This illustration shows Skyline Tower, a $40 million apartment building that South Bend-based Great Lakes Capital is planning to develop in downtown Fort Wayne. Image provided
FORT WAYNE -- Great Lakes Capital, a South Bend-based private-equity firm, announced Wednesday that it will develop a $40 million apartment building in downtown Fort Wayne.
The 12-story building, which will be known as Skyline Tower, will include 124 apartments as well as 30,000 square feet of retail and office space.
Brad Toothaker, a principal at Great Lakes and Bradley Co., a South Bend-based commercial real estate firm, said the two companies will collaborate to build and manage Skyline Tower for the long term. Both companies also have committed to relocating their Fort Wayne regional offices into Skyline Tower.
Construction is scheduled to begin in late summer or early fall of this year, with completion expected in late 2017 or early 2018.
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