Lawrence, MA—With so much emphasis today on the adaptive reuse of abandoned commercial buildings, the transformation of an historic mill into upscale condominiums would not be headline news. Yet in the case of Monarch-on-the-Merrimack, the project’s developers are giving it a new twist: the structure will be redeveloped using green building principals.

The $200-million, 1.3-million-sf project will incorporate between 600 and 700 residential units and 100,000 sf of retail footage into the former Wood Mill, built here in 1905. One of the city’s landmark structures and a visible reminder of its industrial past, the mill, which has nearly 30 acres under one roof and is a third of a mile long, was once considered “the eighth wonder of the world.”

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