New life for an historic Evansville building. A state preservation organization agrees to buy the Owen Block, a run down row house in downtown Evansville.
Indiana Landmarks, the same group in charge of restoring the Old Greyhound Bus Station, wants to close on Owen Block next week. The plan is to turn the dilapidated structure into apartments.
Indiana Landmarks President Marsh Davis says this has been a challenging project, and his own engineers told him not to do it. But davis said the people of Evansville have spoken, saying this building is too important.
“It’s a great project for the city,” said Davis, “because you’ll have 15 market rate, not low income units, but market rate housing units the property back on the tax roll, And you’ve saved a great corner of this most important historic district.”
The amount needed for the renovation is $440,000. So far, davis says about $330,000 have been raised.