Project
Wood Mill Redevelopment, Lawrence
Real Estate & Commercial DevelopmentPreservation Massachusetts Award
The Wood Mill located in Lawrence, Massachusetts once served as a central location for textile manufacturing. Epsilon’s team of historic preservation consultants worked with the developer to secure State and Federal historic tax credits. After being underutilized for many years, the Wood Mill is now bringing much needed housing and services to the City of Lawrence.
Overview
The Wood Worsted Mill, designed by Boston-based Charles T. Main Company and was constructed between 1906 and 1909. The Romanesque Revival style mill was originally associated with the American Wool Company, the first multi-million dollar textile corporation, during the first half of the 20th century.
The Wood Worsted Mill remains one of the largest mills in Lawrence. The primary building consists of four sections: C, D, E, and F. The Wood Mill was developed to produce worsted products from raw wool to the finished project all in a single complex.
Contribution
The Wood Mill underwent a sustainable rehabilitation for commercial and residential use. Epsilon’s team of historic preservation consultants prepared state and federal historic tax credit applications for all four sections of the Wood Mill. In addition, with Epsilon’s assistance the building was listed on the National Register of Historic Places in 2010.
The rehabilitation of this building will encourage continued investment into the former industrial area while simultaneously encouraging residents and employees to take public transportation provided at the Senator Patricia McGovern Transportation Center and garage across the street from the project.
Wood Mill exterior 
Wood Mill exterior 
Wood Mill exterior 
Wood Mill exterior
Achievement
After being vacant for many years, the Wood Mill is now bringing much needed housing and services to the City of Lawrence. This eco-friendly project serves as a prominent example of the marriage of environmentally-friendly development and historic preservation in the Commonwealth.
We are always excited to use our historic tax credit expertise to assist clients in securing funding for these rehabilitation projects, which often breathe new life into otherwise underutilized or abandoned buildings.