundfortwayne.com\/news\/wp-content\/gallery\/north-river\/74341.jpg\" data-thumbnail=\"https:\/\/aroundfortwayne.com\/news\/wp-content\/gallery\/north-river\/thumbs\/thumbs_74341.jpg\" data-title=\"2009\/03\/15: The former OmniSource Headquarters\" data-description=\"The former OmniSource Headquarters being demolished.  Photo taken March 11, 2009.\">\n\t\t\t<img title=\"2009\/03\/15: The former OmniSource Headquarters\"\n\t\t\t\talt=\"2009\/03\/15: The former OmniSource Headquarters\"\n\t\t\t\tdata-image-id=\"472\"\n\t\t\t\tsrc=\"https:\/\/aroundfortwayne.com\/news\/wp-content\/gallery\/north-river\/thumbs\/thumbs_74341.jpg\"\/>\n\t\t<\/a>\n\t\t\t<a href=\"https:\/\/aroundfortwayne.com\/news\/wp-content\/gallery\/north-river\/74357.jpg\"\n\t\t\ttitle=\"The former OmniSource Headquarters being demolished.  Photo taken March 11, 2009.\"\n\t\t\tclass='thickbox' rel='7c499e6963a0d63fadbe01cdb8e1e722' data-image-id=\"473\" data-src=\"https:\/\/aroundfortwayne.com\/news\/wp-content\/gallery\/north-river\/74357.jpg\" data-thumbnail=\"https:\/\/aroundfortwayne.com\/news\/wp-content\/gallery\/north-river\/thumbs\/thumbs_74357.jpg\" data-title=\"2009\/03\/15: The former OmniSource Headquarters\" data-description=\"The former OmniSource Headquarters being demolished.  Photo taken March 11, 2009.\">\n\t\t\t<img title=\"2009\/03\/15: The former OmniSource Headquarters\"\n\t\t\t\talt=\"2009\/03\/15: The former OmniSource Headquarters\"\n\t\t\t\tdata-image-id=\"473\"\n\t\t\t\tsrc=\"https:\/\/aroundfortwayne.com\/news\/wp-content\/gallery\/north-river\/thumbs\/thumbs_74357.jpg\"\/>\n\t\t<\/a>\n\t\t\t<a href=\"https:\/\/aroundfortwayne.com\/news\/wp-content\/gallery\/north-river\/74360.jpg\"\n\t\t\ttitle=\"The former OmniSource Headquarters being demolished.  Photo taken March 11, 2009.\"\n\t\t\tclass='thickbox' rel='7c499e6963a0d63fadbe01cdb8e1e722' data-image-id=\"474\" data-src=\"https:\/\/aroundfortwayne.com\/news\/wp-content\/gallery\/north-river\/74360.jpg\" data-thumbnail=\"https:\/\/aroundfortwayne.com\/news\/wp-content\/gallery\/north-river\/thumbs\/thumbs_74360.jpg\" data-title=\"2009\/03\/15: The former OmniSource Headquarters\" data-description=\"The former OmniSource Headquarters being demolished.  Photo taken March 11, 2009.\">\n\t\t\t<img title=\"2009\/03\/15: The former OmniSource Headquarters\"\n\t\t\t\talt=\"2009\/03\/15: The former OmniSource Headquarters\"\n\t\t\t\tdata-image-id=\"474\"\n\t\t\t\tsrc=\"https:\/\/aroundfortwayne.com\/news\/wp-content\/gallery\/north-river\/thumbs\/thumbs_74360.jpg\"\/>\n\t\t<\/a>\n\t\t\t<a href=\"https:\/\/aroundfortwayne.com\/news\/wp-content\/gallery\/north-river\/74363.jpg\"\n\t\t\ttitle=\"The former OmniSource Headquarters being demolished.  Photo taken March 11, 2009.\"\n\t\t\tclass='thickbox' rel='7c499e6963a0d63fadbe01cdb8e1e722' data-image-id=\"475\" data-src=\"https:\/\/aroundfortwayne.com\/news\/wp-content\/gallery\/north-river\/74363.jpg\" data-thumbnail=\"https:\/\/aroundfortwayne.com\/news\/wp-content\/gallery\/north-river\/thumbs\/thumbs_74363.jpg\" data-title=\"2009\/03\/15: The former OmniSource Headquarters\" data-description=\"The former OmniSource Headquarters being demolished.  Photo taken March 11, 2009.\">\n\t\t\t<img title=\"2009\/03\/15: The former OmniSource Headquarters\"\n\t\t\t\talt=\"2009\/03\/15: The former OmniSource Headquarters\"\n\t\t\t\tdata-image-id=\"475\"\n\t\t\t\tsrc=\"https:\/\/aroundfortwayne.com\/news\/wp-content\/gallery\/north-river\/thumbs\/thumbs_74363.jpg\"\/>\n\t\t<\/a>\n\t\t\t<a href=\"https:\/\/aroundfortwayne.com\/news\/wp-content\/gallery\/north-river\/74368.jpg\"\n\t\t\ttitle=\"The former OmniSource Headquarters being demolished.  