Greylock Works Transforming Mill with Help from MassDevelopment

MassDevelopment has provided a $1.1 million loan to Greylock WORKS LLC, the developer of the Greylock Mill, a former cotton-spinning mill campus in North Adams that Greylock WORKS is transforming into a mixed-use commercial development. The organization will use loan proceeds to continue renovations of the Weave Shed, which includes a 26,000-square-foot event venue and commercial kitchen where the owners have been producing regional festivals and dance parties, as well as hosting weddings and other private events. “The Baker-Polito administration has created a toolbox of flexible resources to support significant opportunities for economic growth in municipalities across the Commonwealth,” said Housing and Economic Development Secretary Jay Ash. “North Adams and the team behind Greylock WORKS have successfully layered multiple funding sources and tools to undertake a transformative development, which will create new jobs, attract visitors, build housing, and become an asset for the entire region.”

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