Construction begins on The Landing Exchange, an apartment and commercial development in downtown Fort Wayne

FORT WAYNE, Ind. (WANE) Even more housing is coming to downtown Fort Wayne, this time in the form of apartments.

A groundbreaking ceremony took place Thursday afternoon for The Landing Exchange, located at the northeast corner of Columbia Street and Harrison where a parking lot is currently located. The new development is the third phase of the Landing Historic District revitalization along West Columbia Street from Calhoun to Harrison streets. Previous phases included the historic rehabilitation of seven buildings and the construction of one new building.

When complete, The Landing Exchange will include 40 mixed-income apartments and a total of 5,000 square feet of commercial space on the ground level.

According to a news release issued following the groundbreaking, eight of the apartments will be workforce housing (renting to individuals or families with 60 to 80 percent of the area median income) and 32 will be market rate. There will be 20 studios, 10 one-bedroom and 10 two-bedroom apartments. Construction is expected to be completed in late 2027…

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