Oxoboxo Lofts

Montville, CT

Dakota Partners’ adaptive reuse project, Oxoboxo Lofts, will transform an historic turn of the century mill and approximately 100,000 square feet of industrial space into 72 – studio, one- and two- bedroom apartment homes. Located in Uncasville, CT and bordered by the Thames River, the former cotton and textile mill will truly provide housing opportunities for all segments of the local market, including market rate apartments, workforce housing and affordable opportunities.

The project has been awarded federal and state historic tax credits and low income housing tax credits to support the restoration and conversion of the former mill. Extensive building improvements planned for the existing historic structures include new windows, roofs and HVAC systems. Additionally, the iconic smokestack that acts as a beacon for the Thames River will be restored and remain a distinctive landmark in the community. All rehabilitation will be completed under the guidelines of the CT State Historic Preservation Office and the Department of the Interior.

Upon completion, the community will boast a variety of amenities for future residents including a community clubhouse, fitness center, basketball court, playground and on site management and resident services. The proximity to Interstate 395 and local amenities including shopping, dining and entertainment makes the centrally located community convenient for ease of living.

To inquire about leasing or more project information, contact oxoboxolofts@vestacorp.com

Completion: 2024

Total Development Costs: $32.3 million

Financing Partners: DECD, CT Department of Housing, Bank of America, N.A, Banc of America CDC Special Holding Company, Inc., Eversource Energy, MHIC, BlueHub Capital, Lower Roxbury Community Corporation

Financing: LIHTC, Federal Historic Tax Credits, State Historic Tax Credits