A $71 million mixed-use project is to bring a local brokerage firm downtown along with more than 100 new jobs within the next three years.
Mayor Tom Henry on Monday announced that Ash Brokerage Corp. is moving from its West Jefferson Boulevard address to the city's urban center in a development that includes an eight-story headquarters for the company, a parking garage, condos, apartments and townhouses.
"We believe in Fort Wayne," said Tim Ash, Ash Brokerage's president and CEO. "We hope this momentum keeps going and going."
Ash's business is to invest $19.6 million and move its more than 200 employees to downtown. The company is to add 115 jobs by 2017.
Bill Bean is vice president of investment firm Hanning & Bean Enterprises Inc. It is to spend $32 million on the residential part of the project, as well as a rooftop parking garage. The development will take up the full block bordered by Wayne, Harrison, Berry and Webster streets.
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