Ash project construction is underway

FORT WAYNE Construction on the $98 million Skyline project has officially begun.

Officials from Ash Brokerage, developer Hanning & Bean and numerous city government entities held a groundbreaking Thursday to kick off work for a massive commercial, retail and residential project that will cover most of a city block between Wayne and Berry, Harrison and Webster streets downtown.

Ash Brokerage is planning an eight-story, 95,000-square-foot, $29 million headquarters on the site. The company will move its 200 employees to the new building and add 115 more.

Also in the project is a $30 million, 17-story residential tower of 100 townhomes, apartments and condos by Hanning & Bean Enterprises. Both projects will sit on top of a city-owned 1,200-space parking garage, which will be surrounded by street-level retail.

The Ash Brokerage office tower will be known as Ash Skyline Plaza, while the residential tower will be called Skyline Terrace.

Surrounded by a bulldozer, excavators and a crane armed with a wrecking ball, officials donned hard hats and turned ceremonial shovels of dirt to celebrate the start of construction.

Once again, its a great day in the city of Fort Wayne, Mayor Tom Henry said, beaming. I cant even put into words how much I appreciate all you have done.

Tim Ash, president and CEO of Ash Brokerage, said its hard to believe the project is really happening.

Its not about Ash Brokerage, its about our city. We hope others are inspired to want to do more, Ash said.

Were going to make this community proud.

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Ash project construction is underway