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Scannell Properties is leading a $40 million project,  "The Post House", a research hub in Evansville, Indiana for smart energy technologies. Inside Indiana Business reports that the project landed approval from the Evansville Common Council to use Tax Increment Financing. Evansville-based Vectren Corp. (NYSE: VVC) will use the facility as a "living laboratory" to test smart energy technologies, including solar panels, energy storage and smart appliances. The development will also include housing, retail and office components.


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The “Crown Jewel” of Speedway will be the Wilshaw - a multifamily/mixed-use apartment and hotel project

The development will feature 90 apartments and 8,000 square feet of retail space, in addition to a 126-room Tapestry hotel from Hilton and 250-space parking garage. The one- and two-bedroom apartments, ranging from 667 square feet to 1,125 square feet, should be finished next April, with a new $36 million Wilshaw apartment and hotel project to follow.




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Company

Scannell Properties is a privately owned real estate development and investment company that focuses on build-to-suit and speculative development projects throughout the U.S. and in Canada.

Contact us

Scannell Properties
8801 River Crossing Blvd., 
Suite 300 
Indianapolis, Indiana 46240
Phone: (317) 843-5959
Fax: (317) 843-5957

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