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Owensboro to buy riverfront parcels for about $4.2 million to spur downtown redevelopment
Summary
The commission approved Municipal Order 39‑2024 to acquire properties at 102 and 118 Veterans Boulevard for roughly $4.2 million (reimbursing owner Jaygo Holmes for costs) and said the city will solicit developer proposals for a signature downtown project near Smothers Park.
The Owensboro Board of Commissioners voted Dec. 17 to authorize the purchase of two riverfront parcels at 102 and 118 Veterans Boulevard and Allen Street for downtown redevelopment.
City Manager Nate Pagan said the properties, owned by Jaygo Holmes, will be sold to the city at cost to reimburse acquisition and demolition…
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