Fort Wayne Optimistic About OmniSource Property
The city of Fort Wayne seeks to develop the former OmniSource property into mixed-use development. (image courtesy: WPTA)
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As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe NowA vacant piece of property in Fort Wayne that at one time was the site of a metal recycling plant could become the location of a mixed-use development that includes a soccer stadium.
Our partners at WPTA-TV report the former OmniSource site has been floated as a prime spot for new development.
In his state of the city speech, Mayor Tom Henry announced a Memorandum of Understanding with a local developer, which has big ideas for the property.
“A soccer stadium for our new soccer team and beginning to work south to include an event center, a track and field facility, a hotel, and a restaurant, and probably everything else in between,” said Henry.
The property is located near Fort Wayne’s science museum Science Central and the St. Mary’s River.
The proposal is estimated to cost about $150 million, although the plans are still in the very early stages. The city bought the property several years ago as a development opportunity.
The TV station says differing plans on what to do with the 30-acre site have been floated over the years, but Henry says this is the farthest any developer has gone towards committing to it.