Project Profile

Oakland Mill

  • Photo courtesy of OaklandMill.com

459

Jobs Created

$7,732,826

Tax Impact

$19,455,475

Income Generated

$26,429,752

GDP Added

$51,746,363

Output Generated

Oakland Mill, located in Newberry, South Carolina, was originally built between 1910 and 1912 as a major textile production facility. The complex reflects architectural elements of the Romanesque Revival style and includes several historic structures, such as the main mill building, a boiler house with smokestack, warehouses, water towers, and a rail spur—components that once supported a thriving textile operation through much of the 20th century. After ceasing operations in the early 2000s, the site was redeveloped by  Misty West in 2014 utilizing Monarch Private Capital’s State HTC financing and now serves as a residential apartment community, with one section available to the public and another designated for student housing.

Tax Credit Type:
State
Address:

2710 Fair Ave
Newberry, South Carolina 29108

Contact us for more information about impact investing, federal and state tax credits.