The Eagle Mill Site

Eagle Mill owns 8.4 acres of land on both sides of the Housatonic River in Lee, Massachusetts. Six of those acres sit on the south side of the river with multiple historic buildings occupying just over 192,000 square feet of the site. The remaining 2.4 acres on the north side of the river are undeveloped and exist in its natural state.

Development Partners

Eagle Mill Redevelopment LLC. — a partnership of Mill Renaissance and Dew Construction/Dew Properties — has acquired The Eagle Mill properties.

Together with partners Rees-Larkin Development and Berkshire Housing Development Corporation, Eagle Mill Redevelopment will bring the now-vacant Eagle Mill property into the twenty-first century with a full compliment of modern amenities. Included in the master plan are residential units, retail shops, and office suites. In addition, Mill Renaissance LLC intends to partner with Marketplace Hospitality Group LLC to develop the Eagle Mill Market.

Seven Development Components

1. River Front Commercial Building : An 10,000 square foot commercial office building, to be developed by Mill Renaissance LLC.

2. The Union Mill : An adaptive re-use of the historic Eagle Mill building which will create 37 residential units. Of the 37 units in the Union Mill component of the project, nine (9) units will be affordable at the 60% AMI level (some units will be further restricted at even lower income levels); and 28 units will be Workforce Housing units. To be developed by Rees-Larkin / Berkshire Housing Development Corporation. Public financing for the residential building is likely to include State and Federal Historic Rehabilitation Tax Credits, Low Income Housing Tax Credits (LIHTC), other resources allocated by the Massachusetts Department of Housing and Community Development (DHCD), and funding from MassHousing.

Far left, River Front Commercial Building; the Union Mill, residential units. to the right of River Front Building.

Far left, River Front Commercial Building; the Union Mill, residential units. to the right of River Front Building.

3. The Eagle Mill Market : A 45,000 square foot “public market” featuring multiple restaurants, 20+ food related (10’x10’ kiosks), microbrewery, coffee shop, and other related vendors to be developed in the historic Eagle Mill building by Mill Renaissance LLC.

The Eagle Mill Public Market

The Eagle Mill Public Market

4. Eagle Mill Housing II : A 43 unit new construction apartment building. Of the 43 units in the new-construction component of the project, 34 units will be affordable at the 60% AMI level; and nine (9) units will be Workforce Housing units.  To be developed by Rees-Larkin / Berkshire Housing Development Corporation. Public financing for the residential building is likely to include State and Federal Historic Rehabilitation Tax Credits, Low Income Housing Tax Credits (LIHTC), other resources allocated by the Massachusetts Department of Housing and Community Development (DHCD), and funding from MassHousing.

Eagle Mill Residential Building II

Eagle Mill Residential Building II

5. The “Machine Shop” : A 12,000 square foot historic building to be developed for mercantile use by Mill Renaissance LLC.

The Machine Shop, mercantile use.

The Machine Shop, mercantile use.

6. The Hotel : Anticipated to be approximately 100 rooms plus public spaces to be developed by an unrelated entity, including 162 surface parking spaces 100 of which would be dedicated to the hotel with the remainder to the Town of Lee.

The Hotel

The Hotel

7. The “Park” and “River” : 2 1/2 acres on the north shore of the Housatonic River across from The Mill, planned for conservation/recreational use.

Housatonic River, and rear of Mill Buildings

Housatonic River, and rear of Mill Buildings

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Floorplans

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Project Facts

Cost: The project is expected to cost between $60-80M to complete.

Estimated Timeline: *

Construction Start: Nov 2020

Construction End: Aug 2022

Hotel Start: Sept 2022

Hotel End: Sept 2023

*subject to permitting and financing

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