
This quarter brought exciting progress for Winston-Salem and Forsyth County as new investments, community partnerships, and strategic planning efforts moved our region forward. Greater Winston-Salem Inc. welcomed 50 new members, celebrated openings and milestones with 14 ribbon cuttings, and saw the expansions of GMAX Industries and ReAgent Chemical Services bring new investment and jobs.
Education and workforce development remained key priorities through the State of Education event and the launch of the “All In for Our Schools” initiative. Entrepreneurial growth continued through Catalyst Grants and the launch of the BioNest Fund supporting early-stage life sciences companies.
Here’s a quick look at a few highlights included in the Q3 report:
- Pipeline of 92 Active Projects
- $20M+ in new investments and 70+ new jobs created
- Strategic Action Plan launched with Visit Winston-Salem
- All In for Our Schools initiative supporting WS/FCS
- $50,000 in Entrepreneurial Catalyst Grants awarded
- BioNest Fund established for life sciences growth
- 50 New Members and 14 Ribbon Cuttings
Our quarterly report sponsor Linville Team Partners provides an in-depth look into Winston-Salem’s Industrial and Office market trends including:
- A prime downtown opportunity with flexible uses and parking on Liberty Street
- 9.1% office vacancy rate, well below the national average of 14%
- Industrial market pricing highly competitive against national rates – $56/SF in the local market compared to $150/SF nationally