420 Main Building
The building in 2009
Former names	Old National Bank Tower (1970–2004)
General information
Type	Office
Architectural style	Modernist
Address	420 Main Street
Town or city	Evansville, Indiana
Country	United States
Groundbreaking	December 15, 1967
Construction started	1968
Topped-out	May 24, 1969
Completed	1970
Opened	1970
Demolished	November 21, 2021
Cost	$5,000,000
Height
Roof	248 feet (76 m)
Technical details
Floor count	18
Lifts/elevators	4
Design and construction
Architecture firm	Kelley-Marshall & Associates
Other information
Parking	150
Public transit access	METS

The 420 Main Building (previously known as Old National Bank Tower) was a 248-foot, 18-story office building located at 420 Main Street in downtown Evansville, Indiana. The building was the headquarters of the Old National Bank until the bank moved its headquarters to a new location in 2004. The building stood nearly vacant for the next 12 years, and was the tallest building in the city until its demolition in 2021. ^[1]

History

The building was built as the new headquarters for Old National Bank, serving as a replacement for the Hotel Lincoln and ONB building built in 1916, the previous headquarters of Old National Bank. The ceremonial groundbreaking for the building site took place on December 15, 1967, and foundation work commenced in 1968. A topping out ceremony was held on May 24, 1969, and the building was completed in 1970.

In 2004, the bank moved its headquarters to the new Old National Place, located on One Main Street by the Ohio River riverfront. As a result, the building stood nearly vacant for the next 12 years. In 2015, the building went up for sale.

In 2017, local developers planned a $25 million project to renovate the building that would involve street-level retail, offices, and apartments on the upper floors of the building. However, this project was later abandoned.

In October 2019, the building was purchased by Domo Development, and plans were to redevelop the building into a mixed-use tower that would include a restaurant, retail, office, and residential space. The full renovation would have included a new glass curtain wall. The renovation cost was estimated to be $30 million. ^[2]

In October 2020, Domo Development raised concerns about the cost of renovating the building and instead planned demolition. A residential mixed-use complex is being proposed as a replacement. ^[3]

Closure and demolition

After years of disrepair and prohibitive costs to renovate the building, the building was demolished via implosion on the morning of November 21, 2021 at 7:00 AM, by Controlled Demolition, Inc. ^[4]

References