The conversion of a mammoth former textile mill—the old Booker Building—into the Germantown Mill Lofts is about 50 percent complete, developer Jeff Underhill of Underhill Associates told Broken Sidewalk. “We are very excited by how things are progressing,” he said. “The good news is that most due diligence, fact finding, stabilization, financing, demolition, clean out, environmental remediation, guess work, budgeting, site work, bad weather, and approvals are behind us.”
Underhill shared these photos of the project with Broken Sidewalk so readers can get a sense for themselves of how construction is progressing inside and out. Take a look at the full gallery below.
Recently, the Underhills hosted a “Taste of Germantown” fundraiser for the Leukemia Society at the project site. “We blocked off McHenry Street and set up a tent with 12 restaurants represented and live music,” Underhill said. “Over 400 people attended resulting in $75,000 in donations. As they could see a backdrop of Germantown Mill Lofts, it helped in building anticipation for our project completion.”
And people are beginning to line up to get an apartment. “Weekly, we are receiving inquiries about leasing and we have built a lengthy waiting list,” Underhill said. “We plan to have models completed during the summer and begin initial tours in late summer. We expect to have initial move-ins starting in November with project completion in Spring of 2016.”
With interest picking up on individual units, Underhill said his company is also in talks with several interested commercial tenants for the new space. “Currently, we are having conversations with commercial space prospects which include a restaurant with large patio area, a coffee shop & roaster, a fitness center, a yoga studio, a photography studio, and a shared tech office/work space,” he said.