updated: 2/26/2014 7:07:50 AM

Evansville Sets Date For Downtown Hotel Groundbreaking

InsideINdianaBusiness.com Report

Groundbreaking for a $71 million economic development project in downtown Evansville is set for March 10. Evansville Mayor Lloyd Winnecke says it's another important milestone for the 257-room Convention Center Hotel by DoubleTree and residential apartment project.

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The hotel is expected to be open in fall 2015.

February 25, 2014

News Release

EVANSVILLE, Ind. - HCW Evansville Development, Inc. ("HCWE"), an Indiana corporation
headquartered in Branson, Missouri, and the City of Evansville announced today that March 10, at 3:00 p.m., has been selected as the official groundbreaking date for the much anticipated $71.3 million Convention Center Hotel by DoubleTree and residential apartments in Downtown Evansville.

"After a frigid winter resulting in sub-zero temperatures and significant snow fall, HCWE and City officials are excited to break ground and move the project forward," said Rick Huffman, President of HCWE.

Evansville Mayor Lloyd Winnecke stated, "The groundbreaking is yet another important milestone for this project and our local workforce is eager to begin construction. The 257 room hotel will put our city back on the map for convention business, as well as spur additional downtown development. HCW has been a great partner throughout this process and we look forward to opening the doors in the Fall of 2015."

The company has obtained agreeable financial commitments that pave the way for financing the Hotel and Convention Center asset. Design drawings have been approved by the City, and the architects and civil engineers are in the process of completing construction drawings, which will be submitted to the state in order to secure building permits.

“We are anxious to complete the final construction documents and go out for hard bids,” Huffman said. “In the meantime, we are moving forward with site preparation and civil plans necessary to insure the construction logistics of the development and structural integrity of the buildings.”

HCW, LLC is a nationwide development company with offices in Wichita, KS, Branson, MO, and Phoenix, AZ. HCW, LLC is widely known for its unique ability to assess the needs and wishes of a community and bring esthetically appropriate development that blends with the best features of each community.

Source: City of Evansville, HCW Evansville Development, Inc.

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