The Kunkel Group is well-known for its projects with the city and it is ready to begin the next phase for the massive manufacturing plant.
City leaders say there isn't a more attractive place for companies looking to share more than a million square feet of manufacturing space, than inside one of Evansville's most infamous landmarks.
"It is 70 years old, so it has it's limitations, but its really the only facility in the Evansville area with that type of space," mayor Jonathan Weinzpfel said. Mayor Weinzapfel says with the deal done, the real work begins.
He says the city will work on tax abatements or other incentives to draw companies here.
"We can really roll up our sleeves and make sure we are attracting businesses and investment right into that facility," Weinzapfel said.
The Growth Alliance For Greater Evansville's president Debbie Dewey was part of the team who helped finalize the sale.
"There were a lot of details to work out when you have something that's been there that long, it's not going to be something that happens overnight, but we are excited that it's final," Dewey said.
And now that this sale is final-- the building's manufacturing days are likely not over.
Dewey says companies are looking very seriously at the space, but it's too early to speculate exactly what companies those might be, or approximately how many jobs it create