In 1945, Do it Best was founded in Fort Wayne, Indiana to serve lumber and building materials dealers in the surrounding tristate area, but all of its employees were nearly gone by 2009 after GE decommissioned its buildings. Today, the Electric Works project aims to keep the company in the city by investing $286 million in the restoration of the building product distributor's existing headquarters.
Do it Best is scheduled to move into its new 200,000-square-foot space of the 700,000-square-foot phase one project in October, Forbes reports. The reinvestment was made possible by the largest state redevelopment tax credit allocated in history for the Electric Works project, which has led to six consecutive years of positive domestic migration into the Great Lakes region.
“We wanted a space that was appealing to our current and future team members that supports our collaborative work environment,” [Dan] Starr said about the company’s search for the right location for its headquarters. “There weren’t a lot of options in Fort Wayne to accommodate what we wanted to achieve — until Electric Works. It fulfilled many of the requirements we set for a relocation.”
Starr sees the move to Electric Works as an opportunity to attract and retain top talent.
Purple Heart Recipient Honored With Mortgage-Free House
Retired Army Spc. Evan Marcy was recently granted a mortgage-free house in East Haven, Conn., from nonprofit Building Homes for Heroes
Affordable Housing Project Seeks to Upgrade Homes in Historic Richmond, Va., Community
Richmond's historic Blackwell community is in need of serious home upgrades, which most homeowners can't afford in the midst of an affordability crisis. Luckily, the Townes At River South project can help
Newly Renovated Homeless Shelter Opens in Corona, Calif.
The recently renovated Corona Harrison Shelter/Navigation Center will provide temporary housing and health resources to homeless individuals starting in June