10/11/18
PRESS RELEASE

MAGNET MILLS SITE TO BE SOLD
In a special report today.. Clinton Mayor, Scott Burton announced that an “Agreement to Purchase” has been made for property along Charles G. Seivers Blvd.


The Mayor’s press release says:

A community conscious Knoxville developer has entered into an Agreement to Purchase the former Magnet Knitting Mills site, which has been a topic of conversation, debate, and contention in the Clinton area for several years.


While the current owner has obtained a permit for the demolition of the existing two-story brick building, the potential new owner has another multi-use vision for the site.


Upon completion of the sale and the transfer of the property to the new owner, the City of Clinton will work with the Knoxville owner/developer to rehabilitate the site for future live-work, retail and commercial use. This rehabilitation would include the renovation of the existing building and preservation of Clinton’s downtown.


Mayor, Scott Burton
City of Clinton