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Downtown Evansville submits tax credit applications for $18.4M to redevelop vacant block on Main St.


Downtown Evansville submits tax credit applications for $18.4M to redevelop vacant block on Main St.
By 14 News Staff | December 22, 2020 at 10:09 AM CST - Updated December 22 at 10:09 AM
EVANSVILLE, Ind. (WFIE) - A group of partners with the Downtown Evansville Development Corporation submitted applications for $18.4 million in Indiana Redevelopment Tax Credits to help redevelop a vacant, full city block on Main Street.
Back in November, it was announced that Evansville’s tallest building, 420 Main, would be demolished in 2021 after the developer realized the condition of the building was going to be a bigger issue than originally thought.
Due to this problem, the developer switched gears by purchasing the vacant Sycamore building that sits on the same block. That building will also be demolished to make room for the redevelopment of that entire city block. ....

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