Construction to Begin This Summer on Southwest Indiana's Largest Regional Cities Initiative Project
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.
See full article in the May 22 Inside Indiana Business article "40M Post House Project Gains Key Approval"