80.4
Percentage of Lowell’s 5.1 million square feet of mill space (as of 1970) that is now redeveloped.
2,000
Number of housing units created by mill redevelopment in Lowell
$2.4 million
New property tax revenue Lowell has collected since 2000 from downtown building conversions (not just mills)
95 percent
Rate of occupancy of converted factory buildings in downtown Haverhill
850
New downtown Haverhill residents since factory redevelopment
$557,000
Approximate new property tax revenue from new downtown developments in Haverhill (residential and commercial)
More than 1 million square feet
Amount of mill space redeveloped in Lawrence in the past eight years.
$800,000
Approximate amount of new property tax revenues from recent mill developments in Lawrence.
SOURCES: Adam Baacke, Lowell assistant city manager and director of planning and development; Patrick J. Blanchette, Lawrence chief economic development director; James J. Fiorentini, Haverhill mayor; James W. Igoe, president, Preservation Massachusetts.