CITY OF NEWBURGH — A $2.7 million project to turn a former spring factory into a multi-use facility at 109 South William St. could be finished as soon as next spring.

"That investment will be very substantial and, perhaps, a game-changer for that area of South William Street," Newburgh City Manager Joe Donat said at the Sept. 9 City Council meeting when noting the completion of the long-awaited sale.

BOM Newburgh LLC, an entity created by R.L. Baxter Corp. of Poughkeepsie, closed on its $75,000-purchase of the nearly 125-year-old property on Aug. 29. The City of Newburgh purchased the property in 2017 and had six applicants respond to a request-for-proposals to redevelop the property more than a year ago.

The lower level of the building will feature a coffee shop and coffee roaster, as well as two live-work apartments, Baxter Project Manager Katelyn Amaral said Tuesday. The second story will have more offices and temporary, rentable work spaces. Seven market-rate, one-bedroom and studio apartments will be constructed on the top floor.

Staples and Hanford built the three-story, 21,155-square-foot structure in 1895 to house the company's business that manufactured springs for carriage cushions, seats and upholstered furniture. Because of the building's past, project leaders have named the new endeavor Wireworks, according to Amaral.

BOM Newburgh LLC and Baxter's partners on the project include Sisha Ortuzar, a Town of Newburgh restaurateur who co-founded the Wichcraft sandwich shops in New York City and also opened the Riverpark restaurant and an urban farm in the city, and Mapos, a team of architects and designers based in New York City.

Amaral said construction will most likely finish by late April or early May.