Nick Piornack, Revolution Mill, 919-259-2060 or Nick.Piornack@self-help.org
David Beck, Self-Help, 919-956-4495 or firstname.lastname@example.org
What: Major Anchor Tenant Announcement for Revolution Mill
When: Thursday, April 19, 8.30 am.
Where: Revolution Mill event space, 1160 Revolution Mill Drive, Greensboro, NC
GREENSBORO, NC - Self-Help, owner and developer of the $100 Revolution Mill redevelopment in Greensboro, will announce its first anchor tenant commitment at a media event this Thursday, April 21, at 8:30 am at the Mill’s event space at 1160 Revolution Mill Drive.
Self-Help purchased Revolution in September 2012. One of Greensboro’s most significant landmarks located just two miles north of downtown, the Mill is being fully built out as a 570,000 square foot mixed-use development. Self-Help has also purchased Olympic Mill and Revolution Mill House. This announcement underlines the growing momentum at Revolution Mill.
The total project encompasses approximately 50 acres and the investment will exceed $100M, making it the largest current commercial construction project in Greensboro. When completed in late 2016, Revolution Mill will include
- 142 one and two-bedroom apartments
- 240,000 square feet of light-filled office space
- Multiple dining options
- Space for working artists
- A variety of indoor and outdoor event spaces for creative activity
- A planned greenway making the campus a short bike ride to downtown via the Latham Park trail and the Downtown Greenway.
In addition to this media announcement, 30-minute Hardhat Tours are available for the public most Monday evenings. To reserve a place email: RevolutionMill@self-help.org.
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About Revolution Mill
The Revolution Mill District is a historic textile mill campus encompassing Revolution Mill and Olympic Mill sites, with adjacent land connected by North Buffalo Creek. Located just north of downtown Greensboro, Revolution began operations as the South’s first large flannel mill in 1899 and for decades anchored a thriving community of workers and craftspeople. The facility included over 640,000 feet of working space before the textile industry decline led to its closure in 1982. For the next few decades, limited sections of Revolution were renovated into office space, while other parts of the property fell into disuse and disrepair. In 2012, Self-Help assumed ownership of Revolution Mill and is completing the property’s transformation into a mixed-use development. For more information about the property, leasing availability and details surrounding commercial, residential and studio space visit www.revolutionmillgreensboro.com or call (336) 235-2393.
Self-Help, a community development credit union and lender headquartered in Durham, has provided over $6.9 billion in financing to 112,000 families, individuals and businesses underserved by traditional financial institutions. It helps drive economic development and strengthen communities by financing homebuyers, nonprofits, childcare centers, community health facilities, public charter schools, and residential and commercial real estate projects. Self-Help’s credit unions serve over 120,000 people in North Carolina, California, Chicago and Florida with a full range of financial products and services.
In addition to Revolution Mill, Self-Help’s long Greensboro history includes the redevelopment of the Self-Help Center downtown, a Self-Help Credit Union branch at 3400 Battleground Ave and the in-process redevelopment of the Renaissance Shops at Phillips Avenue, formerly the old Renaissance Shopping Center. In Guilford County, Self-Help has made home and commercial loans totaling $90 million, creating or maintaining an estimated 2,700 jobs. Over 70% of the loans have been to minorities, and 66% to low-income families. Learn more at www.self-help.org.