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🏗 TriBridge advances $46M Loray Mill Redevelopment


TriBridge Residential (who recently acquired GBA Investor Loray Mill) is advancing the second phase of the redevelopment project in Gastonia, with plans indicating a minimum investment of $46 million. The proposed next phase involves creating 196 residential units, including apartments within the mill building and new-construction townhomes/cottages along South Vance Street.

The project includes creative office space, the upfitting of property for a leasing office and clubhouse, spanning 161,760 square feet. TriBridge aims to complete this planned work by the end of 2025, as outlined in a March 2023 presentation.

Go deeper: If you would like to read more about this project, please click here.

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