Tuesday, November 18 2008
The Evansville City Council has authorized a nine-year tax abatement for the $11 million redevelopment of a downtown property. Our partners at the Evansville Courier & Press report City Centre Properties has agreed to hire at least five employees in exchange for the abatement. The developer is seeking to build luxury apartments in the McCurdy building, which opened as a hotel in 1917. To read the full article, go to http://www.courierpress.com/news/2008/nov/17/city-council-votes-to-abate-taxes-on-mccurdy-for/.