City spins multiuse complex from mill.

• Position: Western - Forest City - Burnt Chimney Square - Brief Article

Forest City bought a 100-year-old textile-mill complex on 9 acres downtown and plans to turn it into condominiums, shops, restaurants, a performing-arts center and a textile museum. The city paid $300,000 for Florence Mill, which was owned by Cone Mills and closed in 2001. Tentatively called Burnt Chimney Square, the project will take several years to complete and will cost about $20 million...