Revolution Mill is thrilled to announce the official opening of its second phase, 2005 Revolution Mill, on Wednesday, May 1st. The celebration will commence from 3:30 to 5:30 pm at 2005 E. Yanceyville Street, Greensboro, with a ribbon-cutting ceremony at 4:00 pm followed by a reception, refreshments, and guided tours of the development.
2005, the most recent development on the Revolution Mill Campus, aims to bolster economic development in northeastern Greensboro. This ambitious project by non-profit community development organization Self-Help Ventures Fund has been in the works since 2018, turning a 145,000-square-foot building into a dynamic mixed-use hub featuring residential and commercial tenants, and creating an estimated 315 construction jobs and 323 new permanent jobs in the process.
Built in two phases between 1915 and 1935, the historic five-story building now blends modern aesthetics with industrial heritage, boasting original brick walls, expansive windows, exposed concrete pillars, and polished concrete floors. Significantly, the structure is built atop the recently restored North Buffalo Creek and is situated adjacent to public gathering areas known as “The Stacks” and "The Docks."
Currently, select leasing opportunities are available for the third and fourth floor Class A commercial office spaces. On the first floor, "The Grove" offers flexible office spaces tailored for new businesses, entrepreneurs, freelancers, and three retailers. Excitingly, negotiations are underway for a future 6,000 square foot restaurant within the project, and adjacent to 2005, an upcoming hospitality area is in the works, set to introduce a tap room, bar, additional restaurants and retail spaces in 2025.
The $38 million dollar project was made possible with $5.5 million in New Market Tax Credits, $5 million in Federal Historic Tax Credit investment, and $6.7 million in State Historic Tax Credit Investment, along with Self-Help’s significant investment.
For More Information, Contact:
Lee Mortensen, Real Estate Leasing & Marketing Manager, Self-Help, Revolution Mill
Lee.Mortensen@self-help.org
919-956-4455 (direct)
Jenny Shields, Director of Media Relations, Self-Help
jenny.shields@self-help.org
919.794.6798 (direct)
(919) 584-4379 (cell)