updated: 11/8/2012 12:44:14 PM

High-End Apartments Come to Evansville

InsideINdianaBusiness.com Report

The Evansville-based Kunkel Group Inc. is introducing its $10 million high-end apartment complex in the Vanderburgh County city. Market Street Living features up to 75 apartments primarily targeted at those 55 and older.

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November 8, 2012

News Release

Evansville, Ind. -- The Kunkel Group is proud to introduce, “Market Street Living,“ a senior living community located in downtown Evansville. The grand opening will be celebrated with a ribbon cutting event open to the public on Thursday, November 8th at 1:00pm. A public open house will be held on Friday, November 9th from 11:00am- 2:00pm.

The Kunkel Group, Inc., an Evansville based development company, has completed a $10.2M renovation of the former Liederkranz Maennerchor building at 304 Market Street that includes 40,000SF of new construction and now stands proudly at the corner of Court and Third Street. At capacity, Market Street Living will have between 60-75 apartments and will add 20-30 full and part time jobs to the community.

Market Street Living, the newest senior living facility in downtown Evansville is a concrete response to the high demand for residential living downtown. Market Street Living offers studios, one bedroom and two bedroom apartments. The apartments boast unmatched finishes, elegant dining with a seasonally inspired freshly prepared menu, and a level of service and community that will prove to be the finest in the Evansville market. The Market Street Living family embraces our unique downtown location and looks forward to residents having the opportunity to explore everything downtown Evansville has to offer with our residents.

Ben Kunkel, President said, “Many seniors have fond memories of downtown Evansville as the heart of retail and entertainment from their childhood. Market Street Living is excited to offer them the opportunity to return to those memories and experience them again as a part of the Market Street Living community. The riverfront, seasonal Farmers Markets, Ford Center, Victory Theater, and numerous eateries are all within walking distance.

“Quality housing is one of the keys to a successful downtown, which is why I am pleased to welcome Market Street Living to Downtown Evansville,” said Mayor Lloyd Winnecke. “I congratulate The Kunkel Group on converting a long-vacant building into apartments offering fine amenities for senior residents while creating dozens of new jobs for our community.”

About The Kunkel Group, Inc.

Founded in 2004, The Kunkel Group, Inc., is the only architect-led design-build firm in the Tri-State. Benjamin J. Kunkel, is the owner and president of The Kunkel Group and is a registered architect and licensed contractor in the state of Indiana. The Kunkel Group, Inc., is quite diverse in its business endeavors. These business activities include architectural services, general contracting, public works projects, and development. At any given time, the company employees up to 65 individuals, including project managers, site superintendents, draftsmen, electricians, carpenters, painters, and laborers. The Kunkel Group team has completed large commercial development projects of over 600,000 square feet, with tenants including Berry Plastics (the largest plastics manufacturing company in the country), mid-rise condominium, office, and retail developments in historic downtown Evansville, a juvenile detention facility and public park projects. Since 2007, The Kunkel Group has invested $50 million in projects located in the Evansville community.

Source: The Kunkel Group Inc.

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