Tallest Building In Evansville To Undergo Massive Renovations

The tallest building in the Tri-State, an icon for the Evansville skyline, may soon undergo a $25 million dollar, massive renovation. 

The announcement comes at Evansville's annual State of Real Estate meeting. F.C. Tucker says the former Old National Bank tower could have a new name and purpose. 

F.C. Tucker realtor Ken Newcomb says, "Since the Old National left you know 10 or some years ago it's been operating as an ongoing office building."

After two decades of standing dormant it appears the future for 420 Main is about to drastically change.

"Been very excited to get this project out to the public and it's been very well received so far," Newcomb says.

F.C. Tucker announced the iconic building towering over Evansville's skyline for 50 years could soon be called City Tower at 420 Main. 

F.C. Tucker realtor Harris Howerton says,"Oh it's fantastic 420 Main street that's a flagship building for sure."

"The only reason we're doing this is because of all the other projects downtown," Newcomb says. 

Momentum and revitalization of downtown driving change, a theme of the night. 

"Our downtown is in a growth period that downtown hasn't seen since downtown was built," Newcomb says. 

F.C. Tucker says City Tower LLC started the project more than a year ago with Skanska completing mechanical, structural, and electrical assessments. 

The proposal calls for the 18 story tower to transform into a mix use development over the next two years. From retail space, to offices on floors 7-11. Floors 12 up to the top will become luxury condos, with a restaurant in the mix. And that's just inside. 

"The entire building will be sprinkled and all of the issues have been resolved over the last year," Newcomb says. 

F.C. Tucker says the project calls for massive renovations inside and out including completely encasing the exterior in glass. 

With all the renovations, the old could soon be made modern. 

"I think the condo projects, the bringing new life to the building new life to downtown as going on with all the other projects that's the exciting part," Newcomb says. 

Right now City Tower LLC is under contract to purchase the building but still needs to close on the deal. 

F.C. Tucker said tonight, in 2017 it will focus on stabilizing the building and the major construction could begin in 2018. 


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