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  #461  
Old Posted Jun 7, 2018, 4:33 AM
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A new high-rise for downtown's IQ District?

351 North Patterson:
Wexford Science & Technology will be the developer for this 200,000 square-foot office building for creative and tech companies. The main entrance will be at Third Street and Patterson Avenue. Graydon Pleasants, leader of the IQ District's Real Estate Development, said "We have a couple of ideas and a couple of potential users." The building will be mixed-use, with retail and 200,000 square-feet of office space for creative and tech companies. They want to build something urban and modern that will create the mass needed for additional development on other neighboring sites they want to develop. It's across the street from Bailey Park and is at an entrance to The High Line bike and walking trail. This part of the High Line (Third Street) is proposed as a light rail stop, with a proposed rail transit line currently being studied for the rail next to the trail. The site is shovel-ready, but they don't have a construction start date at this time. Pleasants said they "will have a building as soon as we can get one up." Since they are in talks with two potential office tenants for this building, it's likely very close to breaking ground. The tenants will have a major role in the final design of the building.


Credit: Wexford Science & Technology
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  #462  
Old Posted Jun 9, 2018, 2:26 AM
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Interesting to see a large office building proposed with One West Fourth having so much space available. This will be a true test to see if downtown can absorb more office space.

Really nice to watch the IQ mature.
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  #463  
Old Posted Jun 9, 2018, 5:25 AM
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It doesn't matter what other buildings are doing. It's about pre-leasing "your" space. 351 North Patterson is in the process of pre-leasing half of their proposed space and maybe more. Yes, they are in talks with two tenants. Everything in the IQ District seems to lease quickly. It's the most popular neighborhood, for employers looking for space, in the metro area. It's also expensive. I've read the office space is restricted to creative/research/tech companies.

Downtown's IQ District (Innovation Quarter) is 99% leased! Only 38,000 square feet of office and retail space is available. Just in 2018 alone, three buildings with around 300,000 to 400,000 square feet were proposed in the district and they appear to be meeting their pre-leasing requirements. They are also adding floors, due to high demand for the space. One of the three proposals will break ground in two months. All three are expected to be under construction by this time next year. That should be exciting to see, since they are all within a block of each other.
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Old Posted Jun 9, 2018, 5:41 AM
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Downtown's IQ District is best known for its research in Regenerative Medicine. One of the regenerative medicine research labs appeared on TV, last week. It's a chance to see some of the science happening in the district and driving growth there. Wexford Science & Technology is preparing sites in downtown's IQ District to lease to tenants interested in working with these scientists and there are two bio-manufacturing districts being prepared for mass production of tissues and organs. A building in one of those two districts is already open with a tenant using this science. All of this is being constructed as mixed-use and they want it centered around a proposed rail transit line.

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  #465  
Old Posted Jun 9, 2018, 2:25 PM
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Well, it does matter to a certain extent. Office vacancy in a sub-market is always in consideration when proposing spec space. Now this building for the IQ may be slightly different since it's being marketed to a certain group(s). And it does sound like tenants are ready to sign.

I do believe downtown W-S is the hottest market in the entire CSA so I do have faith that it will be absorbed in a decent amount of time.
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  #466  
Old Posted Jun 9, 2018, 2:34 PM
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And I count 11 floors unless the ground floor is 2 levels. . Maybe demand will push it even higher?!
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  #467  
Old Posted Jun 10, 2018, 5:10 AM
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I think that building's problem is charging as much or more per-square-foot as the new buildings? It's among the most expensive buildings in the Triad and it's over 16 years old. Over the 23 or 24 years I've followed Winston-Salem development, every time a new office building is proposed someone makes "that post." Wexford Science & Technology has developed nearly 1.2 million square feet in downtown Winston-Salem's IQ District in the past few years and now they are ready to start another project. This building is smaller than their other projects, which usually average 250,000 square feet. It's expected to be 12-storeys above Fourth Street, due to a required large filtration system to clean the air vented to the outside. These are on all of the science/tech buildings. If you're thinking it could grow in height, that is possible! Wexford Science & Technology developed a similar building in Philadelphia's University City Science Center District and it started as an 11-storey building, exactly like this Winston-Salem proposal, and grew to 13 floors with strong leasing.

Similar building in Philadelphia by the same developer that added two floors: https://technical.ly/philly/2014/09/...market-street/

351 North Patterson has doubled in size, due to strong demand, and I could see it adding another floor or two if demand remains strong. I think they also want a large concentration of tech offices on this block to help develop the other sites they have planned for residential and retail. One thing I will add, that I'm sure you'll find exciting: We have known about this project since November of last year. For them to announce this and share that stacking plan, along with the square footage and other details, I think they are close to completing pre-leasing and starting on the permitting phase. I'm guessing there is a rough design already completed and they will need a little time to refine the design with input from the tenants? They usually start construction 5-6 months after these announcements.

