The City of Owensboro says they have officially initiated the demolition process for Gabe’s Tower.
After a deadline for serious proposals was extended to Nov. 21, the City received zero bids for restoration of Gabe’s Tower.
City Manager Nate Pagan said they weren’t surprised to receive zero bids.
“The condition and status of the building — we didn’t see how it would be feasible for anyone to [develop that property],” he said. “Someone came to inspect the tower and didn’t submit a proposal.”
Because of Gabe Towers’ height and close proximity to residential and commercial property, Pagan isn’t sure yet how the demolition will unfold — whether it’s imploded or demolished by a wrecking ball will be decided by professionals. Bids for demolition will be advertised in the upcoming future. The City has set aside at least $600,000 for demolition, but it could cost more.
“We’re not experts on demolitions of this type,” Pagan said. “Speculations are open-ended at this point.”
