Economic Development Update: New Residence Inn opens in the Triad A new Residence Inn by Marriott opens in Winston-Salem BPR Properties, the High Point-based hotel developer, is opening its new Residence Inn by Marriott in Winston-Salem, said Birju Patel, president of the company. The 108-suite hotel, which is located at 3885 Oxford Station Way, was announced in 2014. It was originally reported that the project would cost $12 million. The hotel is located near Hanes Mall. To read Triad Business Journal’s full article, click here. Exciting news is being announced about new development projects happening in or around Winston-Salem/Forsyth County. Click here to access an archive of local news articles, for your reference, regarding these announced projects.