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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 and the county seat of Allen County, Indiana, United States. 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 as of the 2020 Censu ...
,
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, as well as the tallest reinforced concrete building in the state of
Indiana Indiana () is a U.S. state in the Midwestern United States. It is the 38th-largest by area and the 17th-most populous of the 50 States. Its capital and largest city is Indianapolis. Indiana was admitted to the United States as the 19th s ...
.One Summit Square
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The Indiana Michigan Power Center is a
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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. 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 Foellinger–Freimann Botanical Conservatory is an enclosed conservatory in downtown Fort Wayne, Indiana, United States. Opened in 1983, the conservatory contains a seasonal showcase garden, a tropical oasis display, with a waterfall, Sonoran ...
, 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 American Electric Power (AEP), (railcar reporting mark: AEPX) is a major investor-owned electric utility in the United States, delivering electricity to more than five million customers in 11 states. AEP ranks among the nation's largest gen ...
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. is an American multinational investment bank and financial services holding company headquartered in New York City and incorporated in Delaware. As of 2022, JPMorgan Chase is the largest bank in the United States, the ...
. 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 whereby a corporation, person, or other entity purchases the right to name a facility, object, location, program, or event, typically for a defined period of t ...
to the building in 2014. Another major tenant is SIRVA, having moved their sizable Fort Wayne operations from their longtime home on
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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 Chase or CHASE may refer to: Businesses * Chase Bank, a national bank based in New York City, New York * Chase Aircraft (1943–1954), a defunct American aircraft manufacturing company * Chase Coaches, a defunct bus operator in England * Chase Co ...
retail banking branch (with three ATMs) on the first floor. This branch was renovated in the fall of 2016; J.P. Morgan private banking offices were moved to an office in Indianapolis 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-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 Plaza Hotel on the city's north side.


See also

*
List of tallest buildings in Fort Wayne From 1930–1962, Fort Wayne, Indiana, was home to the tallest building in Indiana—the Lincoln Bank Tower. Today, the tallest building in the city is the 27-story Story or stories may refer to: Common uses * Story, a narrative (an account ...


References


External links


Profile on Emporis.com
{cbignore, bot=medic Skyscrapers in Fort Wayne, Indiana Roche-Dinkeloo buildings 1982 establishments in Indiana Skyscraper office buildings in Indiana Office buildings completed in 1982