Model Mill

Financing for rehab of the Model MIll on West Walnut Street into a new headquarters for a business.

Investment

  • NMTC Amount: $16,600,000
  • Total Project Cost: $19,500,000

IMPACT

  • 148 FTE jobs
  • 150 construction jobs
  • Rehabilitation of a vacant or under-utilized historic structure.

Investor

Project Description

Summers-Taylor Inc. expects to make the Model MIll on West Walnut Street its new headquarters by the end of the year (2020). The highway construction company will occupy one-third of the space inside the refurbished building, which once thrived as a flour mill. The mill was at the risk of becoming more of an eyesore than an iconic downtown Johnson City structure. Summers came to a sound deal with the previous owners and will progress toward a later-half 2018 finish date of his work at the site.

MAP

Address: 620 West Walnut Street, Johnson City, TN 37604

Census Tract: 47179060800

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