Photo taken March 11, 2009.\"\n\t\t\tclass='thickbox' rel='7c499e6963a0d63fadbe01cdb8e1e722' data-image-id=\"476\" data-src=\"https:\/\/aroundfortwayne.com\/news\/wp-content\/gallery\/north-river\/74368.jpg\" data-thumbnail=\"https:\/\/aroundfortwayne.com\/news\/wp-content\/gallery\/north-river\/thumbs\/thumbs_74368.jpg\" data-title=\"2009\/03\/15: The former OmniSource Headquarters\" data-description=\"The former OmniSource Headquarters being demolished.  Photo taken March 11, 2009.\">\n\t\t\t<img title=\"2009\/03\/15: The former OmniSource Headquarters\"\n\t\t\t\talt=\"2009\/03\/15: The former OmniSource Headquarters\"\n\t\t\t\tdata-image-id=\"476\"\n\t\t\t\tsrc=\"https:\/\/aroundfortwayne.com\/news\/wp-content\/gallery\/north-river\/thumbs\/thumbs_74368.jpg\"\/>\n\t\t<\/a>\n\t\t\t<a href=\"https:\/\/aroundfortwayne.com\/news\/wp-content\/gallery\/north-river\/74372.jpg\"\n\t\t\ttitle=\"The former OmniSource Headquarters being demolished.  Photo taken March 11, 2009.\"\n\t\t\tclass='thickbox' rel='7c499e6963a0d63fadbe01cdb8e1e722' data-image-id=\"477\" data-src=\"https:\/\/aroundfortwayne.com\/news\/wp-content\/gallery\/north-river\/74372.jpg\" data-thumbnail=\"https:\/\/aroundfortwayne.com\/news\/wp-content\/gallery\/north-river\/thumbs\/thumbs_74372.jpg\" data-title=\"2009\/03\/15: The former OmniSource Headquarters\" data-description=\"The former OmniSource Headquarters being demolished.  Photo taken March 11, 2009.\">\n\t\t\t<img title=\"2009\/03\/15: The former OmniSource Headquarters\"\n\t\t\t\talt=\"2009\/03\/15: The former OmniSource Headquarters\"\n\t\t\t\tdata-image-id=\"477\"\n\t\t\t\tsrc=\"https:\/\/aroundfortwayne.com\/news\/wp-content\/gallery\/north-river\/thumbs\/thumbs_74372.jpg\"\/>\n\t\t<\/a>\n\t\t\t<a href=\"https:\/\/aroundfortwayne.com\/news\/wp-content\/gallery\/north-river\/74375.jpg\"\n\t\t\ttitle=\"The former OmniSource Headquarters being demolished.  Photo taken March 11, 2009.\"\n\t\t\tclass='thickbox' rel='7c499e6963a0d63fadbe01cdb8e1e722' data-image-id=\"478\" data-src=\"https:\/\/aroundfortwayne.com\/news\/wp-content\/gallery\/north-river\/74375.jpg\" data-thumbnail=\"https:\/\/aroundfortwayne.com\/news\/wp-content\/gallery\/north-river\/thumbs\/thumbs_74375.jpg\" data-title=\"2009\/03\/15: The former OmniSource Headquarters\" data-description=\"The former OmniSource Headquarters being demolished.  Photo taken March 11, 2009.\">\n\t\t\t<img title=\"2009\/03\/15: The former OmniSource Headquarters\"\n\t\t\t\talt=\"2009\/03\/15: The former OmniSource Headquarters\"\n\t\t\t\tdata-image-id=\"478\"\n\t\t\t\tsrc=\"https:\/\/aroundfortwayne.com\/news\/wp-content\/gallery\/north-river\/thumbs\/thumbs_74375.jpg\"\/>\n\t\t<\/a>\n\t\t\t<a href=\"https:\/\/aroundfortwayne.com\/news\/wp-content\/gallery\/north-river\/74377.jpg\"\n\t\t\ttitle=\"The former OmniSource Headquarters being demolished.  Photo taken March 11, 2009.\"\n\t\t\tclass='thickbox' rel='7c499e6963a0d63fadbe01cdb8e1e722' data-image-id=\"479\" data-src=\"https:\/\/aroundfortwayne.com\/news\/wp-content\/gallery\/north-river\/74377.jpg\" data-thumbnail=\"https:\/\/aroundfortwayne.com\/news\/wp-content\/gallery\/north-river\/thumbs\/thumbs_74377.jpg\" data-title=\"2009\/03\/15: The former OmniSource Headquarters\" data-description=\"The former OmniSource Headquarters being demolished.  Photo taken March 11, 2009.