Evansville's Hotel McCurdy slated for rehab
A development team plans to transform the former Hotel McCurdy into luxury apartments.
In 1917, the Hotel McCurdy rose as a symbol of elegance and luxury in Evansville, offering romantic views of the Ohio River and a rich interior décor featuring pink Tennessee marble on the floors and walls. For decades, the McCurdy was one of the most popular hotels in southern Indiana. Its fortunes turned in the 1960s, and the hotel closed in 1969 – reopening a year later as a residential facility and retirement home. However, new plans to develop the McCurdy as luxury apartments are on track to return the National Register-listed hotel to its symbolic status.
In 2008, City Centre Properties LLC purchased the eight-story hotel. The group is assembling financing for the estimated $11.2 million project. The City of Evansville is assisting with more than $800,000 in grants and purchase of parking lot adjacent to the building. The city council granted a tax abatement which will lower property taxes on the renovated building for about 10 years.
To learn more about plans for the McCurdy, contact Stewart Sebree in our Southwest Field Office, 812-423-2988 or email@example.com.