Mayor Graham Richard joined Rea Magnet Wire executives and representatives from the City today in dedicating a new city park. Adjacent to McCormick Park at Holly and 2300 Raymond Dr., Rea Park will serve the citizens who live and work in southeast Fort Wayne.
"The development of Rea Park is another step toward revitalization of the Southeast Industrial Corridor of the City," said Mayor Richard. "Collaboration by the City's Planning Department, Parks and Recreation Department, and Rea Magnet Wire created more desirable land use along Pontiac, and will help to promote business retention."
Rea Magnet Wire executives recognized an opportunity to create a beautiful green space, in conjunction with the City's plans. The company donated several unused blocks of land near its facility, and the Vann Family Foundation sponsored the transformation of these deserted blocks into a 5.5 acre park. "Rea Park is a place where Rea Magnet Wire employees and area residents can picnic, walk the paths, or simply enjoy being outside," said Jim Vann, Chairman of the Board for Rea Magnet Wire. "Rea Magnet Wire has been a good neighbor since 1933, and this is our way to thank past, current and future employees and residents."
The dedication of Rea Park coincides with the construction of roadway and beautification improvements at the Pontiac Street and Wayne Trace intersections. The changes will help traffic flow more smoothly and are expected to be completed by November.
"With the cooperation of Rea Magnet Wire, we are creating an urban design along Pontiac Street that results in harmony between business and residential needs," said Mayor Richard.
Founded in 1933, Rea Magnet Wire Company, Inc. is celebrating its 70th anniversary of producing magnet wire, used in electric motors and generators. Rea‚s corporate headquarters and a manufacturing facility are located in Fort Wayne. Additional manufacturing facilities are located in New Mexico, Connecticut, Virginia, Arkansas, China and Lafayette, Indiana.
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Source: Creative Fort Wayne Listserv