Evansville's Big Plans Coming to Life

Posted: Updated:
EVANSVILLE -

The director of the Downtown Alliance in Evansville says the next five-to-seven years will be a "building boom" in the city. Joshua Armstrong says there is $250 million in active construction happening, including the ongoing Indiana University School of Medicine project, the $61 million DoubleTree by Hilton and more than 140 housing units. He says the city also has big plans for the former Old National Bank Building, now known as The 420 Building, including luxury condos, commercial space and retail.

Armstrong says housing remains a major focus of downtown development. The city's five-to-seven year plan includes 500 additional units of housing. He says the occupancy rate for apartments in downtown Evansville is 99 percent, meaning more options will be needed as new students come to the area. Crews broke ground in 2015 on the medical school campus, which will also include University of Southern Indiana, University of Evansville and Ivy Tech Community College programs.

Mayor Lloyd Winnecke says the recently-opened Double Tree Hilton hotel puts the city back in the convention business. It is connected by a sky bridge to the Ford Center and Old National Events Plaza and is located next to the med school campus. He says that, along with the planned $25 million to renovate The 420 Building, will allow people to see the city "through a different lens."

Armstrong says the move of the Tropicana Casino to the Ohio River shore is a major boon for the city. The $50 million project will include new gaming space, dining and entertainment offerings. It is expected to open in December. The Indiana Gaming Commission approved plans last year for the Tropicana to become the state's first land-based casino. The city of Evansville has approved $20 million in lease rent credits that will keep the attraction in Vanderburgh County through at least 2055.

  • Perspectives

    • Why Blogging Without Rules Produces the Best Content

      I spend a lot of time talking with people about what makes writing good. Depending on who you ask, good writing might be exciting and illustrative. It might be simple and efficient. If you ask someone who works in marketing, good writing translates to whatever helps a marketing strategy generate more leads, or more sales, or more of whatever a business is looking to gain. Though I fully respect and agree with this results-oriented perspective on content, in practice it can be...

    More

Events



  • Most Popular Stories

    • The Honda Greensburg plant opened in 2008.

      Honda to Invest $4M, Add Jobs at Greensburg Plant

      The American Honda Motor Co. continues to invest in its Greensburg, Indiana plant as it has announced the factory will be producing the company’s first electrified sport utility vehicle in the U.S. The company says it will invest more than $4 million and add 34 new jobs in the plant to support production of the CR-V Hybrid.  

    • (photo courtesy of The Times of Northwest Indiana)

      Valpo Mansion May Fall to Wrecking Ball

      A one-time mansion that once hosted dignitaries and politicians while they visited Valparaiso appears to be facing demolition, following years of decline and disrepair.  The stately mansion, known locally as the Brown home, maybe knocked down and replaced with condominiums, according to our partners at The Times of Northwest Indiana. 

    • Socio received the Top-Rated Overall Culture award. (Provided Photo/Socio)

      Inaugural Tech Culture Award Winners Unveiled

      Indianapolis-based Powderkeg has unveiled the winners of the inaugural Indiana Breakout Tech Culture Awards. Eleven Hoosier tech companies received the honors based on survey rankings from the 2019 Tech Census, which focused specifically on tech cultures. Nearly 270 tech companies were nominated and the winners were selected from a group of 50 finalists. More than 1,300 individuals responded to the survey, which allowed employees to rate their companies and employers on...

    • Photo courtesy of Purdue University

      Purdue Offers 'Stranger Things' Replica Tee

      Purdue University has partnered with trademark licensing agent CLC to produce a special-edition replica Purdue shirt that appeared on an episode of Netflix’s “Stranger Things 3.”  The university also teamed up with Venley to accurately replicate the shirt, which will be available at retailers on the West Lafayette campus and online later this month.

    • Alexa Deaton and Colby Shank

      Higher Ed Commission Promotes Two

      The Indiana Commission for Higher Education has promoted Alexa Deaton to associate commissioner and Chief Financial Officer. She previously served as director of accounting. Also, Colby Shank has been promoted to associate commissioner for student financial aid, a new position for the organization. He most recently served as assistant commissioner for financial and student support services.