New $38 Million Mixed-Use Development, The Republic, Set for Evansville's Promenade District
Goodin Development and Bowen Capital Announce The Republic: A $38 Million Mixed-Use Development Coming to Evansville's Promenade District
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Goodin Development and Bowen Capital have announced The Republic, a $38 million mixed-use project in Evansville's Promenade district, featuring 153 apartments and commercial space. Construction begins in Fall 2026, enhancing the area's urban living options and supporting local businesses.
- 01The Republic will include 153 one- and two-bedroom Class-A apartments across two four-story buildings.
- 02The development features 3,159 square feet of commercial space, including outdoor dining options.
- 03The project is a public-private partnership supported by Tax Increment Financing (TIF) and READI funding.
- 04Amenities will include a rooftop patio, resort-style pool, fitness center, and EV charging stations.
- 05Goodin Development has previously developed over $58 million in multifamily communities across Indiana.
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Goodin Development and Bowen Capital have unveiled plans for The Republic, a significant $38 million mixed-use development in Evansville's Promenade district, with construction set to commence in Fall 2026. This project will consist of two four-story buildings housing 153 Class-A apartments and 3,159 square feet of commercial space, including an outdoor dining patio. The Republic is designed to enhance the urban living experience and support local businesses, reflecting Evansville's industrial heritage by honoring the historic Republic Aviation factory. The development will feature upscale apartment finishes such as quartz countertops and stainless steel appliances, along with a robust amenity package that includes a luxury rooftop patio, resort-style pool, and state-of-the-art fitness center. This initiative is backed by a public-private partnership with funding from the City of Evansville and the Indiana Economic Development Corporation (IEDC). Justin Goodin, CEO of Goodin Development, emphasized the project's role in contributing meaningfully to the area's growth.
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The Republic will provide quality housing options in Evansville, supporting local businesses and enhancing the urban living experience.
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