A $35 million housing project to support local talent attraction and retention in Vincennes has entered the final stages of planning and approval.
Chris Pfaff, CEO of Knox County Indiana Economic Development says after final details are wrapped up later this summer, construction will begin on 240 new apartment units on Bierhouse Boulevard.
Details of the project, which has been more than a year in planning, were cleared by the Vincennes Redevelopment Commission in June and will now go to the Vincennes City Council for final consideration of key elements.
The new market rate apartments will include one, two, and three-bedroom options.
Phil Reinbrecht, president of Simplified Development, says he expects the project will break ground and begin construction late in the third quarter of 2024, with the first building ready for move-in in the third quarter of 2025.
The entire project is set to be completed by 2026.
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