The downtown master plan will result in a $79 million local public investment over the next 5 years to match the $40 million federal investment in the Owensboro riverfront, including a new privately funded 200+ room hotel to replace the Executive Inn, a Multi-Purpose Indoor Events Center suitable for sports and conventions, and a Market Square Plaza connecting the courthouse to the Riverfront Park.
Thursday, March 19, 2009
Downtown Project Officially Underway, Governor: "This will put Owensboro on the Map"
Community leaders in Owensboro officially put shovels in the dirt as a symbolic beginning of a $120 million revitalization of downtown.
Later in the day, Governor Steve Beshear said the Owensboro downtown revitalization efforts were transformative and would put Owensboro on the map for future growth. "In these challenging economic times, I applaud the leaders of this community for taking this bold step for the future of Owensboro."
Daviess County Judge-Executive Reid Haire said today's activities were the first rock to fall in an avalanche of investments yet to come.