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Tuesday, June 24 2008

Apartments coming to former furniture factory site
A new 70-unit apartment community is planned to be constructed on a 12-acre stretch of land that housed a former furniture factory. The property sits on the west side of Seventh Avenue and extends from just north of Keller Street to just north of Cedar Street. It overlooks the Pigeon Creek levee and the Pigeon Creek Greenway Passage route. This project is expected to cost $12 million to $15 million. The developer, Terry Keusch of Pioneer Development Services is hoping to break ground around July 1 of this year. We wish the developer all the best with this large project. Any new development in downtown Evansville will help to revitalize the downtown area. To read the full article in the Evansville Courier & Press, go to http://www.courierpress.com/news/2008/jun/20/20web-Furniture/.

Reviving a city's spirit
The task to revitalize downtown Evansville is not an easy one. There are many complex factors and obstacles to overcome. The progress due to its nature is slow and cumbersome. A lot of careful planning has to go into this and we are pleased with Major Jonathan Weinzapfel’s choice to hire Tom Barnett as the director of the Department of Metropolitan Development. Tom Barnett comes from Paducah, Kentucky where he was the co-founder of the Artist Relocation Program in Paducah. In a recent interview with the Courier & Press Barnett assessed the situation very well. "This is 50 and 60 and 70 years of neglect," he said. "And it's extremely difficult to try to turn that around." We wish Tom Barnett and Major Jonathan Weinzapfel continued success and thank them for their service to the city. To read the full article in the Evansville Courier & Press, go to
http://www.courierpress.com/news/2008/jun/22/revivinga-citysspirit/.

From the Inside INdiana Business website…
With all the talk about a recession it is nice to hear that a local company is expanding. Alcoa is investing $600 million to upgrade its equipment at their Warrick county plant. The upgrade includes equipment and employee training program to increase the environmental performance and power efficiency of the facility. Alcoa plans to hire power plant operators, coal handlers and maintenance personnel as part of the expansion. For the full story, go to http://www.insideindianabusiness.com/newsitem.asp?ID=30050&Image.x=27&Image.y=10.  

Posted by: Rolando Trentini AT 10:50 am   |  Permalink   |  0 Comments  |  Email
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The Trentini Team
F.C. Tucker EMGE REALTORS®
7820 Eagle Crest Bvd., Suite 200
Evansville, IN 47715
Office: (812) 479-0801
Cell: (812) 499-9234
Email: Rolando@RolandoTrentini.com


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