New phase soon underway for Memorial Villas project New phase soon underway for Memorial Villas project By William Putt | May 5, 2021 at 6:29 PM CDT - Updated May 5 at 6:29 PM EVANSVILLE, Ind. (WFIE) - Construction is just around the corner on a new phase of home development in Tepe Park. Officials say that Phase 7 of the Memorial Villas project will allow 10 families to build a home in the neighborhood. It’s part of the Memorial Community Development Corporation’s plan to build 50 new homes in Evansville. The first of those new houses is being built on South Bedford Avenue. Officials says construction for the house will take about three to four months to finish.