City of Rock Hill Receives 2025 Excellence in Economic Development Awards for The Thread and University Center Projects
Post Date:08/21/2025 8:30 AMThe City of Rock Hill received two 2025 Excellence in Economic Development Awards from the International Economic Development Council (IEDC). The Thread and University Center projects were recognized in the categories of Real Estate Development & Reuse and Public-Private Partnership respectively.
The Thread was named a Silver Winner in the Real Estate Development & Reuse category. The Thread is a transformative adaptive reuse project revitalizing a 400,000-square-foot former textile mill into a vibrant community hub. Accomplished through a $106 million investment, The Thread is a collaborative effort among The Keith Corporation, Springs Creative, Springsteen Properties, and Capitol Broadcasting Company.
The Bleachery Redevelopment - University Center Final Phases earned the status of Gold Winner in the Public-Private Partnership. University Center development began in 2015 with the vision of transforming the former Rock Hill Printing & Finishing Company site, known as “The Bleachery,” into a vibrant mixed-use development. IEDC deemed this project as an excellent public-private partnership because of public ownership of the site, tenancy created by the Rock Hill Sports and Event Center, the facilitation of federal, state and local incentives to the developer, and the deployment of significant infrastructure – all done to leverage investment of over $220 million.
“The City of Rock Hill is leading the field of excellence in economic development with these projects. This award shines a spotlight on Rock Hill’s commitment to its community and showcases the significant impact of economic development,” said Nathan Ohle, IEDC President and CEO. “IEDC is honored to present this award to the City of Rock Hill to celebrate both their leadership and innovation in the field."
City of Rock Hill Mayor John Gettys added, “Regionally, we’re well aware of the significant impact The Thread and University Center developments have on our community—both with their storied pasts and the vibrant energy they’re bringing once again. It’s gratifying that industry leaders at IEDC also recognize these projects as being among the best of the best on a global stage."
Each year, IEDC honors economic development organizations, government entities, initiatives, and programs that consistently demonstrate excellence in the field. The honorees lead transformational projects that revitalize communities and advance the practice of economic development. IEDC is the largest economic development membership organization in the world with over 4,500 members.
