Wexford Science & Technology to Become an Independent Company
Wexford Science & Technology, LLC today announced that it has become an independent company, owned and operated by its existing management team. The change occurred simultaneously with the closing of Ventas, Inc.’s (NYSE: VTR) acquisition of Wexford’s real estate assets from Wexford’s former parent company BioMed Realty, L.P., an affiliate of Blackstone Real Estate Partners VIII L.P. Additionally, under the new agreements with Ventas, Wexford will continue to manage and operate the existing $1.5 billion portfolio of university-centric assets now owned by Ventas and lead joint development of future projects on the Wexford Knowledge Community platform.Read More
What’s Next for Downtown
It’s taken years to bring the bright lights back to Winston-Salem’s downtown skyline.
As recently as 15 years ago, downtown was often thought to be a busy workplace for professionals during the day, but at night, darkness was a main feature. Many places didn’t stay open after hours, and there were few things to attract folks who didn’t work downtown.Read More
They were there to pick up a custom fur chair. While they waited, a pair of art pieces caught their eye. “You’re welcome to take them home and test-drive them,” the shopkeeper said.
Arleen Martinez, an IT engineer with Hanesbrands Inc., and her husband, Rick Hendrix, owner of Pilot Mountain Insurance, had read about LoLo’s workshop in the May issue of this magazine. The shop was within walking distance of their loft, so off they went.Read More
Triad Minority Business Expo Held in Winston-Salem This Weekend
The 2016 Triad Minority Business Expo is expected to have hundreds of attendees this week.
The expo, which is free and open to the public, will be held from 10 a.m. to 3 p.m. on Saturday at Biotech Place in the Wake Forest Innovation Quarter at 575 Patterson Ave. in downtown Winston-Salem. It is presented by Maximum Enterprises Inc., a business consulting company in Winston-Salem.Read More
Our View: Medical Education Building Moves Us Forward
It’s another triumph for Winston-Salem and the Wake Forest Innovation Quarter — not to mention Wake Forest Baptist and a new generation of medical students.
The Bowman Gray Center for Medical Education in the innovation quarter welcomed its first students — about 480 of them — for classes on Monday. The medical education center, built from the bones of a former Reynolds American tobacco manufacturing plant, is a spectacular structure that will compliment the innovation quarter and our burgeoning downtown area.Read More
SciTech Program Prepares Campers for the Future
Most children kicked off their summer vacation a few weeks ago by ditching their books for the pool or the beach. But, for a select group of students who participated in this year’s’ SciTech summer program, the calming sounds of waves crashing onto the beach is nothing compared to the excitement of starting summer break in a fully functional science lab.Read More
Iconic Bowman Gray Statue Moving to New Home
The statue of Bowman Gray, the man recognized for bringing Wake Forest School of Medicine to Winston-Salem, will be moved from its current location in front of the School of Medicine on Hawthorne Road to its new home at the future Bowman Gray Center for Medical Education in Wake Forest Innovation Quarter. The move will occur at approximately 10:00 a.m., Saturday, June 25.Read More
SciTech Opens Doors for Minority, Low-income Kids in Science
Summer vacation will have to wait for about 100 elementary and middle school students in Forsyth County. These kids, campers at SciTech, would rather start their summer in the lab.
“SciTech is really fun,” said Nia Malachi, a rising eighth-grader at the Downtown School. “It’s nice to learn new things each day.”Read More
12th Annual Triad Juneteenth Festival Celebrates Freedom
Folks around the Triad are getting together to celebrate freedom at the 12th Annual Juneteenth Festival.
Juneteenth is the oldest-known observance of the abolition of slavery in the United States.Read More
Construction Underway on New Greenway Path by Wake Forest Innovation Quarter
Construction is underway on a new greenway trail on the east-side of downtown Winston-Salem.
Roughly a mile of the pedestrian and bike-friendly path is financed by the Wake Forest Innovation Quarter. The first phase focuses on the north side of East Third Street to Research Parkway then continues southward to Rams Drive and East Salem Avenue.Read More
Downtown Winston-Salem Revitalization Far From An Overnight Success
Revitalization efforts are going on in just about all major and minor cities throughout the South, if not the entire United States. While each has its own character and level of achievement, you’d be hard pressed to find a more vibrant and successful one than in our own Winston-Salem.
