Evansville Board Approves $74M Hotel Project

By: Associated Press
By: Associated Press

EVANSVILLE, Ind. (AP) — Evansville's redevelopment commission has given its final approval to a $74 million hotel that would be built adjacent to the southwestern Indiana city's convention center.

Mayor Lloyd Winnecke says Thursday night's 4-0 vote by the Evansville Redevelopment Commission was a crucial step for the hotel development plan.

But the Evansville city council now must decide whether to approve funding for the $74 million project that would include $37.5 million in public financing.

The Evansville Courier & Press reports Branson, Mo.-based developer HCW plans to build a Hilton Doubletree with about 250 rooms and a 6,000-square-foot ballroom.

HCW's investment in the hotel is expected to be nearly $24 million. The company also will build and operate an apartment complex with about 80 units.

(Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)

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