New Developments Proposed in Downtown Evansville

Two new proposed buildings that would include apartments, office space, underground parking, and a rooftop deck, would replace the current 420 Main Street building and The Sycamore Building.

Posted: Nov 17, 2020 10:33 AM
Updated: Nov 17, 2020 1:37 PM

Domo Development Company LLC and the Downtown Evansville Development Corporation (DEDC) presented an update on the redevelopment of the block at 5th & Main to the Evansville Redevelopment Commission on Tuesday, Nov. 17.

The pictured renderings show the planned developments of two new buildings that are in the works for the area, where both the 420 Main Street building and The Sycamore Building currently stand.

The two projects will feature ground floor park-oriented commercial space for restaurant and small-scale food businesses, along with additional commercial space facing Sycamore.

The two new buildings will contain:

  • 126 apartments
  • Approximately 48,000 sq. ft. office space
  • Approximately 50,000 sq. ft. ground floor space
  • 113 underground parking spaces with the remaining parking served by the City parking garage at 5th & Sycamore
  • A rooftop deck on the six-story building at the corner of 5th & Main

A redeveloped park will be located to the south of the building at 5th & Main. Large doorways and windows will provide a high degree of connection from the park and sidewalks to the ground-floor restaurants creating unique indoor-outdoor dining experiences.

While no demolition/construction timelines are currently available for the project, Candace Chapman with DEDC said that implosion was being considered as a method of demolishing the 420 Main Street building and The Sycamore Building.

Download the 44News mobile app on the Google Play Store or in the Apple App Store to stay up to date on the latest in breaking news, sports, traffic alerts, and more

72° wxIcon
Hi: 81° Lo: 70°
Feels Like: 72°
73° wxIcon
Hi: 82° Lo: 71°
Feels Like: 73°
68° wxIcon
Hi: 77° Lo: 68°
Feels Like: 68°
Mostly Cloudy
69° wxIcon
Hi: 83° Lo: 65°
Feels Like: 69°
67° wxIcon
Hi: 79° Lo: 70°
Feels Like: 67°
The cold front has come and gone and with it our threat for Severe Weather. However, scattered showers and thunderstorms will continue to affect portions of the Tri-State through the remainder of the evening ahead. In fact, there is a possibility that some of the thunderstorms we see between now and 9PM or so could produce small hail and wind gusts in excess of 40 mph. Anyone planning on attending a football game this evening should make sure an umbrella or poncho is on hand to keep you dry and should anticipate at least some rain delays to occur. The rain should finally exit east of the Tri-State between 10PM and 12AM; it's around that time that wind speeds will again pick up some steam - our northwesterly winds are expected to gust as high as 35 mph at times overnight.
WEVV 4K Doppler Radar
WEVV 7-Day Forecast
WEVV Watches & Warnings

Community Events