Zach Evans

zach.evans@courierpress.com

We were live on Facebook Monday morning with hotel developers and Mayor Winnecke's office at the intersection of Second and Chestnut St. Check out the video above the headline.

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SUNDAY: Another new hotel is coming to Downtown Evansville.

The project developer on Sunday told the Courier & Press it will be a five-story "upscale hotel" located at the site of the former Scottish Rite Cathedral at Chestnut and Second St.

The developer and Mayor Lloyd Winnecke's office have a news conference 10 a.m. Monday at the property to announce the development.

The new hotel will join two others under construction in Downtown. The convention hotel, located at Walnut Street and Martin Luther King Jr. Blvd., is scheduled for completion this winter. And the owner of the former River House hotel at First and Walnut streets plans to open a boutique hotel in 2018.

The site of fthe new hotel being announced Monday is located near the future medical school.

The property at 209 Chestnut St. was listed online for sale for $1.3 million by ERA Commercial real estate. The for sale signs on the building and parking lot state "sold." The owner of record for the property was the Evansville Lodge of Perfection #140, according to county property records.

The property includes a three-story building, which was used for event rentals, and a 120-space parking lot.

The building will be demolished to make way for the hotel, according to the developer.