Development deal in the works?

More fines are being levied on the owner of an historic building in downtown Evansville.

Meantime, the owner is reportedly working on a development deal.

The Owen Block, at the corner of Chestnut and 2nd Streets, was built in 1882.

Building Commissioner, Ben Miller, says fines levied against the building's owner now total more than $47,000.

Miller says the Owen Block requires millions of dollars in renovations.

"The building is an advanced stage of decay.  There's part of the roof that's collapsed.  There's water leaking into it.  So, we're very concerned about that," said Miller.

Last year,  the City saved the Owen Block was saved from demolition.

Commissioner Miller says its owner, Jama Neuhoff, is in talks with Indiana Landmarks to turn the Second Empire style building into 16 apartment units.

The Owen Block has been on the Preservation Alliance of Evansville's Ten Most Endangered List since 2009.

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