The Highland Park Mill was once the heart of a thriving mill village community. However, after them mill’s closure the property became a blight on the neighborhood. In 2002 the abandoned mill was purchased by Landmark Asset Services for redevelopment.   The project was financed with State Revenue Bonds, Historic Tax Credits, Housing Tax Credits and a mortgage guarantee from FHA/HUD 221 "d4." The redevelopment of the Highland Park Mill represents a new investment totaling $13 million dollars for the area and provides 116 new housing units for seniors. The Rock Hill Housing Authority manages the project and the York County Council on Aging has moved their offices into 12,000 SF of activity space for project tenants and community events.

The City of Rock Hill has developed a Master Plan (pdf 2,979 KB) for the neighborhood surrounding the Highland Park Mill which includes a number of recommendations, including this rendering for one of teh key intersections in the neighborhood.