Wake Forest Innovation Quarter sits on 145 developable acres and is home to more than 60 companies and 24 institutional organizations. Constant improvements are shaping what is one of the fastest-growing urban innovation districts in the United States.
Bailey Power Plant
Estimated completion: end 2017
Dormant for almost 20 years, Bailey Power Plant will soon feature more than 110,000 square feet of inspiration office, retail and entertainment space. Its vibrant outdoor spaces will complement Bailey Park across the street.
Long Branch Trail
Construction: Charles D. Lowder, Inc. (Phase I); Smith-Rowe LLC (Phase II)
Estimated completion: end 2016
Residents, workers and visitors of the Innovation Quarter will soon be able to enjoy miles of publicly accessible greenway space in order to walk, run or bike outdoors. Once complete, the Long Branch Trail will link with Salem Creek Greenway, making it possible to complete a more than 20-mile loop from the north end of the Innovation Quarter.
Plans also call for a pedestrian bridge and plaza over Fogle Street (seen below).
Link Apartments® Innovation Quarter and P1 Parking Deck
Developer: Grubb Properties
Estimated completion: Late 2017 (parking deck)
Early 2019 (residential/retail)
Grubb Properties will develop residential housing and a variety of retail spaces wrapped around a shared parking deck, adding to the laboratories, offices, entertainment and common spaces already making Wake Forest Innovation Quarter an exciting destination for people to work, live, learn and play.
The shared parking deck will provide expanded parking for residents, employees and visitors to the Innovation Quarter. The apartments and retail space will wrap around the parking deck, optimizing parking capacity, presenting a visually pleasant streetscape and enhancing the vibrant mixed-use neighborhood.
757 North apartment complex
Developer: Laurel Street Residential
Estimated completion: Spring 2017
Laurel Street Residential will bring this four-story, 115-unit complex featuring workforce housing-level rents to the corner of North Patterson Ave. and Martin Luther King Jr. Drive. The complex will have studio, one- and two-bedroom units with amenities that include a fitness center, a yoga studio, a game room and a patio with grilling areas.