Canton Approves Land Purchase for Wastewater Treatment and Mill Site Redevelopment
Canton's governing board approved a land purchase agreement with Two Banks Development LLC to acquire 52.1 acres of the former Pactiv Evergreen paper mill site. This includes immediate control over the chip yard and distribution center, and plans for a new wastewater treatment plant by 2031. The purchase aims to secure Canton's wastewater infrastructure and facilitate the redevelopment of the site following the mill's closure in 2023. The total cost of the land acquisition is $14 million, funded by a state appropriation.
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Canton's governing board has approved a land purchase agreement with Two Banks Development LLC for 52.1 acres of the former Pactiv Evergreen paper mill site, including the chip yard and distribution center. The acquisition, costing $14 million, aims to secure wastewater treatment infrastructure and facilitate redevelopment after the mill's 2023 closure.
A new municipal wastewater treatment plant is planned to be operational by 2031. The town will maintain control over future development, addressing environmental concerns and ensuring compliance with regulations through North Carolina's Brownfields program. The first closing is set for March 24.
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