555 McFarland Avenue

Rossville, GA 30741

Site Video

Overview:

The property:

Built in the early 1900s, Peerless Wool Mill is considered to be one of the oldest and largest mills in the region. At its peak, the mill employed around 3,000 people and had a full-size gymnasium to accommodate the mill’s semi-pro basketball team. The mill was a leading producer in the textile industry and manufactured a variety of textile products, most notably the wool blankets for soldiers during World War II. Peerless Mill was largely shut down in the late 60s after a portion of the factory caught on fire.

The redevelopment of this site, which will serve once again as the community town center, will revitalize the city of Rossville. Peerless encompasses approximately 1.5 million square feet on 32 acres only 10 minutes south of Downtown Chattanooga.

Phase 1 will focus on bringing new tenants to immediately begin activating the site. These tenants include light industrial, storage, and an anchor brewery. Other activation will take place through food trucks, festivals, and temporary studios for film, photography, and music. A dog park and outdoor sports court are targeted for the end of Phase 1.

Phase 2 will begin to transition The Mill into a mixed-use hub for the city of Rossville and the greater Chattanooga area. Retail, residential, event and fitness components will be introduced to make the site a live work community for its residents.

Phase 3 will focus on bringing tourism and office components to The Mill.

At the completion of the final phase, Peerless Mill will serve as a walkable, mixed-use town center for the city of Rossville.

The Opportunity:

Ownership will be delivering spaces in as-is condition, so tenant will be responsible for any and all renovations to the spaces. However, landlord is offering rents at well below market rates and up to 1 year of free rent for qualifying tenants.

Contact:

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