Monthly Archives: June 2016

City of Georgetown Seeks the Help of ULI with Redevelopment of Former Mill

Experts with the Urban Land Institute will meet with Georgetown area political and business leaders by early fall to plot a strategy for redevelopment of the former ArcelorMittal steel mill located adjacent to the coastal city’s historic waterfront district. The mill, situated on a roughly 60-acre parcel hugging the Sampit River, was shuttered about a year ago — the victim of cheap Chinese-made steel flooding world markets and declining demand for the wire rods it produced. The financially troubled plant, which opened in 1969, had experienced a series of shutdowns … Read More

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