Danville’s Industrial Development Authority and The Alexander Co. are teaming up to redevelop the city’s White Mill on the Dan River as a mixed-use commercial and residential project, with $62.5 million invested in the first phase, city officials announced Monday.
Local officials have long been seeking developers for the site. Interest in the building, which once housed part of the defunct Dan River Mill’s manufacturing business, grew with the city’s approval of the Caesars Virginia casino project last year.
According to city officials, the White Mill redevelopment will feature 110,000 square feet of commercial space and 150 apartments in the first phase, set to be completed in the summer of 2023, the same timeline as the casino.
