Redevelopment of the tallest building in downtown Evansville appears to be stymied by the coronavirus pandemic. In a report filed by the Courier & Press, the $30 million Fifth & Main project is in some flux.
The publication says a plan to redevelop the mostly empty 18-story tower was announced in September.
It includes ground-level retail spots, with apartments and offices on the upper floors.
Domo Development Co. remains committed to the tower’s restoration, according to founding partner Eric Doden. But he says it seems unlikely construction will start this spring.
“We’re in the process of doing final drawings, construction drawings,” Doden told the publication. “But it’s hard to know how far they have been able to progress, given what’s happening with people working remotely. It’s unclear to us what kind of delay in the process this creates. I think all of us in business are trying to find the path forward.”
The tower is 50 years old. Old National Bank moved out in 2004.
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