Tax Credits for 420 Main Developers Applied For By Jay Zimmer Dec 23, 2020 6:50 AM A development group has put together and submitted applications for $18.4 million in Indiana Redevelopment Tax Credits to develop an entire city block which will become vacant with some demolition. Last month, developers trying to re-do the 18 story 420 Main building determined that its condition made renovating prohibitive. So the Downtown Evansville Development Corporation — bought the adjacent Sycamore Building. Both will come down to make way for a state-of-the-art building which will house dining, office, and residential spaces. The total investment will be about $67 million. '); } return false; }); $('#comments .commentlist .comment-content a').attr('target','_blank');