The West Mill is the fourth and final phase of the rehabilitation of the Boott Cotton Mills, a 19th century brick structure. Other phases of the property, listed in the National Registry of Historic Places, consist of: the National Park Service's Boott Cotton Mills Museum; the Tsongas Industrial History Museum; a 90,000 sf multi-tenanted office building; and, a building which is being converted into 154 residential units.

"We were attracted to the well-conceived redevelopment plan offered by the development partners," says Peter J. Fioretti, CEO of Mountain Funding. The West Mill rehabilitation project recently received site plan approval and a special use permit from the city that will allow the developers to accelerate the planning and design of the property. Construction of the loft-style residences is expected to begin later this year with the delivery of first units in mid-2005. Mountain Funding is headquartered in Charlotte, NC with additional offices in New Jersey, California and Florida.