I have a massive backlog of posts. I need to start posting them!
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  #468  
Old Posted Jun 10, 2018, 6:27 AM
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Projects & Construction:
I want to thank the photographers and local businesses, sharing updates on projects, who make this thread possible. Without you, these updates won't happen.

Video Link


Morris Building:
Front Street Capital is the buyer for this building in downtown's IQ District and is looking into expanding the building. The expanded building will have a large amount of retail space and some office space for creative and tech companies. Robin Team said "It lays out well for retail. We'll leave the shell, and maybe, expand it. It's likely to have retail, and maybe some office space." STITCH Design Shop is expected to be the architect and Landmark Builders will likely be the general contractor. More details will be released at the end of this year.

The Morris Building is the building with white boards over the windows. The Cardinal Hotel is in Gay Pride Month colors:

Credit: chasing_fotoz

Downtown Hampton Inn & Suites:
Taking their time with the brick facade.


Credit: carlygeisphotography


Credit: b_rowell87

WSSU Residence Hall: Built!
This project is now completed! Sadly, we didn't have many updates on the construction. If you're thinking of applying to WSSU, this is a great look at the newest residence hall. It's a beautiful campus near the southeastern edge of downtown and worth touring.


Credit: WSSU


Credit: WSSU


Credit: WSSU


Credit: WSSU


Credit: WSSU


Credit: WSSU


Credit: WSSU

Winston Junction:
We can now add this to our construction list on the first page. This adaptive-reuse entertainment project (conversion of an old produce warehouse in downtown's Produce District) has construction permits. There is an effort, by the developers and businesses, to re-brand this area of downtown as Industry Hill.

Hotel Indigo:
Workers have finished enlarging the window openings for taller windows. I think they are making final brickwork repairs?


Credit: vincerabil

You can see window enlargements are completed in this photograph:

Credit: vincerabil

Dave & Buster's:
This 32,000 square-foot project is about to start construction. It's described as an arcade & sports bar. Look for an official announcement in a few weeks. Completion is set for Spring 2019. Winston-Salem has three existing barcades. I'm guessing this will compete with them? The concept seems to be very popular in Winston-Salem. I may add this to our first page list of projects, due to the size of this project.

500 West Fifth:
Salem College has selected the 21-storey 500 West Fifth as the new expanded location for their Center for Women in Business and Entrepreneurship Program. It will offer mentoring, collaboration space, unique programing, and co-working spaces for students/women starting their own business. Salem College's expanded center will open in August.

Wallpaper in the offices:

Credit: bryanlovessharon

Drywall & insulation delivery:

Credit: Fam Brownlee

Plaza Building & Galleria:


Credit: warco.construction

Incendiary Brewing Company:

Fire eye for Incendiary Brewing Co., in downtown Winston-Salem's IQ District. It will be moved inside when they put the patio in:

Credit: jeks_nc


Credit: jeks_nc

Link Apartments Innovation Quarter:
This project has officially topped-out. As you will see, below, they started on the southern half and topped-it-out, but haven't started on the northern half! It's like half a building!

Look for the cranes (The beautiful tree-filled green area, with a bridge, is the High Line Park):

Credit: brittanybutterworthphoto


Credit: bolinsky_

Tuesday (6/5) - You can see it is now topped-out:

Credit: x1communications

Though the southern half has topped-out, the northern half of the building hasn't started!

Credit: lostvestige



Alternative Transportation:

Low Line:
This project is now officially announced and they are calling it "The Low Line." It is the conversion of an elevated rail line into a pedestrian walkway, connecting to restaurants and retail in the Bailey South Building and possibly in the Morris Building. Both Front Street Capital and Wexford Science and Technology will work on this project. It also includes a glass-art installation in the steel framework at Bailey Power Plant's Building 23-2. They are already entering the permitting process for this project. It will start construction when they have all of the necessary construction permits.

The Low Line as it currently appears, with the Morris Building next to it:

Credit: king_vander.willigen

As you can see, it's labeled "Low Line" on their site plan and you can see the glass-art installation:

Credit: Front Street Capital

Rail Streetcar System:
The city's proposed streetcar system has appeared in the city's 2018 Transportation Needs. The city's match is shown as $44,882,000.

Quote:
Originally Posted by City of Winston-Salem
This project would consist of rails in the streets along the route, small stations along the route that allow for level boarding of vehicles and real time information to passengers concerning the next vehicle arrival, an electric power delivery system, modern electric streetcar vehicles that are fully accessible, and a vehicle maintenance and storage facility. The project could be built in smaller phases as funding becomes available. This initiative was recommended as a key public investment
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  #469  
Old Posted Jun 12, 2018, 4:38 AM
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Zachary Smith Reynolds Airport Restoration:
In roughly two or three years, construction will begin on a major restoration and renovation of the historic, Streamline Moderne, Zachary Smith Reynolds Airport. The terminal will be restored to how it looked when it was North Carolina's busiest airport and the headquarters for Piedmont Airlines. This was the busiest airport in the Carolinas from its opening until the 1970s. It was designed by architect Howard Cheney. He was the leading airport architect in the late 1930s, when he was hired as the architect. Fun Fact: Howard Cheney designed both Washington National (now Reagan National / DCA) and Zachary Smith Reynolds (INT) airports at the same time, in the same architectural style, and you can see a few design similarities. It's great to see this building will be restored. I've wanted to see it restored to its original appearance for a long time.


