Mill No. 1

The No. 1 Mill project is the historic adaptive reuse of the 19th century mill building into a mix of apartments, offices and retail. The four-story brick building, which dates from approximately 1873 to 1918, is listed on the National Register of Historic Places. The Italianate building served as headquarters for Mount Vernon-Woodberry Mills, once one of the world’s largest producers of cotton duck.

Straddling about a third of a mile stretch along a pristine section of the Jones Falls stream in northern Baltimore City, the site offers a unique but central location. It offers access to the Jones Falls expressway, light rail station and Baltimore Amtrak Station and proximity to the John Hopkins University and Maryland Institute College of Art Campuses.

Mt. Vernon Mill’s location along the Jones Falls stream provides the unique opportunity to create a “green” center focused on environmental issues including stream restoration, land conservation and ecological enhancements so important to the tributaries of the Chesapeake Bay. This green center will include an on-site classroom providing educational opportunities focused on the restoration of Baltimore’s waterways, marketing to office tenants whose work is focused on environmental issues, and a partnership with a neighborhood Baltimore City charter school to provide educational and internship opportunities to students.


Development Type
96 Residential rental units, 40,000 SF office, 9,000 SF rental
Number of Units
92 (20% affordable)
Development Cost
Baltimore, Maryland
Project Start
December 2011
Project Complete
June 2013
Development Role
Financing Consultant
Unit Mix
96 Residential rental units, 40,000 SF office, 9,000 SF rental
Alexander Design Studio
Kinsley Construction
Terra Nova Ventures
Terra Nova Ventures
Bank of America
Bank of America

What Others Are Saying About Us

We were aspiring to take one of our HUD projects through a LIHTC transaction to receive much needed rehab of a senior building in Detroit.  We weren't equipped to handle the process ourselves and not knowing where to turn, CCA came highly recommended by a colleague.  We haven't looked back since.  David Prout and the CCA team guided us and the nonprofit owners through the full development process.  They took the worries out of our hands and led us down the path.  Their vast knowledge of the LIHTC process; working with he governmental agencies; obtaining LP investors and the smooth construction process during the tenant in place rehabs were over the top.  They are true leaders in the industry.  We have since taken three other projects through the process and another in the pipline.