Innovation Quarter News
Wake Forest Innovation Quarter, Wexford Science & Technology and local restaurateur Claire Calvin today announced a new restaurant to be opened in the redeveloped Bailey Power Plant in January 2018.
Alma Mexicana will be an urban, modern iteration of Winston-Salem’s laid-back Tex-Mex spot The Porch, which opened in West End Mill Works in 2014. With a lunch menu featuring favorites such as rice bowls, tacos and salads, plus many new items, Alma Mexicana will provide fresh, fast counter service to the busy downtown lunch crowd.
Global tech company Sunrise Technologies announced today it is moving to 525@vine in Wake Forest Innovation Quarter. Currently occupying more than 6,000 sq. ft. in Victoria Hall, Sunrise Technologies will expand to 11,600 sq. ft., in the space formerly occupied by Flywheel Coworking, which moved to the Center for Design Innovation in the south district of the Innovation Quarter in February 2017.
Venture Café today announced the expansion of its global network of weekly innovation and entrepreneurial gatherings to Winston-Salem in early 2017 in Wake Forest Innovation Quarter.
The growth of Venture Café builds on the success of its founding member, the Venture Café Foundation in Boston, Massachusetts which operates District Hall in Boston – the world’s first civic innovation center. Venture Café Winston-Salem will become part of a rapidly expanding global network that includes locations also in St. Louis, Missouri; Miami, Florida; and Rotterdam, The Netherlands.
Complex will comprise 340+ residential units, 850+ parking spaces and 5,000 square feet of retail space
Wake Forest Innovation Quarter—part of Wake Forest Baptist Medical Center—and Grubb Properties today announced an agreement for Grubb Properties to develop a new property in the Innovation Quarter in Winston-Salem comprised of 340+ apartment units, approximately 5,000 square feet of retail space and a parking deck with 850+ spaces.
A new history series presented by New Winston Museum, Reynolda House, Triad Cultural Arts and Wake Forest Innovation Quarter will explore the history of the former downtown tobacco district, the people who worked there and the impact it had on many aspects of life including the development of downtown Winston-Salem.
Wake Forest Innovation Quarter today announced the beginning of construction on the new greenway trail that will eventually run the entire length of the Innovation Quarter.
Wake Forest Innovation Quarter today announced the sale of portions of Bailey Power Plant to Wexford Science+Technology, a BioMed Realty company. Wexford will redevelop approximately two-thirds of the Bailey Power Plant property, including the main building and most of the surrounding grounds that include the iconic chimney stacks.
Dioko Ventures, in partnership with Nashville, TN based venture capital firm, FCA Venture Partners, announced this week the launch of its’ first fund, Dioko Health Ventures I, LP. The Fund is seeking to raise $25 million to invest in companies primarily in and around Western North Carolina and the Triad.
Dioko will be managed and supported by FCA and led by Matthew King, Managing Partner of FCA. Accompanying King, FCA’s Co-Managing Partner, John Burch, and CFO, Nancy Allen, will provide fund oversight and administrative support. The investment committee for the Fund will be led by King, together with Tom Hearn, CEO of Novarus Healthcare, and Todd Johnson, co-founder and Board member with KeraNetics, LLC. Dioko will work closely with Inmar, Inc., Wake Forest Innovation Quarter, local universities, academic medical centers, and accelerators to help foster, grow and fund the local healthcare entrepreneurial ecosystem.
Wake Forest University announced today that new academic programs in Biomedical Sciences and Engineering will anchor the University’s undergraduate presence, referred to as Wake Downtown, in Wake Forest Innovation Quarter beginning in 2017.
Last fall, Wake Forest announced plans to lease space in the rehabilitated former R.J. Reynolds Tobacco Company 60 series building in the Innovation Quarter, adjacent to what will become the home of the medical education programs of Wake Forest School of Medicine this summer.
Now, newly approved courses of study in Engineering, Biochemistry and Molecular Biology, and Medicinal Chemistry and Drug Discovery will extend the exceptional faculty-student engagement that is a hallmark of the Reynolda Campus to one of the fastest-growing urban-based districts for innovation in the country. The proximity of the 115,000-square-foot Wake Downtown facility also will make it possible for undergraduates to take classes with faculty from Wake Forest School of Medicine.
