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Council approves six‑month extension for Loray Mill Phase 2 incentive agreement
Gastonia City Council · October 15, 2024
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Summary
Council approved an amendment to the economic development agreement with TriBridge Residential to extend the start deadline by six months for Loray Mill Phase 2 (West Wing) and to move the project completion date to July 1, 2028; developer cited permitting and design steps.
Gastonia’s City Council voted Oct. 15 to amend the economic development agreement with TriBridge Residential (Traverse/Tribridge) to give the developer additional time to begin work on Loray Mill Phase 2.
Economic Development staff said the original EDA required the…
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