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Category: Economic Development

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 »

Economic Development Update: Duke Eye Center, Whitaker Park, West End Station Apartments

Construction starts on new Duke Eye Center location in Triad The new center will allow for an expansion of glaucoma-related treatment services and pediatric ophthalmology. To read the Triad Business Journal’s full article, click here. With Reynolds donation complete, here’s what’s next for Whitaker Park Reynolds has donated 120 acres of prime commercial and industrial land,… Read More »


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