Davidson alum’s $1M gift will help turn old mill into entrepreneurship center

Exterior-Delburg-Rendering_350px_1493252707085
The former Bridgeport Fabrics mill on Delburg Street in Davidson will be turned into The Hub@Davidson. (Davidson College)

Davidson College says a $1 million donation from alum Ed Van Deman, CEO of Financial Navigator Inc., and his wife Dr. Nancie Fimbel, will pay for initial renovations on the old Bridgeport Fabrics mill on Delburg Street, near campus.

The building will become The Hub@Davidson, an entrepreneurship center. It will have classrooms, research and creation spaces for the college and partner companies and organizations, the college said. Workers gutted the 1920s building this summer.

Read more on the Davidson College website, Davidson.edu

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One thought on “Davidson alum’s $1M gift will help turn old mill into entrepreneurship center

  1. Question – Will the college be paying any sort of property taxes on this piece of property? If so what would the percentage be in comparison to the property taxes paid by other businesses and homeowners.

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