Latest Trump Announces 3-Day Russia-Ukraine Ceasefire with 1,000-Prisoner Swap Starting May 9
61°F Clear · Spartanburg
SPARTANBURG, SC · UPSTATE EDITION · TUESDAY, MAY 12, 2026
HERE City Network
HERESpartanburg
Spartanburg, SC — Upstate Edition
HEAR HERE Not News Yet. But What's Being Said.
← Back to Business Hub
DEVELOPMENT

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

April 19, 2026 at 7:09 am · GatherGov Spartanburg Development Pipeline | CitizenPortal.ai

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.

HERE CITY BUSINESS DIRECTORYOwn a business in Spartanburg? Get listed HERE.Free basic listing. Premium features available.
ADD YOUR BUSINESS →

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 | CitizenPortal.ai

HEAR HERE SPONSOR Your Brand Here — Be the brand Spartanburg's business insiders see first. Exclusive HEAR HERE placement. CLAIM THIS SPOT →
HEAR HERE · Developing

This is a developing business brief based on verified sources. Information may be incomplete. If you have additional details or corrections, add them in the comments below or contact our newsroom. When this story is fully confirmed, it will be published as a full article.

What Are You Hearing?

Add tips, context, or corrections. Help us get the full story.

SK
Sandra Kight
3 weeks ago

275 units is a meaningful number. Spartanburg's vacancy rate downtown has been extremely tight, and this kind of supply addition — especially with 28 workforce units — addresses a real affordability pressure. The trail connectivity piece is smart planning.

DM
Dale Moorefield
3 weeks ago

The 15-year revenue projection going from 00K to .8M annually is the story most people will miss. That's a transformed parcel with minimal current value turning into a significant recurring tax contributor. This is exactly the type of deal the city should be doing.

BJP
Bobby Jean Poole
3 weeks ago

I grew up near Beaumont. That mill sat vacant for so long it became invisible. Seeing it turn into something real — apartments, trails, amenities — while keeping the brick structure is what responsible development looks like. Taft and Gibbs did their homework on the neighborhood.

EV
Elliott Voss
3 weeks ago

Site plan submission will be the next key milestone to watch. Once that's in the public record you'll see the real layout, how trail connectivity works through the property, and the traffic calming measures on North Pine and Isom. That's when the neighborhood conversations get specific.

RO
Renata Osei
3 weeks ago

The workforce housing component is important but 28 units out of 275 is only about 10%. Worth asking whether future developments in this corridor can push that ratio higher. The CDFI component with Carolina Foothills FCU nearby could create an interesting local financing ecosystem.

P
PropertyWatch
3 weeks ago

275 apartments in that location changes the entire neighborhood dynamic. Schools and infrastructure better be ready.

M
MillHistoryBuff
3 weeks ago

Beaumont Mill is one of the most historically significant sites in the county. Glad they're redeveloping rather than demolishing. 0M is serious money.

RW
Renee W.
3 weeks ago

Will any of these units be affordable housing or is it all market rate? That's the question nobody seems to want to answer.

B
BuilderBob
3 weeks ago

Taft and Gibbs has a solid track record with adaptive reuse projects. The permitting timeline will be the bottleneck as usual.

CV
Connie V.
3 weeks ago

My grandmother worked at Beaumont Mill. Amazing to see it getting a second life. Hope they preserve some of the original character.

Share What You Know

Your comment will appear after a quick review. No spam, no speculation — verified tips and firsthand knowledge only.