A historic, century-old building has been transformed into loft apartments in Downtown Evansville. WNIN’s John Gibson has details:
Officials cut a ribbon, opening Central Lofts in the former home of the YMCA on 5th St.
Developer Jon Anderson of Indianapolis led the renovation of the five-story structure.
He said many residents have already moved in to the income-based apartments:
"62 apartments behind us, last I heard 26 have already been leased. So, a really great response to this project since we opened three weeks ago."
Before the ribbon was cut, Evansville Mayor Lloyd Winnecke touted the building’s new purpose:
"This was designed by Clifford Shopbell and completed in 1914. It served our community for nearly 100 years. But today it really has a nice new purpose and that is safe, secure housing for people who are income-challenged."
The Indiana Housing and Community Development Authority awarded the Promise Zone project more $1.1 million in tax credits.