This week officials held a ceremony to celebrate the progress made on Electric Works’ latest development, The Elex, which represents the second phase of a multipart plan crafted by Electric Works leaders to create a vibrant campus that will feature hours worth of activities and amenities.
The mixed-use development will feature 296 apartments. 89 of those will be affordable housing units and 59 will be exclusively held for individuals aged 55 and above. With its opening, the Elex will add 9,000 sq ft of commercial space, as well as a parking facility with 1,143 spaces. According to the press release, leasing information, including floor plans and rents, will be available later this year.
Notably, the development also has plans for an early childhood learning center and a health and wellness center.
“Another important aspect of Phase Two is our commitment to childcare,” Kevan Biggs, founder and CEO of the Biggs Group says. “...Our early childhood learning education facility will offer 176 seats to meet a crucial community need, as our current program capacity in Allen County only satisfies 53 percent of the current demand.”
The name
is a tribute to the social, cultural and athletic association formed by a group of women employed by General Electric in 1916 and named The Elex.
“It is in honor of these remarkable women that we selected the name Elex to represent the second phase of Electric Works,” Biggs says. “At Electric Works, we are not just building apartments. We are deeply committed to cultivating an inclusive district of innovation, energy, and culture.”
The new addition sits north of the train tracks, nestled between Broadway and the Union Street Parking Garage on Lavina Street.
The Elex development is supported by partners such a Ancora, Weigand Construction, Biggs Group and MSquared, a women-owned real estate impact platform focused on creating mixed-income, mixed-use projects.
Andrea Robinson with the City of Fort Wayne Economic Development, Patty Hayes from the AWS Foundation, Heather Presley-Cowen from Club 720 and U.S. Senator Todd Young all gave remarks at the ceremony.
To date, almost 900 people work at the campus. Businesses on the campus report having created over 200 new jobs within the past two years. Leaders project that when phase two is complete, roughly 2,200 will work at Electric Works daily.
For more information on The Elex and Electric Works,
click here.
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