“The frontier of science and technology has rarely been as exciting as it is today. While many Wake Forest students already work with medical school research mentors, the next-generation building complex that literally and figuratively brings medical and liberal arts education together under one roof will greatly enhance students’ opportunities for closer collaboration and deeper engagement,” said Wake Forest President Nathan O. Hatch. “Wake Downtown presents a wonderful occasion to rethink how science is taught and how learning is best achieved.”
Biomedical Sciences and Engineering programs rooted in the Liberal Arts
According to the Education Advisory Board, employer demand for undergraduate biomedical science and technology graduates increased by 58 percent nationally and 43 percent in North Carolina from 2012 to 2014.
Academic programs recently approved by College faculty are expected to meet employer, student and societal demands. New courses of study include:
- B.S. in Engineering – Wake Forest engineering students will exemplify the term ‘well-rounded,’ bringing to their subsequent careers or graduate studies a focus on applying engineering science, design and analysis to complex issues. The engineering major will offer optional biomedical and materials engineering emphases in a liberal arts environment of entrepreneurial and critical thinking. Classes in the engineering program are expected to begin in fall 2017.
- B.S. in Biochemistry and Molecular Biology – Jointly administered by the Chemistry and Biology departments, this interdisciplinary degree will enable students to develop a conceptual understanding of and build practical skills to address increasingly complex biological, biochemical and biomedical challenges. Students preparing for research or pre-health careers will develop greater insight into the experimental approaches and results that lead to the current understanding of biomolecular function. Abundant undergraduate research opportunities will be available for students in WFU labs and those of several medical school departments already in the Innovation Quarter. Biochemistry and Molecular Biology classes will begin in January 2017.
- Concentration in Medicinal Chemistry and Drug Discovery – Building upon existing strengths and research interests of faculty and students, the establishment of a medicinal chemistry concentration within the Department of Chemistry will provide a distinctive, high-quality educational experience at Wake Forest. The concentration provides a new path to an American Chemical Society certified B.S. degree that will increasingly attract students interested in health-related fields, biomedical sciences and pharmacology. Classes for the new concentration will begin in January 2017.
“The distinct and compelling new set of programs of Wake Downtown represent the most significant academic innovation in recent Wake Forest history and one of the most audacious efforts to rethink undergraduate science education as we know it,” said Michele Gillespie, Dean of Wake Forest College. “Embracing the Innovation Quarter as a hub for a liberal arts education is central to our future.”
Wake Downtown transcends boundaries and promises collaboration
Undergraduate students in these programs are estimated to spend approximately equal time on the main campus – studying arts, humanities, and basic sciences – and in the new Biomedical Sciences and Engineering classrooms and labs downtown.
In addition to programs in Biomedical Sciences and Engineering, Wake Downtown will also enable expanded undergraduate offerings in entrepreneurship, bioethics, public health policy and the humanities.
“One of the most exciting aspects of Wake Forest’s undergraduate presence in the Innovation Quarter is the potential to collaborate with the greater Winston-Salem community, our shared City of Arts and Innovation. Along with contributing to the knowledge economy and growing job base in the Innovation Quarter, we plan to partner on community projects ranging from public arts to service to volunteer opportunities,” said Provost Rogan Kersh, whose leadership in the community includes chairing the city’s Poverty Thought Force. “As an extension of the Reynolda Campus, Wake Downtown will serve as an incubator for tomorrow’s leaders long before many of them even apply for admission.”
Approximately 350 undergraduates are expected to study downtown by 2021, when new programs are fully operational. Expanded facilities and an increased demand would enable the University to accommodate modest enrollment growth. Wake Forest also plans to hire additional faculty and staff – all of which would increase the University’s current $3.3 billion economic impact in the region.
“The Innovation Quarter has grown into a true knowledge community,” said Wake Forest Innovation Quarter president Eric Tomlinson. “The addition of these new Wake Forest University undergraduate program aligns perfectly with our ‘Work. Live. Learn. Play’ approach to building such a community.”