County Approves Tax Breaks for Equinox Mill Development
Tuesday, October 5, 2021 at 8:39PM Greg Wilson/Anderson Observer
Anderson County Council on Tuesday gave initial approval to a deal to provide tax incentives to a company which has purchased the old Equinox Mill site for development.
M Peters Group of Greenville will clean up the site, which has been in rubble for years, and build apartments, town houses, parks and other amenities on the property off Jackson Street as a part of a $31.5 million investment in the location.
“M Peters Group was selected to move this project forward,” said Anderson County Administrator Rusty Burns. “They were chosen for their work on other similar projects, such as the Newry Mill renovation.”
Burns said initial plans for cleanup are already under way. He added that the development would be built in stages, with timeline goals to be determined. If these agreed upon goals are not met, the property would revert back to the county.The plans include 120 low-income (60% AMI) multi-family units and 26 single-family homes, a playground, a community garden, a dog park, a trail and retail development.
“This is a great thing for that area,” said Anderson County Council Chairman Tommy Dunn. “It’s been a long time coming.”