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James Cunningham, a partner at Worcester-based tax consultants Cunningham & Associates, LLC, gained planning board approval on Jan. 4 to convert part of an historic mill on Clinton’s Main Street into a mixed-use commercial building with 147 residential units, Cunningham confirmed in a phone interview.
Historically known as the Bigelow Carpet Company Woolen Mill and built in the mid-1800s, the property would be renamed Jack’s Mill in the proposed project.
Cunningham has proposed a three-phase development project for the former Bigelow Mill, which will include 17,800 square feet of commercial space for petcare, personal services, and a restaurant.
During the Dec. 7 meeting when the project was pitched, the planning board voiced concerns about the placement of a parking exit, which would be located close to a busy intersection. At a follow-up meeting on Jan. 4, the project was approved.
There are 7,500 square feet available for lease at the mill, according to listing site LoopNet, marked at an annual rent of $10 per square foot. A few businesses are in the process of moving into the building, as well as a few new businesses which have not yet opened, Cunningham said.
The housing units will be a mix of market-rate and affordable, said Cunningham.
The project sprawls across 474, 476, 490, and 500 Main St., totalling nearly 150,000 square feet of the mill, according to the Clinton assessors’ database. Together, the properties are assessed by the Town of Clinton at $1.9 million.
Jeffrey Cunningham, executive director at Cunningham & Associates, is the registered manager of Jack’s Mill, LLC, which owns 500 Main St. The entity purchased the property for $726,000 in September, according to the Worcester South District Registry of Deeds.
Cunningham & Associates has a real estate development branch known as Cunningham Equities. The firm has another project in Clinton renovating 55 Sterling St. into 39 residential units, per its website.
The other three properties included in the project are owned by JD Commercial Properties LLC, which is registered to James Donovan, who bought them between 2003 and 2005.
According to Cunningham’s planned phases, renovations will begin in January and finish in March 2023.
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Worcester Business Journal presents a special commemorative edition celebrating the 300th anniversary of the city of Worcester. This landmark publication covers the city and region’s rich history of growth and innovation.
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