Fort Wayne Economic Development
Councilman Jason Arp describes the menagerie of economic development entities in Fort Wayne
Fort Wayne Art Commission
Jason Arp discusses the recent vote on the creation of the Fort Wayne Public Art Commission
Imbalanced investment
Many residents of Fort Wayne have some sort of family tie to the old GE factory on Broadway. My wife’s grandfather worked there most of his adult life, going back to when the family lived on Indiana Avenue just south of Rudisill Boulevard. The facility’s size is impressive; more than one million square feet of developable space. It has loomed […]
Similarities in Foreclosed NC Deal and Fort Wayne’s ‘Electric Works’
In 2003, Capitol Broadcasting in concert with the city of Durham, North Carolina, put forth an effort to reinvigorate downtown Durham by redeveloping the American Tobacco Company properties there into apartments, retail space and offices. The project, costing far more than its real market value, reportedly ended in bankruptcy. Now we learn there are troubling similarities with a project proposed […]
Simple Real Estate Valuation Tutorial
Councilman Jason Arp goes through some of the details of a simple Real Estate valuation for a public private partnership in the city of Fort Wayne, Indiana.
Fort Wayne Councilman Jason Arp & the Electric Works
Fort Wayne City Councilman takes an in depth look at the proposed financing of the Electric Works project.
Similarities in Foreclosed NC Deal and Fort Wayne’s ‘Electric Works’
This was distributed by Indiana Policy Review March 15, 2018 by Jason Arp In 2003, Capitol Broadcasting in concert with the city of Durham, North Carolina, put forth an effort to reinvigorate downtown Durham by redeveloping the American Tobacco Company properties there into apartments, retail space and offices. The project, costing far more than its real market value, reportedly ended […]
The Landing & Riverfront Fort Wayne
City Councilman Jason Arp describes the financing of the Landing project in downtown Fort Wayne. The Landing is a mixed use commercial and residential real estate project in close proximity to the riverfront. The project will use $34 million of public finance to construct and rehab a collection of buildings with a market value of $11 million when its all […]
Business Personal Property Tax
Discussion of the basics of taxation of business equipment.
Electric Works
Here I discuss the financing of the Electric Works project. The Fort Wayne City Council passed a resolution supporting local government funding for this private commercial real estate development by a vote of 7-2. The total project is expected to cost $440 million in total, with $100 million expected from the City of Fort Wayne. I voted no along with […]