Fort Wayne: Lofts at Headwaters Park

Started by NextDoorNeighbor, Nov 30, 2023, 09:07 PM

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The Lofts at Headwaters Park receives TIF funding

The Fort Wayne Redevelopment Commission approved the use of $1.6 million in Tax Increment Financing (TIF) funds for the Lofts at Headwaters Park project Tuesday.

The funds will be given over a period of three years.

The mixed-used development was originally planned to cost $67 million. That estimate came in 2020, but officials with the development said inflation is pushing the price to nearly $100 million now.

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