A Waxhaw textile mill is being redeveloped into a mixed-use project combining apartments, offices and a restaurant.
Located on East South Main Street (NC Highway 75), the development will be called Cotton Flats and will begin construction in January 2016. At least one component of the project is expected to be ready for tenants in late summer.
Once complete, The Cotton Flats, comprising 80,000 square feet on seven acres of land, will have 70 loft-style apartments, 10,000 square feet of office space, and a 5,000-sq. ft. restaurant.
Cillian and Jason Teller, DHD Ventures managing partners, were looking for projects in south Charlotte and Waxhaw and found the Rodman-Heath mill, which is located near where both live in Union County. Eventually, DHD Ventures may move its office to the development, the Charlotte Business Journal has reported.
Also in Waxhaw, Cillian and Teller have an option to buy 20 acres for a flex-space development that would provide Monroe-Union County Economic Development space for light-industrial development.
But first, DHD Ventures will spend time on redeveloping the mill into The Cotton Flats.
The Cotton Flats building comprises 80,000 sq. ft. on seven acres. It’s on East South Main Street, which is also N.C. Highway 75.