Magnolia on Main

M Fines

Denton Floyd Real Estate Group will begin rehabilitating the old factory next spring into an assisted living facility. The $12.5 million project will be transformed into 94 assisted living units and create 66 new jobs. Magnolia on Main is expected to open 14 months after construction begins. The development will help breathe new life into the area from M. Fine, 1420 Main St., to Vincennes Street in downtown New Albany. Below are the renderings for the redevelopment:

Magnolia on Main renderings