Only One Proposal for a Fort Wayne Property Submitted On Time
FORT WAYNE, Ind. -- According to The News-Sentinel, the Minnesota-based company was the only one to turn in its proposal on time for Headwaters Junction, a property near Science Central in downtown Fort Wayne.
The proposal includes an event center, the complete restoration of the Nickel Plate Locomotive No. 765, and a train connection to the Fort Wayne Children's Zoo.
However, being the only proposal does not guarantee that Continental Property Group will get the property.
The city will still have to evaluate the proposal and choose whether or not to accept it.
At least three other groups had reportedly expressed interest in submitting proposals for the property in March.
The city bought the 29-acre site for $4.63 million last year.
(Photo by wellesenterprises/iStock/Getty.)