Longridge construction company Walter Carefoot and Sons is well on with its new development of 11 residential units in Victoria Street, Longridge.
The development will add to Carefoot's extensive property portfolio, which extends throughout the North West, and will offer a mixture of three bedroom semi-detached and terraced properties and two bedroom apartments which will be available to let.
Managing director Colin Carefoot said: "Six of the houses are being built where a previously unused storage shed belonging to Carefoot stood, whilst two semi-detached properties and three two- bed apartments are being created out of the Victorian mill which used to manufacture bobbins for the local cotton mills when the industry was in its heyday.
"The mill has also lain empty for many years, so it is good for the town of Longridge that affordable housing is being created whilst retaining the heritage of the town."
Part of the two-storey bobbin mill was destroyed by fire in 1906 and that section was rebuilt with an additional floor.
It is this part of the building which will be converted into three two-bedroom apartments.
The original chimney from the mill was deemed unsafe and was demolished some years ago.
The project is well underway and the new build houses will be ready for occupation in the new year, with the mill conversion scheduled for completion in early February, 2012.