In 1881, European immigrant Jacob Elsas built one of Georgia’s most successful late 19th century textile mills. Today it remains a proud and significant part of Atlanta’s industrial history. The Stacks continues the legacy of its founding visionary, evolving from cotton mill to a community of one-of-a-kind loft homes.
In 1881 the company had become known as the Fulton Cotton Spinning Company, adding a bag factory to the new site in 1882. By 1889, the operation became the Fulton Bag and Cotton Mill Company. A labor strike took place in 1914-1915.
The strikers demanded an increase in wages, a 54-hour workweek, and a decrease in the use of child labor. The strike ultimately failed.
Jacob Elsas played an instrumental role in the founding of the Georgia Institute of Technology. Elsas’ activities also extended to philanthropy and community growth. He was a major contributor to the founding of Georgia Tech and Grady Hospital. Jacob Elsas died in 1931 and is buried in a mausoleum overlooking the Cotton Mill in nearby Oakland Cemetery.
After years of declining operations, Fulton Cotton Mill finally closed its doors in 1978. The property languished for years and demolition loomed until the Cabbagetown community banded together and saved the mill from the wrecking ball. In 1997, Aderhold Properties began the renovation and redevelopment of the historic Fulton Cotton Mill into a community of 505 loft-style homes. It is now known as The Stacks at Fulton Cotton Mill, named for the mill’s still-standing smokestacks.