Fall River, MA– The Goldman Group, a Boston-based real estate development firm, announces that it has received unanimous approval from the Fall River Zoning Board monthly meeting for its project at the historic Wyoming Mills, once the home of Duro Industries.
The project comprises the adaptive reuse of an approximately 280,000 square-foot former mill into a mixed-use complex. Certain sections of the building will be demolished, resulting in a net area of approximately 260,000 square feet.
This endeavor will result in 196 rental units within the existing mill structures, along with an 80,000 square-foot warehouse space that will undergo updates and modifications for lease to commercial tenants.
The Goldman Group also plans for the ground-up development of a 204-unit apartment building, for a total of 400 rental units. The apartments will be built with modern designs and higher-end finishes and the residents will have access to a pool, fitness center, tenant storage, among other amenities.
As part of the redevelopment, the 11+ acre blighted site will undergo a comprehensive transformation. Improvements will be made to the landscaping, hardscaping, lighting, and retaining walls to enhance the aesthetic appeal. The inclusion of state-of-the-art security systems and communication devices will contribute to the safety of the premises. The project will also provide 400+ parking spaces for the residential units and 90+ parking spaces for the warehouse to accommodate the parking needs of the community.
The Goldman Group is partnering with David Sisson Architecture and Bonding Construction, ensuring the successful realization of the project vision.
“The Goldman Group is deeply honored to receive the unanimous approval from the Fall River Zoning Board for the redevelopment of the former Wyoming Mills. This undertaking will breathe new life into a once-blighted historic site, creating a vibrant, thriving community. We are grateful for the city’s support and look forward to working together to make this vision a reality,” the Goldman Group said in statement.
