Deal gives historic Baltes building a new owner and Fort Wayne Parks department land it wants for downtown … – News Sentinel
The historic Baltes building has a new owner and will likely be transferring to a new house, and the Fort Wayne Parks and Recreation Department has land it wished on the north financial institution of the St. Marys River for downtown riverfront growth.
The parks department’s board of park commissioners authorized each transactions throughout their assembly Thursday afternoon at Foellinger-Freimann Botanical Conservatory.
Corridor’s Eating places purchased the Baltes building and should transfer it by Jan. 31 from its present location at 312 S. Harrison St., mentioned Steve McDaniel, parks department deputy director of asset administration. The building stands in land being developed for town’s Promenade Park alongside the south financial institution of the St. Marys River, between the Historic Wells Avenue Bridge and Harrison Avenue.
Corridor’s had expressed curiosity a few months in the past in shopping for and transferring the Baltes building, a pink brick construction courting to about 1895. The building, which most not too long ago was a part of the Cambray Associates complicated, was scheduled for demolition this fall to make method for development of Promenade Park.
After Corridor’s Eating places’ inquiry about shopping for and transferring the Baltes building, the park board agreed to let the parks department negotiate a potential sale of the building, which officers initially thought could possibly be accomplished by this fall.
These negotiations weren’t settled till not too long ago, nonetheless, main development crews to work across the Baltes building on the Promenade Park web site. Prior to now few weeks, nonetheless, employees took down the fashionable building additions that had been constructed on both sides of the Baltes building.
Within the meantime, the parks department realized the Corridor household owned land containing the Fort Wayne Outfitters and Bike Depot enterprise on Cass Avenue on the north aspect of the St. Marys River. The property included the land between the building and the St. Marys River.
The parks department wants the land alongside the riverbank for riverfront growth on the north aspect of the river throughout from Promenade Park.
After getting the required two value determinations earlier than a authorities entity can promote or buy a piece of property, the 2 events agreed Corridor’s pays $2,570 and promote the north river financial institution property, which had a median appraised worth of $19,280, to the parks department in return for the Baltes building, which had a median appraisal worth of $21,850.
In different riverfront growth information:
• McDaniel mentioned the parks department hopes by center to late January to obtain allow approval from the U.S. Military Corps of Engineers to do development work within the St. Marys River on the riverfront park web site.
Plans name for development of concrete docks on each the south and north banks of the St. Marys River at Promenade Park, he mentioned.
• Building is underway on the Fort Wayne Park Basis Pavilion in Promenade Park. Masonry partitions are taking form now, and structural metal set up ought to start in early January, McDaniel mentioned.
• The parks department hopes by late January to launch requests for proposals for design work for Phases II and III of downtown riverfront growth, mentioned Mark Becker, deputy director of riverfront. The long run phases will prolong riverfront growth west so far as the Van Buren Avenue bridge over the St. Marys River.