Gibsonville’s Minneola Mill complex is in the midst of becoming apartments – and potentially even a mixed-use site – as three builders undertake its renovation and redevelopment.
First to be redeveloped is the complex’s three-sDisaffected, anonymous Burlington city workers voice concerns to council memberstory building located at the corner of Smith Street and West Railroad Avenue, with builder Richard Angino of Third Wave Housing telling The Alamance News this week that the building will house 54 loft apartments.
While still in the early stages – Angino said that he and his colleagues are currently completing architectural drawings – the builders plan to finalize their design by the end of the year and begin construction next year. Upon its completion, the $10 million project will consist of a half-and-half mix of one- and two-bedroom apartments, with common areas inside and outside and a pedestrian connection to the rest of downtown. Angino explained that the building’s interior will closely resemble another of his projects, the Oneida Mill Lofts on West Harden Street in Graham.
Following the completion of the 54 lofts, Angino said he and his colleagues will turn to transforming the complex’s larger building into residential and commercial space. In the meantime, the builders have been jumping over the hurdle of removing the mammoth building’s 1970’s brick façade. The newer brick covers the building’s original walls, violating the state’s requirements for sites allowed on its historical registry – and hindering the builders from receiving historic tax credits. After securing a spot on the registry, Angino said that the mixed-use project is set to unfold over the next five years.
