Thursday, April 30, 2015

Oh, the Possibilities!!

This time of year tends to get us really revved up about all the possibilities spring and summer bring. In our industry it is busy season, which invites so many opportunities for meeting new clients, expanding our business, and reaching new levels of potential. We see a lot of those same feelings in community members in our city. This is the time of year people really get motivated to do something new, take on a challenge, maybe join a new group or get involved in a project, etc. The warm weather and longer days just breathe new life into all of us!



If you've been watching the news and reading the paper lately, you've surely seen all the improvements, potential projects, and challenges facing the Tri-State right now. We are living in Evansville during a very exciting time, and we have a lot to look forward to in terms of growth and change, we'd like to talk a bit about that today.

Here is just a sampling of the many projects that are on the horizon.


1. The IU School of Medicine Campus: This has been ongoing for a couple years now and many people are tired of hearing about it! However, over $25 million in funding has been approved by the state and the project is a "go" and still on track to open by 2017. The scope of the project has changed a bit and the schools involved will likely have to do some funding themselves, but overall this is a great win for downtown Evansville and the city as a whole.



2. Tropicana Land-Based Casino: Another big topic right now is the legislature and our governor approving land-based gaming. This would be huge for Evansville because that would allow Tropicana casino to build on land and get rid of the outdated riverboat. According to recent news articles, Tropicana has already purchased land and has preliminary plans for a multi-millon dollar land-based facility in the works. If this moves forward, plans are in place to move the LST ship closer to the the activity downtown. (By the way, if you haven't visited the LST museum, do it this summer! It's really fantastic and humbling to see what people in our city made for our WWII soldiers.)



3. The Convention Hotel: This is one project that has flip-flopped the most. We honestly don't know the status, but the latest news was that plans have been redone to reflect a smaller hotel that falls more in line with the budget the city is willing to set. Stay tuned! This project would be wonderful if it works out, and we hope it would bring bigger conventions and meetings to Evansville.



4. The Promenade: This huge development is designed as the only mixed-use, lifestyle center in the whole region. According to the website, it's going to be different from anything around. The first major store is Academy Sports & Outdoor, and the first set of The Shoppes at the Promenade are being leased right now. The developer is also working on luxury apartments. The goal of this development is that is will have great retail, beautiful design, and will be very walkable with a "mainstreet" feel. We hope they'll take some requests for what stores and restaurants to bring to our city!



While we enjoy looking back on where our city has been and what we have accomplished, we are inspired to look forward. It's important to remember that we have to change a bit to grow and might have to adjust the way we've always done things in the past. Just like we make adjustments in our real estate business as new technology and developments come along, our city leaders must do the same to continue building on what we have. We have every confidence that the Tri-State will continue to be a wonderful place to live and look forward to welcoming many new residents over the coming years!

Speaking of where we've been, let's look at some of the history of our fine city. We invite you to take this fun quiz about local history and see how you do!

https://www.onlinequizcreator.com/local-history/quiz-88643

How many did you get right?

What are your thoughts on these new developments and the bright future for the Tri-State?

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