Downtown Winston-Salem is one of the liveliest areas in North Carolina and that energy gives the community the appearance of something new, something that just happened. Just like Rome wasn’t built in a day, the story of the area’s rebirth goes back decades… and it may have decades of work ahead of it, too.Read More
Organizers Nine-day Cycling Event Drew Thousands Who Boosted Spending in Region
A 10-day cycling event ended in Winston-Salem on Monday, drawing thousands of cyclists, spectators and concertgoers who organizers say generated extra business and lots of buzz for the city.
From May 21 through Memorial Day, Winston-Salem was the host city for over a week of racing and concerts that combined three pre-existing events — the Volkswagen USA Cycling Professional Road & TT National Championships, the USA Cycling Masters Road & Para-Cycling National Championships and the Winston-Salem Cycling Classic.Read More
A City on the Rise
In light of our 10th anniversary, we decided to look back at some of the biggest developments from the past decade. We’ll admit this isn’t a comprehensive look at the past 10 years—nor is it all hard-hitting news headlines. Instead, it’s a rundown of 10 ways the city positively evolved over the past decade.
Of all the local storylines we saw over the past decade, the biggest (in our opinion) stems from the 145-acre research park that’s rising on the eastern side of downtown.Read More
Big Goals, Big Hurdles Face Winston-Salem’s Future
A new report on the shrinking middle class sheds light on just how steep the challenge is as Winston-Salem leaders work toward their goal of putting the city among the Top 50 for job growth. … Leak sees the Wake Forest Innovation Quarter and the Whitaker Park projects as two “jewels” that can help Winston-Salem see a manufacturing turnaround.Read More
Gears & Guitars Coming To Winston-Salem
In the next couple weeks, the twin-cities will be taken over by people on two wheels!
The city is hosting the Winston-Salem Cycling Classic, a professional cycling event — and they have lots of events planned for people whether you’re a cyclist or not. Bill Oakes, a member of the organizing committee, joins Lauren Melvin this morning to talk about what’s in store!Read More
Winston-Salem Ranked as Top City to Start a Business
Winston-Salem was recently nationally ranked as a “best large city to start a business.” The study was conducted by Wallethub, an online source providing tools and information consumers and small business owners need to make better financial decisions and save money.
In order to help aspiring entrepreneurs — from restaurant owners to high-tech movers and shakers — maximize their chances for long-term prosperity, WalletHub’s analysts compared the relative startup opportunities that exist in the 150 most populated U.S. cities. They did so using 16 key metrics, ranging from businesses’ five-year survival rate to office-space affordability to educational attainment of the local labor force. Winston-Salem came in 11th overall out of 150 cities, and came in 3rd for the highest average growth of number of small businesses.Read More
Urban Health Centers: Tear Down This Wall
When I was growing up, my father, a now-retired anesthesiologist, would faithfully call home each evening before leaving work. “What’s it doing outside?” he’d ask, having spent his day in the windowless confines of operating rooms, fluorescent-lit hallways, and the hospital cafeteria. I never gave this question particular thought, but I’ve been reminded of it lately as we’ve been examining the role of urban medical and research centers in vibrant, innovative local economies, and how the physical geography of their campuses matters in this context.Read More
General Manager Talks About New Hotel in Iconic Winston-Salem Building
For more than 85 years, it’s stood like a fortress in downtown Winston-Salem. Some have called it the city’s architectural signature. When the RJ Reynolds Building opened in April of 1929, it was the tallest building in North Carolina. It was also the tallest between Baltimore and Miami.Read More
Construction Starts on Innovation Quarter Greenway
The Wake Forest Innovation Quarter announced the beginning of construction Thursday on the new greenway and rail trail that will run eventually through the entire length of Innovation Quarter.
The first part of the project is under construction from the north side of East Third Street to Research Parkway near Business 40, then south toward Rams Drive and west toward East Salem Avenue.
Our View: Bring on the Bailey Power Plant
We bet it was the iconic smokestacks. They couldn’t resist the smokestacks.
Wexford Science & Technology has bought about two-thirds of the iconic Bailey Power Plant to develop into commercial properties, the Journal’s Fran Daniel reported last week. This is, some feel, the final piece of the puzzle to complete the primary development of the Wake Forest Innovation Quarter.Read More
Wexford to Develop Portions of Bailey Power Plant at the Innovation Quarter
Wake Forest Innovation Quarter announced this morning that Wexford Science & Technology has bought portions of the Bailey Power Plant for a $40 million redevelopment project.
Wexford bought about two-thirds of the plant, which ceased operations about 20 years ago, for an undisclosed amount. The deal includes most of the plant’s surrounding grounds, including its iconic chimney stacks.Read More
Software Developers to Converge on Wake Forest Innovation Quarter this Weekend
Wake Forest Innovation Quarter will play host this weekend to the Triad Developers Conference, the second annual event focusing on software industry trends and topics.
