Evansville Board Approves $74M Hotel Project

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.

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