RDE, International Paper strike deal to redevelop former Georgetown paper mill site

River Development Equities (RDE) and International Paper have announced an agreement to redevelop the former Georgetown mill property, which closed in 2024. The plan focuses on economic revitalization, job creation, and preserving the historic character of Georgetown’s waterfront while introducing new hospitality, residential, industrial, and commercial uses. RDE will also establish its state headquarters on-site, with a commitment to community engagement and sustainable land use.

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