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Mill Reuse Potential The Draper Mill Complex Hopedale, Massachusetts, Center For Economic Development

Center for Economic Development Technical Reports

The purpose of this study was to determine the reuse potential of the 1. 7 million square foot Draper Mill in Hopedale, Massachusetts. The study was undertaken at the request of the Hopedale Industrial Development Committee. Their goal was to develop a means of diversifying the community's tax base. When the Draper Mill was in full operation approximately sixty percent (60%) of the Town's taxes were paid by the Mill. Today, with the Mill empty, ninety percent (90%) of the Town's taxes come from residential uses. The Committee sought to develop a means to diversify Hopedale's tax base and thus …