Taft-Gibbs LLC to Redevelop Beaumont Mill Site
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Description
City of Spartanburg authorizes a development agreement with Taft-Gibbs, LLC for a $70 million investment in redeveloping the former Beaumont Mill site. The project includes 275 apartment units and public infrastructure improvements, aiming to revitalize downtown and boost economic development.
Contract Details
Contract Amount
$70,000,000
Vendor
TAFTGIBBS
Agency
City of Spartanburg, SC
Contract Type
Development Agreement
Document Date
August 25, 2025
Contract Term
NA
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