EVANSVILLE, Ind. (WEVV) — Developers have officially begun working on a major housing project on Evansville's west side, transforming a historic site into the new Franklin Lofts.

The $13 million initiative will add more than 50 apartments while preserving part of the city's industrial heritage.

Aaron Gabe, the owner, highlighted the historical significance of the hundred year old building.

"You know I love history—I like to take a look at what the history was of a building. We’ve tried to incorporate that with the old Hercules company here—if you come through our office you’ll see a lot of stuff, a lot of different stuff that came from Hercules—and really trying to take what the building was and bring it back to its once glory where folks would walk in and have a wow factor," said Gabe.

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