The Cherokee Office of Economic Development was honored with the “Deal of the Year,” award for its work on The Mill on Etowah mixed-use project under construction in Canton.
The adaptive re-use of the historic, century-old Canton Textile Mill No. 1 at 141 Railroad St. houses the manufacturing plant of Reformation Brewery, as well as a tasting room. When it’s completed the mill will house retailers, restaurants, office space and residential units.
The Georgia Economic Developers Association recognized COED for an “outstanding achievement in the location/expansion of business in Georgia” at an awards program on Monday. COED was recognized for The Mill on Etowah project that started taking shape in October 2018 when the anchor-tenant — Reformation Brewery — was announced.
“We are honored to receive the 2019 Georgia “Deal of the Year” Award for The Mill on Etowah,” said COED Chairman Marshall Day. “Thanks to the hard work, vision, and persistence of developers Penn Hodge and Grant Schmeelk, along with the city of Canton, The Mill on Etowah is soon-to-be one of metro Atlanta’s newest destinations.”
Representing Gov. Brian Kemp, Gretchen Corbin, president and CEO of The Georgia Lottery Corp., presented the award to COED President Misti Martin, the project developers, along with a number of other Cherokee County officials.
The initial estimated economic impact of the deal was $15 million, COED said Thursday in a news release.
“But at build-out, the development plans for an additional 350,000 square feet of hospitality and supporting residential space, bringing the capital investment up to $65 million,” the release stated. “Keys to making this trailblazing project happen was the community’s ability to meet the expansion needs of a local, entrepreneurial brewery, Reformation, and also assist other existing companies find new space. This project will create a network of revitalization in the area leading to a quality of place, not seen before.”