\">\n\t\t\t<img title=\"2009\/03\/15: The former OmniSource Headquarters\"\n\t\t\t\talt=\"2009\/03\/15: The former OmniSource Headquarters\"\n\t\t\t\tdata-image-id=\"479\"\n\t\t\t\tsrc=\"https:\/\/aroundfortwayne.com\/news\/wp-content\/gallery\/north-river\/thumbs\/thumbs_74377.jpg\"\/>\n\t\t<\/a>\n\t\t\t<a href=\"https:\/\/aroundfortwayne.com\/news\/wp-content\/gallery\/north-river\/74382.jpg\"\n\t\t\ttitle=\"The former OmniSource Headquarters being demolished.  Photo taken March 11, 2009.\"\n\t\t\tclass='thickbox' rel='7c499e6963a0d63fadbe01cdb8e1e722' data-image-id=\"480\" data-src=\"https:\/\/aroundfortwayne.com\/news\/wp-content\/gallery\/north-river\/74382.jpg\" data-thumbnail=\"https:\/\/aroundfortwayne.com\/news\/wp-content\/gallery\/north-river\/thumbs\/thumbs_74382.jpg\" data-title=\"2009\/03\/15: The former OmniSource Headquarters\" data-description=\"The former OmniSource Headquarters being demolished.  Photo taken March 11, 2009.\">\n\t\t\t<img title=\"2009\/03\/15: The former OmniSource Headquarters\"\n\t\t\t\talt=\"2009\/03\/15: The former OmniSource Headquarters\"\n\t\t\t\tdata-image-id=\"480\"\n\t\t\t\tsrc=\"https:\/\/aroundfortwayne.com\/news\/wp-content\/gallery\/north-river\/thumbs\/thumbs_74382.jpg\"\/>\n\t\t<\/a>\n\t\t\t<a href=\"https:\/\/aroundfortwayne.com\/news\/wp-content\/gallery\/north-river\/74385.jpg\"\n\t\t\ttitle=\"The former OmniSource Headquarters being demolished.  Photo taken March 11, 2009.\"\n\t\t\tclass='thickbox' rel='7c499e6963a0d63fadbe01cdb8e1e722' data-image-id=\"481\" data-src=\"https:\/\/aroundfortwayne.com\/news\/wp-content\/gallery\/north-river\/74385.jpg\" data-thumbnail=\"https:\/\/aroundfortwayne.com\/news\/wp-content\/gallery\/north-river\/thumbs\/thumbs_74385.jpg\" data-title=\"2009\/03\/15: The former OmniSource Headquarters\" data-description=\"The former OmniSource Headquarters being demolished.  Photo taken March 11, 2009.\">\n\t\t\t<img title=\"2009\/03\/15: The former OmniSource Headquarters\"\n\t\t\t\talt=\"2009\/03\/15: The former OmniSource Headquarters\"\n\t\t\t\tdata-image-id=\"481\"\n\t\t\t\tsrc=\"https:\/\/aroundfortwayne.com\/news\/wp-content\/gallery\/north-river\/thumbs\/thumbs_74385.jpg\"\/>\n\t\t<\/a>\n\t<\/div>","protected":false},"excerpt":{"rendered":"<p>In tonight&#8217;s Indiana News Center newscast, Jeff Neumeyer reported the following: Officials with the City of Fort Wayne are hoping the incoming Obama administration will deliver some late Christmas gifts to boost jobs and the condition of local infrastructure. Mayor Tom Henry&#8217;s administration would love to see an Obama Presidency hand over ten million dollars [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"ngg_post_thumbnail":0,"footnotes":""},"categories":[48],"tags":[49],"class_list":["post-2418","post","type-post","status-publish","format-standard","hentry","category-north-river-now","tag-north-river-property"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.3 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>OmniSource, What&#039;s The Asking Price? - AroundFortWayne<\/title>\n<meta name=\"description\" content=\"In tonight&#039;s Indiana News Center newscast, Jeff Neumeyer reported the following: Officials with the City of Fort Wayne are hoping the incoming Obama\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/aroundfortwayne.com\/news\/2008\/12\/29\/omnisource-whats-the-asking-price\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"OmniSource, What&#039;s The Asking Price? 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