Textile mill renovations now paying dividends

HIGH DEMAND: Brendan Moran, director of facilities for Premier Land Development Inc., which owns the Wanskuck Mill development in Providence, says the pandemic appeared to have no effect on demand for Wanskuck’s residential units, which are 95% leased. / PBN PHOTO/MICHAEL SALERNO
HIGH DEMAND: Brendan Moran, director of facilities for Premier Land Development Inc., which owns the Wanskuck Mill development in Providence, says the pandemic appeared to have no effect on demand for Wanskuck’s residential units, which are 95% leased. / PBN PHOTO/MICHAEL SALERNO
The conversion of abandoned textile mills into loft apartments is slow, methodical and expensive. It can take years and tens of millions of dollars for a developer to transform a former industrial property into a chic residential building with exposed brick and restored hardwood floors. But for the mill owners who have made that transition…

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