|Glencoe Mill Village|
Glencoe Mill Village offers a unique glimpse of a 1880s cotton mill and village. The 105-acre site along the Haw River includes the mill complex, 32 extant houses, 10 building lots where houses once stood, the mill store, office, lodge and other associated buildings. The site is of great historical and environmental significance.
A Special Place
Glencoe is an exceptional historic preservation project because it also encompasses major conservation and environmental components.
PNC's recent work with mill properties like Glencoe is in response to recent transformations in North Carolina's economy. The state's industrial base is evolving in response to changes in the global economy. Giant factories built at the turn of the last century are being vacated at a dizzying pace. The rehabilitation of Glencoe Mill can show by example how abandoned mills can turn into economic engines for their communities.
Glencoe is truly a special place. The site includes nearly a mile of frontage along the Haw River (including 2600 feet of undeveloped frontage) and is home to beaver, deer, groundhog, raccoon, and other species common to riparian areas in the Piedmont. When Glencoe is completed, planners, preservationists, journalists and others interested in neighborhood revitalization will study Glencoe's revival and how it can be replicated elsewhere.
History of the Site
Impact of PNC's Glencoe Investment
The revitalization of Glencoe Mill and Mill Village will directly contribute more than $10 million into the economy of Alamance County. In addition to the restoration of the existing buildings, ten new infill houses will be built under tight design review. Mill villages such as Glencoe Mill Villages incorporate many of the elements espoused by New Urbanists: being compact, walkable communities; having mixed uses; being comprised of houses with front porches, etc. And yet, as existing communities, their environmental impact is substantially less than new development since less land is consumed.
Local preservationists dream of a museum village where visitors can learn about textiles' influence in the post-war South. Many Southerners have ancestors who worked in the textile industry, and Glencoe's authenticity and its location close to major transportation links will enhance its popularity as a destination.
As of December 2007 Glencoe Park, which covers the river frontage along the Haw River, was at 24 acres, with expansion and improvements planned.