Prudden Wheel Lofts
Council Action
Supported an NEZ designation (2024) for adaptive reuse of the historic Prudden Wheel factory into residential lofts.
Fiduciary Considerations
Feasibility for large-scale historic conversion • tax-base implications under NEZ • execution risk and delivery accountability • neighborhood stabilization through added residential density and preservation
Result
Enabled adaptive reuse, delivering 100+ loft-style housing units with sustainability features.
