This week the windows were blown out of the Freudenberg building, formerly known as the Saco-Lowell Shops. On purpose.
On Friday September 7 at 2 p.m. city and state officials will join representatives from Trinity Financial, the Boston developer hired to oversee the $800 million revitalization of the 15-acre Hamilton Canal District, to officially break ground on the project that, in a year’s time, will result in the rebirth of the unattractive old textile factory into 54,000 square feet of modern office space known as 110 Canal Street.
The $8.5 million rehabilitation of the Freudenberg, along with the recently completed Canal Street Bridge over the Hamilton Canal will mark the completion of Phase I of the project, which also included the 2011 redevelopment of the Appleton Mills into 130 affordable live/work rental units for artists.
When completed, the 15-acre Hamilton Canal District will boast up to 450,000 square feet of commercial and office space, 55,000 square feet of retail space and 700 units of affordable-and market-rate housing downtown, as well as generate as many as 400 permanent jobs.
That building restoration enjoys the benefit of historic tax credits, but what is that history, and will the story be captured in some commemorative plaque for all to see?
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