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Enterprise Mill
After shutting down in 1983, the once glorious Enterprise Mill sat vacant and deteriorating.
After shutting down in 1983, the once glorious Enterprise Mill sat vacant and deteriorating. In August of 1997, Clay Boardman purchased Enterprise, envisioning its conversion to loft apartments and commercial space. Using historic preservation tax incentives, Boardman (now Flywheel) successfully completed the only adaptive use project of its magnitude in Augusta.
This project totals 236,000 sf and creates its own hydropower via the Augusta Canal. The Enterprise Team removed over 5,000 tons of debris, unbricked more than 500 windows, and eventually created 56 loft apartments and 110,000 square feet of office space, all of which retain high occupancy rates.
Anchor tenants include the Augusta Metropolitan Convention and Visitors Bureau, the Augusta Canal Authority offices and Interpretive Center, and Queensborough Bank, among others.
The rehabilitation of Enterprise Mill helped spawn countless adaptive use projects in the downtown Augusta area, setting the bar for top quality preservation and environmentally responsible development projects.
In January of 2006, Flywheel sold Enterprise Mill.
