WinnDevelopment executives and the Argus Ellison Development team of Owen Tonkins and Daryll Tyson joined with Paterson Mayor André Sayegh and a host of New Jersey leaders to celebrate the start of construction on a $26 million project to develop 74 units of affordable housing centered around the site of the 19th century Argus Mill in Paterson’s Great Falls Historic District.
“With the support of city and state officials, the Argus Ellison development will showcase that it is possible through strong public-private partnership, historic adaptive reuse and catalytic state financing to meet Paterson’s pressing need for affordable housing,” said WinnDevelopment Vice President David Ginsberg.
