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Industrial Property Development

Lenox Development, three paper mills with one dynamic vision for redevelopment in Lee, MA

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Lenox Development is headed towards closing in Lee, MA. Three separate former paper mills within a 2-mile radius are on the drawing board for comprehensive redevelopment. The three properties include 400,000 sq. ft. of buildings on 72 acres with rail and a variety of reuse amenities available. In May 2008, Schweitzer-Maduit closed the three paper mills, allowing for this redevelopment opportunity. Niagara’s resume bodes well for the three mills and the town, according to Lee, MA officials. “They have extensive experience with older buildings and a solid financial background,” said John Philpott, a member of the Lee Community Development Corp.

The Niagara Redevelopment Team is looking for the best way to reintroduce the properties to the community with a possible mix of industrial and residential development. All three properties are ready for reuse.Image

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Written by globalcontractor

April 1, 2014 at 3:14 pm

Posted in Uncategorized

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