756 acres would fund infrastructure
The Journal Gazette|
Attempting to foresee future infrastructure needs for the rapidly developing area near the Parkview Regional Medical Center campus, the Allen County Redevelopment Commission set in motion Tuesday a plan for an economic development area there.
The new Dupont Diebold Economic Development Area in Perry Township would encompass 756 acres, about 384 of them undeveloped, said Elissa McGauley, redevelopment director.
The new economic development area, the county redevelopment commission’s 22nd, would be roughly from Dupont Road on the south, Interstate 69 on the west, along and north of Union Chapel Road on the north and just east of Diebold Road on the east. Diebold roughly bisects the economic development area.
Some property inside the economic development area west of Diebold and to the east, north and south of Parkview, but excluding the main hospital, would become an allocation area where taxes generated would fund infrastructure improvements.
McGauley said establishing an economic development area, broader than others established previously in Dupont Road area, is proactive.
“Most of our EDAs were responding to an infrastructure need. This is more of a planning device because we know there will be a need,” she said, citing “unprecedented development” in the area in the last decade.
She added the allocation area could be expanded in the future, depending on how development proceeds.
The economic development area already includes several Parkview medical buildings, the Mirro Center for Research and Innovation, the Manchester University Fort Wayne campus and pharmacy program building and Parkside, a 17-acre project anchored by an upscale Hilton/Hilton Garden Inn property with 10 outlots for commercial development.
The economic development area contains property assessed at $334.7 million, with the allocation area containing $15.5 million of that, according to a report prepared by the redevelopment staff.
Anticipated future needs noted in the report include improvements to North Diebold, Union Chapel and Dupont roads and Parkview Plaza, New Vision and Norarrow drives, as well as intersection and curb and gutter improvements.
Among other potential funding needs include linkage of regional trails, sidewalks, lighting, signage and sanitary and storm sewers and water systems.
The plan needs approval from the Allen County Plan Commission and the Allen County commissioners. It will also be subject to a public hearing prior to a final vote adopting it, redevelopment commissioners were told.
They voted unanimously to approve the report.
More than 35,000 people now live within three miles of the economic development area – a 32 percent growth rate since 2000, according to the report.
More than 6,250 people are employed at the Parkview campus, which has more than 9,000 patients, visitors and staff on-site daily, the report says.