Held all day in Wake Forest Biotech Place at 575 N. Patterson St., the conference will offer software developers and students access a range of speakers and panel discussions as well as hands-on learning.Read More
Work on Downtown Rail Trail to Start Soon
Work on a rail trail in the Wake Forest Innovation Quarter will start in March following approval of a contract for the work this week, city officials said.
By the spring of 2017 it should be possible to walk or bike through the Innovation Quarter from Martin Luther King Jr. Drive on the north down to Rams (Stadium) Drive, crossing over Seventh, Fifth, Fourth and Third streets along the way.
Eventually, the trail will connect to the Salem Creek Greenway that runs alongside the creek of the same name, making bike trips possible to Marketplace Mall on Peters Creek Parkway to the west and to Salem Lake to the east.
Forsyth Commissioners OK Money for Kailo, Extension for Innovation Quarter
The Forsyth County Board of Commissioners on Monday approved $42,900 in incentives for Kailo Services LC and amended an economic development agreement for Wake Forest Innovation Quarter.Read More
Forsyth Commissioners to Vote on Agreements for Kailo, Innovation Quarter
he Forsyth County Board of Commissioners will vote Monday on two economic development items — an agreement to provide incentives to a health care information technology company, Kailo LLC, and a resolution to revise an economic development agreement for Wake Forest Innovation Quarter.
Under a 2007 agreement, Forsyth County commissioners agreed to provide about $6.7 million to support a project to expand Piedmont Triad Research Park, now Wake Forest Innovation Quarter.Read More
Development of Bailey Park in Innovation Quarter Continues, Thanks to Local Support
Bailey Park, the common space carved out in the middle of Wake Forest Innovation Quarter, will get further enhancements, thanks to the support of companies and groups connected to Winston-Salem.
Plans call for a new entrance plaza including a water feature and a walkway connecting the upper and lower levels of the park, which sits south of Wake Forest Biotech Place within the downtown research park.Read More
Improvements planned for Bailey Park downtown
Bailey Park in Wake Forest Innovation Quarter downtown will get architectural and landscaping improvements in the first half of the year.
The enhancements, expected to be completed in April, include an entrance plaza with a water feature and a walkway that will connect the existing upper level of the park and the planned lower level.Read More
North Carolina remains in top 5 states for migration within U.S.
North Carolina proved a less popular place to move to in 2015, according to the annual United Van Lines’ report released this week.
North Carolina ranked fifth, down from third in 2014 and 2013. There were 6,149 inbound household shipments and 4,291 outbound for an overall inbound proportion of 58.9 percent, according to the report released Monday.
…Vitner said Greensboro and Winston Salem “have seen considerable economic momentum and improvement that seems to be independent of what is happening in Raleigh and Charlotte.”
Editorial: Our View: Bailey Power Plant will Come to Life
Cheers to the city and county for agreeing to support the Bailey site. This is a fine Christmas gift to Winston-Salem and Forsyth County, and it comes just in the nick of time, taking full advantage of the state’s historic-preservation tax credits program.
The Winston-Salem City Council and Forsyth County Board of Commissioners each promised $3 million for the redevelopment of the Bailey Power Plant site in the Wake Forest Innovation Quarter, the Journal’s Wesley Young reported Tuesday. Votes were unanimous during city and county board meetings on Monday. Both entities had signaled their desire to help earlier, but the county had taken the time to find the best legal avenue to assist.Read More
City, county to offer millions in support of Bailey Power Plant project
The city of Winston-Salem and Forsyth County each signed off Monday on $3 million of support for the redevelopment of Bailey Power Plant, the former energy hub for R.J. Reynolds Tobacco Co.’s manufacturing operations in downtown Winston-Salem.
The Wake Forest Innovation Quarter site is envisioned as a unique mixed-used project that would include restaurant, retail and event space to complement the office and laboratory space now housed in renovated RJR buildings in the quarter.Read More
Forsyth commissioners OK $103K courthouse study
The Forsyth County commissioners voted 6-1 Monday to authorize a $103,000 contract to update the 2009 study of the Hall of Justice…
The commissioners also approved an interlocal agreement to help the city pay for parking decks to support a development near BB&T Ballpark, and they authorized up to $3 million to support the redevelopment of Bailey Power Plant.Read More
Eric Tomlinson: Time to power up Bailey
In 1997, after 71 years of operation, Bailey Power Plant ended its life as one of the main energy suppliers to downtown Winston-Salem. Since then, while its smokestacks still make up part of Winston-Salem’s iconic skyline, the cavernous building has sat empty, a constant reminder of both the history of our area and the potential for its future.
