
Big City Cool
A swank New York restaurant uses the name Arabelle. It also is the name of an upscale United Kingdom jeweler, and a high-class fabrics company has the name Arabelle. Attaching “Arabelle” to describe something as upper crust is no coincidence: In Dutch, “arabella” means “beautiful.”
In Evansville, the building named Arabelle once held a bank and a drug store until, like most Downtown edifices, it experienced neglect and decay as the population gradually moved from the center of the city for decades. The three-story, mostly brick building, constructed in the 1800s, sat unoccupied on Main Street until the mid-2000s when Debra Talley and Mike Martin of Architectural Renovators bought the Arabelle.
On the Arabelle’s first floor is a Subway, the national sub sandwich shop that is not the pricey Arabelle Restaurant in New York (five-dollar foot-longs!), but for those in the Downtown business district, the quick eatery is a welcomed neighbor. The smells of the sandwiches occasionally do waft upstairs, however, to Jason English’s condo. The upscale atmosphere of this ultramodern living space is a perfect reflection of the world’s other Arabelles.
Talley and Martin’s decision to renovate came after a series of successful building rehabs spurred Martin to focus on the Arabelle. Talley watched Club Fitness Zone, a bright blue workout facility owned by her son Heath grow after that business — just a half block away from the Arabelle — opened in a building renovated by Martin.
Loft developments in Chicago and St. Louis sparked Martin’s interest in Downtown renovations. He adds modern touches to historic structures in need of tender loving care. Martin revamped the former Gottam Building (615 Main St.) in 1999. With 16-foot high ceilings for the second-floor loft apartment, the 1890-built Gottam became a mixed-use facility with retail space on the first floor. Earlier this year, that building became rubble as demolition crews made way for the new arena, expected to be completed by the end of 2011.
To boost residential housing Downtown, Mayor Jonathan Weinzapfel — then in his first term — instituted a loft incentive program in 2004. The city offered a $20,000 grant for loft developers per unit. Since then, through various loft programs, the city has provided nearly $2.5 million in grants and loans. That’s translated into $21 million of Downtown housing projects.
Private investment continues long after the government incentive eroded. In August 2010, officials from The Kunkel Group, a construction company that used the incentive program to create condo complexes in the former Main Street deJong’s and J.C. Penney retail stores, announced they’d transform the former Hilliard Lyons headquarters into 44 apartments — a project across the street from the Arabelle, which also was renovated without the financial aide of the loft program.






