A plan to renovate the McCurdy Hotel on Evansville’s riverfront has received state approval, but financing remains an issue.
The Kunkel Group’s earlier building plan for the McCurdy expired, requiring the company make changes to meet new state standards. The Indiana Building Commission signed off on the blueprint last month, and Evansville-Vanderburgh County Building Commission Director Ben Miller tells the Courier and Press that’s a needed step for the developer to obtain financing.
Kunkel Group president Ben Kunkel, has said the company’s plan is for a 96-unit apartment building, with a renovated ground floor that includes retail space and an event area. Last year, Kunkel estimated the cost would be $12 million.
Kunkel is to appear before the City-County Building Commission on Sept. 11 and give an update on the McCurdy project.
The eight-story McCurdy Hotel opened in 1917. The hotel was a senior center when it closed in 2006. It has sat vacant ever since, and its condition has deteriorated.