The Cherokee County Office of Economic Development has received a “Deal of the Year” award from the Georgia Economic Developers Association for The Mill on Etowah, a mixed-use development of an historic denim factory in Canton.
GEDA, a nonprofit that promotes job creation and sustainable economic development, presented the award at a Nov. 18 luncheon.
The Mill on Etowah, also known as the Historic Canton Textile Mill at 141 Railroad St., is home to Reformation Brewery, which earlier this year moved its main warehouse and production facility to the riverfront site from Woodstock.
The Reformation deal has an initial estimated economic impact of $15 million, but at build out, plans for an additional 350,000 square feet of hospitality and residential space may bring the project’s total capital investment to $65 million, GEDA said.
“Thanks to the hard work, vision, and persistence of developers Penn Hodge and Grant Schmeelk, along with the city of Canton, The Mill on Etowah is soon-to-be one of metro Atlanta’s newest destinations,” said Marshall Day, chairman of Cherokee economic development.
