Category: Economic Development

Business 40 Closure Date Set for November 11

The N.C. Department of Transportation announced Tuesday that the 1.2-mile section of Business 40 between Peters Creek Parkway and U.S. 52. will close on Sunday, November 11, at 8 a.m. Beginning Nov. 11, all Business 40 traffic will be diverted to I-40, Peters Creek Parkway and U.S. 52. Vehicles will be able to take those… Read More »

Company Expansion Creates 50 New Jobs

The Clearing House Payments Company, LLC, a financial payments company, will expand in Winston-Salem creating 50 new jobs, Governor Roy Cooper announced. The company will invest $24.6 million in this expansion. “The financial services industry continues to thrive in North Carolina, and we have some of the top talent in the nation thanks to our… Read More »

Economic Development Update: Hyatt Place coming to downtown Winston-Salem

New Hyatt Place hotel featuring modular construction coming to downtown Winston-Salem Mayfair Partners plans to use a modular stacked method using cold-formed steel to construct a new Hyatt Place hotel (NYSE: H) on a lot adjacent to the Hotel Indigo it is developing in Winston-Salem’s historic Pepper Building, according to principal Simon Burgess. Burgess said… Read More »

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… Read More »

Economic Development Update: Study says North Carolina is best state for starting a business

North Carolina is top-ranked for new businesses Entrepreneurs and business owners need look no further than the Tar Heel state to set up shop — North Carolina came out on top in a new study of the best states to start a business. The study, conducted by Fit Small Business, cited the state’s labor market… Read More »

Economic Development Update: Winston-Salem is 3rd best city for young IT professionals

Winston-Salem top-ranked for IT Professionals Winston-Salem is one of the top cities for young professionals in the IT industry, according to a new ranking by Right Click, an online newsletter of Verizon focusing on technology news and guides. Winston-Salem is ranked 3rd on the list of the best cities in the U.S. for young IT… Read More »

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