Much of the former tobacco industry district that surrounds Bailey Power Plant has since been, or is being, redeveloped. Biotech Place, 525@vine, the Inmar building, Plant 64, the Wells Fargo center, Bailey Park, Goler Heights, the soon-to-be-completed Bowman Gray Medical Education and Wake Forest University buildings, the Kimpton Cardinal Hotel and the Residences at the R.J. Reynolds Building stand as compelling examples of our collective ability to find innovative ways to help evolve and grow the city of Winston-Salem and Forsyth County toward a prosperous future full of opportunity and hope.Read More
Forsyth commission to vote soon on Bailey Power Plant
Forsyth County commissioners will soon vote on two items that would support development in Wake Forest Innovation Quarter.
The board will vote on providing up to $3 million in reimbursements to support a project to redevelop the iconic Bailey Power Plant building.Read More
Panelists recall life for black people in tobacco district neighborhoods
Panelists at the “Remembering the Neighborhood” event recalled when Patterson Avenue was a thriving part of the black community with a YMCA branch and many businesses on it. They also recalled what life was like in the surrounding black neighborhoods of the former Winston-Salem tobacco district.
“Reynoldstown was a very special place for all of us,” said Annette Scippio. “When we grew up there we didn’t know how really special it was because we just thought it was home.”Read More
Thriving neighborhood once stood in present site of Innovation Quarter
Redevelopment in the former tobacco district in downtown Winston-Salem has brought new life to the city, but the history of the district has not been lost.
In order to complete the narrative of the transformation of the tobacco district into the Wake Forest Innovation Quarter, the Quarter hosted an event Saturday at The Biotech Place to celebrate the area’s past.Read More
Clock Ticking On Funding For Downtown Revitalization Project
A deadline is quickly approaching about a development project that could breathe new life into downtown Winston-Salem. Developers are anxious to start the Bailey Power Plant project before historic credits expire.
The iconic R.J. Reynolds smokestacks at the Bailey Power Plant are still part of the downtown skyline. Operations have been shuttered for nearly two decades, and now there’s a plan to revitalize the property.Read More
Council approves innovation quarter and pepper building deals
The Winston-Salem City Council gave the go-ahead to several economic development efforts on Monday, approving a new location for a parking deck in the Wake Forest Innovation Quarter and a loan to jump start the renovation of the Pepper Building.
The parking deck project is a relocation of one that was approved by the city council in 2013. At that time, the proposed deck location was in the block bounded by Research Parkway and Seventh and Fifth streets.
Center for Design Innovation awarded HoloLens developer kits from Microsoft, to add hologram augmented reality to its line of research
Center for Design Innovation, a multi-campus research center of the University of North Carolina system, is a finalist in the Microsoft HoloLens for Academic Research program and will receive two HoloLens developer kits and specialized training at the Microsoft campus in Redmond, WA.
This award will enable CDI to advance its research by augmenting design processes with interactive holograms. The award will introduce cutting edge technology to faculty and students from CDI’s academic partners including Winston-Salem State University, UNC School of the Arts and Forsyth Technical Community College.Read More
Wake Forest Innovation Quarter gathering district’s history as it moves toward its future
The redevelopment of former R.J. Reynolds Tobacco Co. buildings in Wake Forest Innovation Quarter is laying out a new future for the downtown Winston-Salem research park.
But to not lose the district’s past, Wake Forest Innovation Quarter is hosting “Remembering the Neighborhood,” a free public event on Nov. 21 to collect and commemorate stories from the former manufacturing hub and surrounding area.Read More
Creative Revitalization Requires Commerce and Community Downtown
You can’t say that the officials behind the Innovation Quarter are blindly banking on one specific thing to continue to revitalize Winston-Salem in its ongoing transformation from a tobacco town to a hub of technology, education, entertainment and culture. On Nov. 3, at the Center for Design Innovation, Eric Tomlinson, president of Wake Forest Innovation Quarter, gave a recap of where the project stands today and where it’s headed in the coming years. An extended greenway system, an iconic archway over the interchange of Research Parkway and US 52, designs to transform the Bailey Power Plant into a mixed-use facility by mid 2017, and longer-term plans for 2.5 million square-feet of new construction in what’s called the Central Area over a 10- to 15- year period were all part of the quarterly presentation.Read More
Inmar’s Technology Team to Host Community Tech Night
Inmar Inc.s computer engineers spend their days developing technology and data solutions for the worlds leading brands, retailers and health systems and will spend the evening of November 12 serving those in the community who have computer issues or just want to learn more about them. Inmar is teaming with WinstonNET to offer this service. WinstonNET is a community technology nonprofit with a mission to close the digital divide and serve as a resource for computer access and training.Read More
Editorial: Bailey Power Plant: Time, money of the essence
There’s agreement among our leaders on the necessity of renovating Bailey Power Plant, a crucial piece of the Wake Forest Innovation Quarter. The tricky part is paying for that renovation.
