Developer pledges condos at Cannon Knitting Mills will be done in next 3 years After more than a decade of uncertainty, the Cannon Knitting Mills are expected to become condos with tenants in the next two or three years, says the developer who has owned the property since 2016. Social Sharing Coun. Jason Farr and some locals are skeptical, but Harry Stinson says he will build, not sell Posted: Jan 18, 2021 4:00 AM ET | Last Updated: January 18 The Cannon Knitting Mills is a collection of buildings that started as a foundry and became the Chipman-Holton Knitting Company in 1902.