FortWayne.com
 
  Text size  Increase text sizeDecrease text size      
Last updated: Fri. Dec. 07, 2012 - 11:39 am EDT

New Renaissance Pointe homes are all rented

FORT WAYNE – City officials, neighbors, agency partners and builders on celebrated the lease of the final home in the Renaissance Pointe rent-to-own project.

Biggs TC Development began construction on 66 new homes in the neighborhood once known as Hanna-Creighton just over a year ago. Friday, they cut the ribbon on the last one and announced every home had been rented.

The $11 million project initially sparked controversy as neighbors feared the idea of rental homes going into an area proposed as a rebuilt, reinvigorated neighborhood. But renters are carefully screened as future homeowners, and neighbors now say they’ve embraced the project.

City officials are looking forward to two more major projects in the area, but each are dependent upon state tax credits that won’t be announced until February.

For more on this story see Saturday’s print edition of The Journal Gazette or return to www.journalgazette.net after 3 a.m. Saturday.

dstockman@jg.net


Saturday
Saturday
High 32 °F
Low 25 °F
32 °F
Overcast with Haze
Sponsored by Masters Heating & Cooling, Inc.
LOCAL BUSINESS SEARCH
Local Search
STOCK SUMMARY
Dow 17804.8026.65
Nasdaq 4765.38
S&P 500 2070.65+9.42
AEP 59.89-0.09
Comcast 57.17+0.88
GE 25.62+0.48
ITT Exelis 17.45+0.01
LNC 58.42+0.86
Navistar 32.87+0.66
Raytheon 106.82+0.81
SDI 19.76+0.22
Verizon 47.02-0.03
  Stock Sponsor