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Monument Companies Announces $80 Million Project to Remediate and Revitalize Former Interwoven and Perfection Properties

11/3/2021

The City of Martinsburg, Berkeley County Council, and Berkeley County Development Authority are pleased to announce agreements-in-principle with Richmond, Virginia-based Monument Companies to remediate and revitalize the former Interwoven Mill and Perfection Garment Company sites spanning almost twelve acres of downtown Martinsburg.

The resulting project will be a mixed-use, historically-sensitive development of approximately 370,000 square feet to deliver in three phases. Over time, this $80 million project will yield over 5,000 square feet of new commercial space and approximately 387 market-rate residential units in the urban core of Martinsburg.
“For many years, these garment mills drove Martinsburg’s economy. But times change, and these long-vacant sites have been trouble spots for Martinsburg that the City Council, staff, and I have worked hard to address,” stated Martinsburg Mayor Kevin Knowles. “The City is pleased to work with a development team of Monument’s experience and capacity to revitalize these important sites in our community.  This project will be transformative. I thank Monument for its investment and City Council, Martinsburg’s staff, and our many partners for making this project happen.”

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