The Aporia · 1848 Massachusetts mill reopens as 86 apartments after $53M restoration, with 69 affordable homes

A 170-year-old mill in Lawrence, Massachusetts, has been restored at a cost of $53 million and reopened as Stone Mill Lofts, an 86-unit apartment complex with 69 affordable homes for lower-income residents. Built in 1848 by Abbott Lawrence, the building was renovated to include modern energy-efficient features while preserving historical elements such as stone walls and timber ceilings. The project received funding through various tax credits and included raising the ground floor to mitigate flood risks from the nearby Merrimack River.

Written locally by qwen2.5:14b on 2026-10-19, using this article's own text rather than the other coverage of the same event (that is the story summary below).

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A 170-year-old stone mill in Lawrence, Massachusetts that once manufactured water turbines and machinery has been restored at a cost of $53 million, reopening as an 86-unit residential complex named Stone Mill Lofts. Built in 1848, the building stood empty for decades before its transformation into mixed-income housing, with 69 units designated as affordable homes. Of these, 58 apartments are reserved for low-income residents and 11 for very low-income individuals. The project utilized a combination of federal and state historic tax credits along with Low Income Housing Tax Credits to finance the restoration. Developers incorporated flood defense measures due to its location beside the Merrimack River.

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📰 Massachusetts Mill Reopening Affordable Homes

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A 170-year-old stone mill that once made water turbines and machinery during New England’s industrial boom has completed a $53 million (£41 million) historic restoration. asserted

that → make → restoration

The building has reopened as an 86-unit residential complex offering homes at different price levels in Lawrence, Massachusetts. asserted

building → reopen → Lawrence

Built in 1848 by industrialist Abbott Lawrence along the Merrimack River, the 150,000-square-foot building sat empty for decades. asserted

building → build → decades

According to case study documents published by the US National Park Service, the historic property has now been turned into Stone Mill Lofts. uncertain

property → accord → Lofts

Of its 86 apartments, 69 are set aside as affordable housing for lower-income households. asserted

69 → set → households

The project was funded through a mix of federal and state historic tax credits, along with Low Income Housing Tax Credits. asserted

project → fund → Credits

The cost of work that qualified for rehabilitation funding came to about $44 million, within the total project budget of $53 million. asserted

that → qualify → million

The newly opened complex offers homes for people at different income levels. asserted

complex → open → levels

Of the 69 affordable apartments, 58 are reserved for low-income residents, while 11 are set aside for very low-income individuals and families. asserted

11 → reserve → individuals

The remaining 17 apartments are rented at market rates. asserted

apartments → remain → rates

The renovated homes retain many of the mill’s original features, including exposed stone walls, timber ceilings and wide wooden floors. asserted

homes → renovate → walls

According to National Park Service records, the property also offers several shared facilities for residents: - A community lounge and shared kitchen - uncertain

property → accord → residents

- Storage lockers for residents and an outdoor patio - An educational exhibit about the mill's industrial history Flood defense and modern energy conversion Since the mill stands right beside the Merrimack River, developers had to deal with serious flood risks during the renovation. asserted

developers → stand → renovation

Contractors raised the building's entire ground floor by 12 inches, lifting the indoor living areas above the designated floodplain. asserted

Contractors → raise → floodplain

Engineering teams also updated the 19th-century building to meet modern environmental standards. asserted

teams → update → standards

Project notes from the National Park Service describe the property as one of the first fully electric multi-family residential developments in Massachusetts. asserted

notes → describe → Massachusetts

The building uses electric heat pumps and energy recovery ventilation to control indoor temperatures while helping lower utility costs. asserted

building → use → costs

Builders also installed replacement windows with three layers of glass, high-efficiency air filters and thick insulation throughout the exterior stone walls. asserted

Builders → instal → walls

These changes have turned the historic industrial building into an energy-efficient residential complex. asserted

changes → turn → complex

1848 Massachusetts mill reopens as 86 apartments after $53M restoration, with 69 affordable homes

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