Category: Economic Development

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 »

Chamber Assists Company with Creating 100 New Jobs

With the approval of local incentives from the City of Winston-Salem and Forsyth County, the Winston-Salem Chamber of Commerce is confirming that Corning Optical Communications LLC is expanding operations in Forsyth County.  The company plans to create 100 new jobs and invest at least $30 million to expand its optical cable production plant in Winston-Salem.… Read More »

Economic Development Update: Restaurant chain opens new location in Winston-Salem

Red Robin is coming to Winston-Salem A $724,000 building permit has been issued for the restaurant, to be built at 188 Hanes Mall Circle. To read the 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… Read More »

Economic Development Update: Hospitality Ventures completes purchase of downtown hotels

Atlanta group pays $27 million for Winston-Salem hotel properties The new owner of two downtown Winston-Salem hotel properties spent $27.35 million on its purchase. Hospitality Ventures Management Group closed July 26 on the 315-room Marriott and the 146-room Embassy Suites. Plans have been made to spend more than $20 million on renovations, raising the overall project… Read More »

Economic Development Update: O’Hanlon Building renovations, Marriott and Embassy Suites acquisitions

Renovations coming to O’Hanlon Building O’Hanlon Building at the corner of Fourth and Liberty streets was bought by a Chapel Hill real estate developer with interior renovation plans. To read the Winston-Salem Journal’s full article, click here. Marriott and Emabassy Suites acquired Two downtown Winston-Salem hotel properties — Marriott and Embassy Suites — were acquired by Hospitality Ventures Management Group… Read More »

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