Local Community Development Corporations

Thursday, January 22, 2015

U.S. Cycling Facility Coming to Downtown Winston-Salem - the National Olympic Cycling Center!!!


Lambert Architecture posted on their Facebook page  that they would be remodeling 505 N. Liberty Street so that it could become the National Olympic Cycling Center, similar in its association with USA Whitewater's National Training Center in Charlotte, NC. There are only 16 such National Training Centers in the U.S. Landing the Center seems to be the work of Richard Rouck, the chairman of the Winston-Salem Classic cycling event, Mayor Allen Joines, and of course USA Cycling. Lambert's architectural mock-up posted on their website depicts the Olympic Rings displayed prominently on the 5th Street building! Yeah! I imagine this will do wonders for the Winston-Salem Classic as well.


Wednesday, October 1, 2014

GMAC Building Redevelopment?

CBRE is listing, reportedly has "under contract" - unsure whether that is an "option to purchase" or an actual purchase - and is evaluating multiple "offers"? See this Triad Biz Journal article for more information. 

Thursday, May 22, 2014

Reynolds Building to Become Boutique Hotel, Restaurant, and Apartments

The building was purchased by a partnership between Kimpton Hotels and Restaurants of San Francisco, and PMC Property Group of Philadelphia both of which specialize in high-end and historic renovations and have worked together on previous projects.
The sale price was $7.8 million, CBRE brokered the deal.