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In a press conference today, DOMO Development, in collaboration with a team of nationally recognized development partners, proposed a bold new vision for the continuation of riverfront development in Fort Wayne, Indiana.
The proposed Riverfront Planned Urban District, planned by MKM, would utilize a former Pepsi bottling site just north of downtown as a key central parcel connecting two districts – the North River property to the north and additional property along High Street to the west – to create an expansive, mixed-use development which covers nearly 60 acres. This project would be one of the largest urban re-development programs in the Midwest and is estimated to attract more than 1.5 million visitors annually to downtown Fort Wayne.
The $1.5 billion development would feature the following:
- 5,000-seat multi-use arena and event venue
- 5,000-seat outdoor soccer stadium with connected boutique hotel
- Natatorium with Olympic-size swimming pool
- Additional athletic fields and basketball courts for youth sports and public use
- An E-sports venue
- “The Wedge” mixed-use development
- Mixed-use high-rise building with attached structure parking
- Multi-generational residential village that will house people of all ages and abilities
- Expanded, accessible riverwalk civic spaces
Current project partners and co-developers include:
- DOMO Development Company
- Thompson Thrift
- Cityscape Residential
- Card & Associates
- Brown Capital Group
- Grove Holdings
- Weigand Construction
“Our vision for this district and the timing of this announcement is driven by the City’s RFQ for the Pepsi property,” Eric Doden (Principal at DOMO) explained. “Our team chose to expand its approach beyond the confines of the Pepsi property because of the consolidated ownership of land between DOMO’s investment group and the City. Responding only to the City’s RFQ for the Pepsi property would have missed a once-in-a-generation opportunity to come together around a comprehensive project that accelerates Fort Wayne’s pursuit to be known as the one of the best communities in America.”