Developers have asked the city of Winston-Salem and Forsyth County to provide $3 million each to help complete it, the Journal’s Meghann Evans reported recently. We hope they’ll be able to find ways to meet much of that request. This is a project that should eventually pay for itself, both in terms of encouraging economic development and in growing the tax base.
Carolina Liquid Chemistries Completes the Family of Chemistry Analyzers Designed for All Sizes of Clinical Laboratories
Carolina Liquid Chemistries Corp. (CLC) recently completed their branded line of chemistry analyzers which completes their all new family of instruments. The FDA cleared the CLC1600 as part of the CLC6410 family for use with a variety of methods. C
Carolina Liquid Chemistries Corp, known for providing clinical laboratories with instruments and over 80 reagents that aid in diagnosing and treating patients, now offers the CLC720i, CLC800, CLC1600, and the CLC6410. The CLC1600 meets the needs of a high volume clinical laboratory, while offering current technology typically not available on older analyzers.Read More
Winston-Salem Combines History With Modern in Downtown
As cities across the United States try to draw in growth with the help of modern architecture and development, investors and officials in Winston-Salem, North Carolina, are finding that growth comes with a mix of modern taste and old, historic structures.
Years ago, giant tobacco factory buildings, part of the R.J. Reynolds Tobacco Co., ruled Vine Street in Winston-Salem.Read More
Bailey Power Plant plans moving forward in Innovation Quarter
The redevelopment of the Bailey Power Plant complex may finally be coming to Wake Forest Innovation Quarter.
Wexford Science & Technology, the development partner of the Innovation Quarter, is going forward with the redevelopment, assuming the city and county step in to help.
The decision comes as time is starting to run out for taking advantage of tax credits that have made much of the renovation possible in Innovation Quarter.
Possible Bailey Power Plant Renovation
The last remaining historical R.J. Reynolds property in downtown Winston-Salem in need of improvements could soon be getting a much needed face lift.
Wexford Science and Technology may invest $40 million into the Bailey Power Plant. The potential plans call for a mixed use development with retail, restaurants and office space. However, the company is asking city council for $3 million back in property taxes over a period of 10 years.Read More
WFU Announces Plans for Undergraduate Classes in Wake Forest Innovation Quarter
Wake Forest University announced Wednesday that it will offer undergraduate classes in the Wake Forest Innovation Quarter in downtown Winston-Salem.
WFU has leased space in a former R.J. Reynolds Tobacco Co. building from Wexford Science and Technology LLC of Baltimore, the university said in a statement. Wexford is renovating space in the 60 series building, next to the planned home of the Wake Forest School of Medicine, to accommodate classrooms and laboratories for undergraduate science programs.Read More
Challenges Loom in Winston-Salem Innovation Quarter’s Future
Its gradual shift from a research park to an innovation district in recent years has put Wake Forest Innovation Quarter on a path to developing a work, live, learn and play culture and community in Winston-Salem.
This hub of activity on about 200 acres is rising from old tobacco factories and warehouses in eastern downtown, creating a knowledge-based innovation ecosystem to include developers, people, product partners, technical and legal teams, workforce training, incubators, and capital and management for sustainability. It is a place for research, business and education in biomedical science, information technology and advanced materials.Read More
Technology Overtakes Tobacco in Winston-Salem, N.C.
Eric Tomlinson: No Dust On Us – Or Our Vision
“Why go live there, isn’t it just an old tobacco town?” they asked. I smiled, and without really knowing why, said “I think it’s on its way to becoming a cool place again. Yes lads, I’m off to The City of Arts and Innovation!”
Three years on, it is so much fun to experience a vibrant downtown Winston-Salem, with new businesses, hotels, residences, restaurants, shops and other enterprises sprouting up in streets that until recently were moribund on weekdays and deserted after dark.Read More