The Mill is part of the Albion Quay redevelopment scheme on the waterfront, and was built at a cost of £42 million and was designed by John Lyall Architects and was proposed to be the 'landmark' building of Ipswich.

The main tower was designed to make the building visible from the town centre, and is constructed out of concrete, cladded with white polystyrene tiles with splashes of colour to create a landmark of Ipswich.

The base of the building is home to the highly successful Jerwood Dancehouse, which is cladded in dark zinc panels.

[4] In 2023, residents of The Mill protested outside of RSM UK's offices in Bury St Edmunds, the building's former administrators, due to unresolved cladding and structural problems.

[8][9] In October 2013 The Mill was subject to gale force winds causing damage which resulted in a road closure and criticism of the building's design.