The mill's been in industrial use for more than 100 years, including for its original use for textiles, as well as the burning and storing of coal, machining, storage and for aluminum anodizing, which is responsible for most of the contamination found on the site.
Code Enforcement Officer Thomas Romaniak told the Board of Health on Wednesday that the business storing the full dumpsters on the 115 Howland Ave. property has moved most of them to a different location it also leases.
Simeon Bruner of Cambridge Development Corp., and principal of Bruner /Cott Architects, has offered $465,000 for the historic mill with the pledge to invest a minimum of $400,000 on facade and capital improvements within the next three years.
Local developer David Moresi envisions filling the former Excelsior Mill on Roberts Drive with a thriving community of entrepreneurs, businesses and artisans.
He expects to make announcements in the coming weeks about new tenants that are already in the works and will begin aggressively marketing the complex.
The new owners of the historic Sheaffer-Eaton mill, now known as the Clocktower Building, are looking to modernize the entire building to fit today's business needs.
The building whose anchor tenants include the Berkshire Eagle and Berkshire Health Systems was purchased by Scarafoni Associates under a new holding company Clocktower Partners LLC. for $1 million. In the next few years, the company is looking to invest millions into it to attract small businesses.
Developer David Carver has purchased the Clock Tower building on South Church Street.
The building houses the Berkshire Eagle and a number of offices. Recently, the Eagle was told by Media News Group to a team of investors but the building remained in the hands of the the parent company Digital First Media. Carver, in part of a new enterprise Clock Tower Partners, LLC. has purchased the building an has plans for a multi-year renovation.
It took 14 years to turn a decrepit hulk of a mill into 61 luxury housing units.
The project was halted by, among other things, the economic crisis of 2008 and sometimes seemed like a victim of bad luck.
But it was a stroke of good luck that sparked the Cable Mills project.