News

Fort Wayne’s Latest Shell Building

Fort Wayne's latest shell building demonstrates keys to success for speculative industrial real estate. The 150,000 sq. ft. building is well under construction with substantial completion before the end of 2019. With an adjacent 25 acres available, the building has endless possibilities for expansion. The developer's partnership with the City of Fort Wayne means all utilities, stormwater and permitting are accounted for and the initial incentives will be transferred to a tenant.

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Global Automotive Parts Supplier Expanding in Muncie-Delaware County

Magna Powertrain to add $9.3 million in new equipment and 50 new jobs to its Muncie operation.

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City Launches New Class for Entrepreneurs with Help from I&M

The City of Fort Wayne's Summit City Entrepreneur and Enterprise District (SEED) launched its "Build Institute" to provide guidance and resources to area residents wanting to start small businesses. The SEED was awarded an Economic Impact Grant from I&M to support the program.

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Accutech Systems Expanding its Headquarters to Downtown Muncie

Accutech Systems, a leading software company for the trust and investment industry, announced plans to invest more than $5.5 million to purchase and redevelop a 40,000 SF building in downtown Muncie. Accutech currently employs 53 people and is part of the booming tech industry in Indiana.

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Cornerstone Alliance Seeks Developer for Spec Building Construction

Low building inventory in Berrien County is driving the need for a 30,000 - 40,000 square foot industrial building.

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New Verisite Certified Site in Yorktown, Indiana

Critical speed to market due diligence performed on 72.55 acre site known as the McKibben Site in Yorktown, Indiana preparing it for industrial development. Site characteristics were evaluated by civil engineering firm The Veridus Group and the national site selection team at Ginovus Consulting.

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I&M Economic Impact Grants Support Communities in Indiana, Michigan

I&M established an Economic Impact Grant program in 2018 to support catalytic economic development projects in communities within the I&M service territory.

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Cressy to Redevelop Iconic Benton Harbor Building; Continues Revitalization Efforts in Downtown and Arts District

Cressy Commercial Real Estate will redevelop an iconic building at the corner of Pipestone and Main Streets in Benton Harbor into apartment and commercial spaces.

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Cornerstone Alliance, I&M Create Small Business Facade Grant Program in Benton Harbor, St. Joseph

Cornerstone Alliance launched a new facade grant program to help extend the useful life of buildings in key commercial districts. Improving the outward appearance of buildings will drive additional reinvestment in these emerging areas.

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Northeast Indiana Unveils Brand for Talent Attraction

The Northeast Indiana Regional Partnership, with the support of regional businesses including Indiana Michigan Power, launched a regional branding initiative in mid-2018 to develop a consistent message about Fort Wayne and surrounding areas. The region has set a goal of growing its population to 1 Million people by 2030.

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