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Division of Community and Economic Development 1999 Annual Report
REDEVELOPMENT COMMISSION (Continued)
BROWNFIELD PROJECTS
Broadway Galleries
Summary - The initiative involves the re-use of a former gas station site as an art gallery.
Background - In 1999, the City
announced its Brownfield Assistance Program
to encourage private redevelopment of
brownfield sites in the City. These sites are
generally former industrial or commercial
locations that are now under-utilized or
abandoned. The program consists of grants
for both Phase I and II environmental site
assessments and low interest loans for
environmental remediation. The program
was established using County Economic
Development Income Tax or CEDIT funds.
The Redevelopment Commission and the
CDC jointly administer the program.
Maximum grants or loans are $30,000. Broadway Galleries site. (Photo by CEO staff)
Status - The owners of Broadway Galleries received a Commission grant to investigate the
soil beneath a former gas station at 2515 Broadway. The environmental study revealed petroleum
products remaining and detennined the cost to remediate the site. The seller agreed to assume the
clean-up costs. Broadway Galleries purchased the building and invested approximately $15,000 for
interior and exterior renovations that included landscaping and parking lot improvements.
ECONOMIC DEVELOPMENT AREAS
Baer Field
Summary - the project involved the creation of a new Economic Development Area and Tax
Allocation Area.
Background - The Commission undertook a study of blight and growth cessation in the
southwestern part of Fort Wayne, partially as a result of the Industrial Site Analysis Study still
ongoing at the end of 1995. The area consists of about 1,000 acres, 750 of which were undeveloped
at the time. The study identified the area's most serious problem as being public infrastructure with
insufficient capacity to support either new development or expansion of existing businesses.
The Redevelopment Commission approved a Declaratory Resolution late in 1995 that created
the Economic Development Area. The Resolution also established a Tax Allocation Area to enable
the Commission to fund infrastructure upgrades with tax increment financing. ----0----
Page 30
Object Description
| Title | Annual report (1999) |
| Creator | Fort Wayne (Ind.). Community & Economic Development |
| Topic | Economic Development |
| Subject |
Fort Wayne (Ind.). Community & Economic Development--Periodicals City planning--Indiana--Fort Wayne--Periodicals |
| Geographical Coverage | Fort Wayne, Indiana |
| Date of Original | 1999 |
| Time Period | 1900-1999 |
| Source | Print version: Fort Wayne (Ind.). Division of Community & Economic Development. Annual report. 1999 ed. (Fort Wayne, Ind.: Community & Economic Development, 1999, 83 p. |
| Additional Availability | Print version might be available at IPFW Helmke Library. See online catalog. |
| Relation | Continues: Fort Wayne (Ind.). Division of Community Development & Planning. Community development & planning annual report. |
| Rights | Copyright Indiana University-Purdue University Fort Wayne, 2006- . All rights reserved. May not be reproduced without permission. For information regarding reproduction and use see: http://cdm16776.contentdm.oclc.org/cdm/about/collection/p16776coll1/ |
| Date Digitally Created | April 17 2012 |
| Digital Publisher | Walter E. Helmke Library, Indiana University-Purdue University Fort Wayne |
| Digitization Specifications | This pdf file was derived from black and white 400 dpi, 1-bit and grayscale 300 dpi, 8-bit uncompressed TIFF images that were scanned from the originals using a Fujitsu 5750C scanner with Adobe Acrobat 9.0 Professional scanning software. |
| Content Type | Text |
| Digital Format | text/pdf |
| Collection | Fort Wayne Area Government Information |
| Identifier | 30000122013620 |
| File Name | 30000122013620.pdf |
Description
| Title | Page 32 |
| Transcript | Division of Community and Economic Development 1999 Annual Report REDEVELOPMENT COMMISSION (Continued) BROWNFIELD PROJECTS Broadway Galleries Summary - The initiative involves the re-use of a former gas station site as an art gallery. Background - In 1999, the City announced its Brownfield Assistance Program to encourage private redevelopment of brownfield sites in the City. These sites are generally former industrial or commercial locations that are now under-utilized or abandoned. The program consists of grants for both Phase I and II environmental site assessments and low interest loans for environmental remediation. The program was established using County Economic Development Income Tax or CEDIT funds. The Redevelopment Commission and the CDC jointly administer the program. Maximum grants or loans are $30,000. Broadway Galleries site. (Photo by CEO staff) Status - The owners of Broadway Galleries received a Commission grant to investigate the soil beneath a former gas station at 2515 Broadway. The environmental study revealed petroleum products remaining and detennined the cost to remediate the site. The seller agreed to assume the clean-up costs. Broadway Galleries purchased the building and invested approximately $15,000 for interior and exterior renovations that included landscaping and parking lot improvements. ECONOMIC DEVELOPMENT AREAS Baer Field Summary - the project involved the creation of a new Economic Development Area and Tax Allocation Area. Background - The Commission undertook a study of blight and growth cessation in the southwestern part of Fort Wayne, partially as a result of the Industrial Site Analysis Study still ongoing at the end of 1995. The area consists of about 1,000 acres, 750 of which were undeveloped at the time. The study identified the area's most serious problem as being public infrastructure with insufficient capacity to support either new development or expansion of existing businesses. The Redevelopment Commission approved a Declaratory Resolution late in 1995 that created the Economic Development Area. The Resolution also established a Tax Allocation Area to enable the Commission to fund infrastructure upgrades with tax increment financing. ----0---- Page 30 |
