Ribbon cutting for Market Street Living in downtown Evansville | News

Mayor Lloyd Winnecke was on hand Thursday for a ceremonial ribbon cutting celebrating the completion of a new senior living community in downtown Evansville. 

Market Street Living is a product of The Kunkel Group, an Evansville-based development company.

The company tells us they put in $10.2 million in renovations to the space at the corner of Court & Market Streets.  The 100-year-old building was formerly home to a German singing group, Liederkranz Maennerchor, as well as the Knights of Columbus and Republican Headquarters.

The Kunkel Group says it renovated and added on to the building to create 60-75 apartments in 40,000 square feet, including studios, one-bedroom and two-bedroom units.  

The community is designed for those 55 and older, which prompted a joke from Mayor Winnecke during his remarks to the crowd before the ribbon cutting.

"I don't know if I feel good or bad about the fact that within three years I could be elligible to live here," Winnecke said.

Market Street Living aims to provide many amenties to its residents, including the option for three meals a day prepared on-site by a chef.  The complex also has its own hair salon, massage room, movie theater, activities area, and lounge.

Ben Kunkel, president of The Kunkel Group, says it's a project that's been a few years in the making.

"Took a while to get to this point, but it's a good day today," said Kunkel.

"We're invested in downtown.  The renaissance that we've had is nothing short of amazing in downtown.  There's hundreds of millions of dollars been spent and there's thousands of of people that have moved to downtown.  That's pretty exciting stuff.  I think that, as the mayor said, that makes for a vibrant community," Kunkel said.

"I can't speak highly enough of Ben (Kunkel) and his team for taking what was a long-time vacant building and turn it into beautiful living space that will only benefit the city.  I mean, it really does take what was an eyesore and turn it into a great city asset," Mayor Winnecke said.

Prices at Market Street Living start at $2800/mo for a studio.