14 News, The Tri-State's News and Weather Leader-Loft Development Falls Through
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New Media Producer: Rachel Chambliss
There's no future for the loft development planned for the Hilliard Lyons building in downtown Evansville.
An attorney for the developer, CEEM LLC of Evansville, says his client backed out because of economic concerns.
The 10 unit project accounted for 40 percent of the city's downtown grant program.
The company had received half of its funding for the project in January, but returned it last month.
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