Woolen Mills Up For Sale but No Word on Buyers

March 16, 2014

The 105,000 square foot building, previously known as Woolen Mills, will soon be a part of a new project, but those details have yet to be released.

“It's a little scary, since it could be some other big business,” says Robin Hanes, who lives in the Woolen Mills Neighborhood. “We don't have any idea what it's going to be.”

The historic factory currently houses Security Storage and Van Lines and the owners are deciding to sell, with a listing price of $5 million.

That leaves residents, living in the Woolen Mills Neighborhood, thinking of what's to come.

“From a topographical point of view and a historic point of view, this is like the promised land,” says Bill Emory, chair of the Woolen Mills Neighborhood Association. “This is a very cool place.”

Some believe that the building would be great as a mixed use development, as well as a residential building, nut they are not interested in it being used as an industrial space.

Many residents living in this area are excited about the future of Woolen Mills. However, they are concerned about traffic. As East Market St. narrows as it gets closer to the old building.

“Right now I see a lot of large tractor-trailers going up the road and I would like to not see that anymore,” says Hanes.

“East Market constricts right by the side of the former Woolen Mills dam and because there is so much rock there and the houses are built literally on the street, there's no way to widen the street there,” says Jon Fink, longtime resident of the Woolen Mills Neighborhood. “It's virtually impossible.”

Residents are hoping that the traffic from the new owners will be able to use the broad street exit for the Mills, but they hope that whoever comes to own the property will respect the history of the building, since it has been a part of the community since the late 18th century.

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