---
title: "HEAR HERE: Beaumont Mill’s $70M Redevelopment Advances Toward Construction"
url: https://www.herespartanburg.com/beaumont-mill-70-million-redevelopment-spartanburg/
date: 2026-04-19T07:09:17-04:00
modified: 2026-04-22T15:51:22-04:00
author: "A. Preston Acker"
categories: ["Business"]
site: "HERESpartanburg"
attribution: "HERESpartanburg"
---

# HEAR HERE: Beaumont Mill’s $70M Redevelopment Advances Toward Construction

*Source: [HERESpartanburg](https://www.herespartanburg.com/beaumont-mill-70-million-redevelopment-spartanburg/) — April 19, 2026 by A. Preston Acker*

**HEAR HERE — Not News Yet But What Is Being Said.**

The $70 million Beaumont Mill redevelopment is working its way through Spartanburg’s development-review and building-code processes after receiving City Council approval. Developer Taft and Gibbs LLC is moving forward with plans to transform the former mill site into 275 residential units — 247 market-rate apartments and 28 workforce units reserved for households at or below 80% of area median income.

The project includes a full amenity package — pool, fitness center, and on-site services — and is designed to connect into the city’s trail network, a feature City Council members praised during the approval process. Traffic mitigation in the historic Beaumont neighborhood, including coordination with SCDOT on North Pine Street and Isom Boulevard, remains an active concern as design work progresses.

The 15-year tax revenue projection for the project shows growth from just under $100,000 in Year 1 to approximately $1.8 million annually by Year 15. The parcel currently carries little or no taxable improvement value, so the project represents a significant addition to the city’s tax base.

The development is listed in Spartanburg’s active project pipeline with status: Authorized. Watch for site plan submission and building permit applications as the next public-facing milestones.

*Source: [GatherGov Spartanburg Development Pipeline](https://gathergov.com/municipalities/spartanburg-sc/development-pipeline) | [CitizenPortal.ai](https://citizenportal.ai/articles/6588368/south-carolina/spartanburg-county/spartanburg-city/South-Carolina/Spartanburg-County/Spartanburg-City/City-approves-70-million-agreement-for-Beaumont-Mill-redevelopment-including-28-workforce-units)*