Preservation Greensboro calls it “the most substantial preservation project in the history of the Greensboro.” http://preservationgreensboro.typepad.com/weblog/2007/12/index.html
In keeping with the tradition of the Cone Mill philosophy, the Revolution Mills is compared to a "city-within-a-city," incorporating nearly one million square feet of mills and warehouses. It is a movement toward a new era in Greensboro development, one in which a diverse range of tenants forms a mutualistically beneficial community.Revolution Mills originally opened its doors before the turn of the 20th century. Like all of the Cone Mill sites this flannel factory was approached as a self-sufficient community- almost utopian in scale. There were villages, wellfare centers, YMCA's and recreation provided for employees.
Unfortunately, during the 1970s and 80s, Cone Mills was losing business to overseas markets and a flood of imported textiles. Regardless of the attempt to minimize their losses with a “Crafted with Pride in the U.S.A.” pr campaign, Cone Mills was forced to shut down Revolution Mills along with its sister mills, Proximity Cotton Mills, Print Works, and Minneola Mill. (www.fundinguniverse.com/company-histories/Cone-Mills-LLC-Company-History.htmlhed the Tabardrey Manufacturing Company.)
Revolution Studios, LLC got ahold of the building in 2003 and began renovations for commercial office space. The approval of Historic Preservation tax credits gave the project an exponential boost in funds and brought the project to a whole new level. Today it houses over 90 businesses, offers its tenants social as well as professional networking opportunities, and a chance to cross-polinate in a way never conceived before in one location in Greensboro.
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