April 13, 2025

News Summary WinnCompanies has successfully redeveloped the former Osage Mill in Bessemer City, NC, into The Lofts at Osage Mill, featuring 139 affordable apartments. This project, reflecting a $36 million investment, preserves the mill’s historical character while providing modern amenities for families. It aims to meet the community’s growing housing needs and support local development. WinnCos. Transforms Historic Textile Mill into Affordable Housing, Unveiling The Lofts at Osage Mill In

News Summary Bessemer City, North Carolina, has completed a $36 million redevelopment of the long-vacant Osage Mill, converting it into 139 affordable apartments. This project aims to rejuvenate the downtown area and provide quality housing for residents at 60% of the area median income. Featuring preserved historical elements and modern amenities, the redevelopment addresses the urgent need for affordable living spaces while revitalizing the community and stimulating local economic growth.