Indiana Michigan Power Center, previously known as One Summit Square and also as the Summit National Bank Building after one of its original tenants, is the tallest office building in
Fort Wayne, Indiana
Fort Wayne is a city in Allen County, Indiana, United States, and its county seat. Located in northeastern Indiana, the city is west of the Ohio border and south of the Michigan border. The city's population was 263,886 at the 2020 census ...
,
United States
The United States of America (USA), also known as the United States (U.S.) or America, is a country primarily located in North America. It is a federal republic of 50 U.S. state, states and a federal capital district, Washington, D.C. The 48 ...
, as well as the tallest
reinforced concrete
Reinforced concrete, also called ferroconcrete or ferro-concrete, is a composite material in which concrete's relatively low tensile strength and ductility are compensated for by the inclusion of reinforcement having higher tensile strength or ...
building in the state of
Indiana
Indiana ( ) is a U.S. state, state in the Midwestern United States, Midwestern region of the United States. It borders Lake Michigan to the northwest, Michigan to the north and northeast, Ohio to the east, the Ohio River and Kentucky to the s ...
.
[, Emporis.com]
The Indiana Michigan Power Center is a
Modern 27-story building which stands at 134.7 m (442 ft). Designed by
Kevin Roche John Dinkeloo and Associates, the building is unique in that it was built to give the illusion of two buildings, the adjoining tower housing the elevators.
History
The original plan called for a second 20-story office tower and a 9-story hotel that were never built.
These towers were part of a larger
superblock project in downtown Fort Wayne in the late 1970s. These projects also included the
Grand Wayne Center, the
Foellinger-Freimann Botanical Conservatory, the Hilton Fort Wayne, the Civic Center Parking Garage, and the renovation of the
Embassy Theatre. Although many projects of the superblock were completed, Two Summit Square and Three Summit Square were canceled due to the financial difficulties of People's Trust Bank. People’s Trust Bank was forced to merge with Indiana Bank to form Summit Bank, which grew to cover the Indianapolis and north central Indiana areas prior to a sale to
NBD Bank in 1992. The
recession of 1981-1982 and a change in contractors midway through the project that led to cost overruns resulted in the completion of only one tower instead of the initially planned three. A plaza with trees and landscaping now occupies the land on which the other towers were to have been built, and is home to food trucks, community events, and farmer's markets.
Originally, the tenants of One Summit Square were electricity provider
Indiana Michigan Power along with Summit Bank and its holding company Summcorp (the largest bank in Fort Wayne at the time). Through a succession of mergers, One Summit Square eventually became the Northeast Indiana market headquarters for
JPMorgan Chase
JPMorgan Chase & Co. (stylized as JPMorganChase) is an American multinational financial services, finance corporation headquartered in New York City and incorporated in Delaware. It is List of largest banks in the United States, the largest ba ...
. However, Indiana Michigan Power is the largest tenant, occupying most of the top half of the building. Indiana Michigan Power gained
naming rights
Naming rights are a financial transaction and form of advertising or memorialization where a corporation, person, or other entity purchases the right to name a facility, object, location, program, or event (most often sports venues), typical ...
to the building in 2014. Another major tenant is
SIRVA, having moved their sizable Fort Wayne operations from their longtime home on
US 30
U.S. Route 30 or U.S. Highway 30 (US 30) is an east–west main route of the United States Numbered Highway System, with the highway traveling across the Northern U.S. With a length of , it is the third-longest U.S. Highway, afte ...
in the fall of 2017. SIRVA occupies floors 5 through 11 of the building. In addition to local market and middle-market commercial banking offices on the first and second floors, JPMorgan Chase continues to maintain a
Chase retail banking branch (with three ATMs) on the first floor. This branch was renovated in the fall of 2016;
J.P. Morgan
JP may refer to:
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* ''Jp'' (magazine), an American Jeep magazine
* '' Jönköpings-Posten'', a Swedish newspaper
* Judas Priest, an English heavy metal band
* ''Jurassic Pa ...
private banking offices were moved to an office in
Indianapolis
Indianapolis ( ), colloquially known as Indy, is the List of capitals in the United States, capital and List of municipalities in Indiana, most populous city of the U.S. state of Indiana and the county seat of Marion County, Indiana, Marion ...
and six other Chase branches in the Fort Wayne area under the Chase Private Client offering. However, Chase Private Client was made available at this branch in 2020, tapping into the rise of the affluent locating downtown; the 2016 renovation allowed for this to be added.
Barnes & Thornburg was a tenant until the spring of 2016 when Ash Skyline Plaza opened. Indiana Michigan Power Center is also home to other companies besides Indiana Michigan Power, SIRVA, and JPMorgan Chase.
The partnership that owned One Summit Square was to have ended in 2016, which would have required the tenants to find new homes. However, Hanning & Bean Enterprises, Inc. (now NAI Hanning & Bean) along with Simon Dragan and Pat Bruggeman purchased the building from the partnership in 2014 for $12 million, pledging $5 million in renovations.
The new owners signed new long-term leases with both AEP and JPMorgan Chase. As a result of these changes, One Summit Square was renamed Indiana Michigan Power Center with added signage on the west and east facades of the building.
Until 2014, the thirteenth floor also housed the Window Garden Café, a
Sodexo
Sodexo (formerly Sodexho Alliance) is a French food services and facilities management company headquartered in the Paris suburb of Issy-les-Moulineaux. It has 522,000 employees as of 2023, operates in 55 countries and serves 100 million custome ...
-managed cafeteria. The cafeteria reopened under the management of new owner Ceruti’s Catering in 2018, and once again in 2019 as NOLA on 13. While not a partner in the cafe, NAI Hanning & Bean also owns restaurants at 1st Source Center downtown, near Northcrest Shopping Center, and two restaurants at the
Ramada
Ramada is a large American multinational hotel chain owned by Wyndham Hotels & Resorts. As of December 31, 2022, it operates 851 hotels with 120,344 rooms across 63 countries under the Ramada brand.
Name
The ''Ramada'' name derives from th ...
Plaza Hotel on the city's north side.
See also
*
List of tallest buildings in Fort Wayne
References
External links
Indiana Michigan Power
{{Authority control
Skyscrapers in Fort Wayne, Indiana
Roche-Dinkeloo buildings
1982 establishments in Indiana
Skyscraper office buildings in Indiana
Office buildings completed in 1982