Credit: Mark Saunders


Credit: Mark Saunders

A look at the airport in the 1940s:


Credit: Winston-Salem / Forsyth County Library

Sky Club in 1944:

Credit: Winston-Salem / Forsyth County Library

Dining Room in 1944 (notice the large mural):

Credit: Winston-Salem / Forsyth County Library

1942 (Notice the sculptural bust, one of two in the airport):

Credit: Winston-Salem / Forsyth County Library

Eastern Airlines Reservation Desk in 1947:

Credit: Winston-Salem / Forsyth County Library

Reservationists at Capitol Airlines in 1947

Credit: Winston-Salem / Forsyth County Library

Construction photograph:

Credit: Winston-Salem / Forsyth County Library


Credit: Winston-Salem / Forsyth County Library

New Hanger:
The airport will also construct a new hanger. Other projects, currently under construction, will open several new parcels for development.


Credit: Mark Saunders
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  #470  
Old Posted Jun 14, 2018, 4:16 AM
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Are you ready for another new office building for tech companies in downtown's IQ District?

Bailey South:
Bailey Power Plant Building 23-1 is now called Bailey South. This project is now officially announced! Front Street Capital will be the developer and Landmark Builders will be the general contractor for this project, which is expected to add 75,000 square-feet of mixed-use space to downtown's IQ District. Expect to see rooftop terraces and an outdoor entertainment venue in The Coal Pit. As previously reported here, the first two floors will be retail (some of these retail spaces will open to three rooftop spaces on the second floor, including a 2,000 square-foot rooftop patio along Patterson Avenue) and they have already applied for permits to convert the elevated rail lines into an elevated boardwalk (called The Low Line) leading to the restaurants and retail on the second floor of this building and possibly two other buildings. The office space will be for creative and tech companies and will have a 2,000 square-foot private rooftop. They will acquire the property (close) in August and groundbreaking is scheduled for September 2018, with completion set for December 2019. They are not seeking historic tax credits and this will allow them to make major renovations and an expansion tax credits may not allow. They will incorporate the original 1926 power plant building, with its 16-21 foot ceilings, at the site into their new building to keep that industrial power plant feel in the new building. The building will be clad in brick, terracotta, glass, and metal panels. They have already pre-leased 25,000 square-feet of office space in the project and interest in the building is so strong they are adding a sixth floor to the project for more office space. They are also in talks with restaurants for the lower two floors. Robin Team said "Once we get the office space filled, we can hand-pick the restaurants. We can be very selective with the retailers we put in this building. This will be the most dramatic restaurant venue in the Triad."

Proposed Building:


Currently:

Credit: frontstreetcapital

Original 1926 power plant building on the skyline:

Credit: frontstreetcapital


Credit: winston_360


Credit: lostvestige

A look inside the 1926 power plant building:

Credit: lostvestige


Credit: lostvestige


Credit: lostvestige


Credit: dirtvixen


Credit: TBJ


Credit: TBJ

These vent hoods in the 1926 building can be incorporated into a restaurant's design:

Credit: TBJ


Credit: cheyannemurdock


Credit: cheyannemurdock
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  #471  
Old Posted Jun 17, 2018, 6:16 PM
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Pepper Building on June 16:



Hampton Inn & Suites on June 16:



View of Hampton Brickwork:

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  #472  
Old Posted Jun 18, 2018, 4:33 AM
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Thank you for the update, kdwinston! I can only see the photograph of Hotel Indigo, though.

Projects & Construction:
I want to thank the photographers and local businesses, sharing updates on projects, who make this thread possible. Without you, these updates won't happen.

Video Link


Hotel Indigo:


Credit: jake_tennyson

A look at the inside with visitors from D.C.,:

Credit: Omega Construction

A look at the floor plan from 2016:

Credit: CJMW

I think this is the front desk? This design is from 2016, so it may have changed since then?

Credit: CJMW

Union Station & Streetcar Yard:


Credit: winstonwatchman

Downtown Hampton Inn & Suites:


Credit: kyleduncanphoto

500 West Fifth:

Big cranes:

Credit: bigdentong

The opening on the seventh floor where they are lifting the HVAC equipment into the building:

Credit: owens_daniels_photography

First Baptist Church Restoration:

A look inside the tall tower:

Credit: Walter Robbs

Morris Building:

As of Friday (6/15):

Credit: cyclerstyle

Bailey Power Plant - Cugino Forno:
I usually don't follow projects like these on this thread, but since this is inside the power plant, I thought it could be interesting to follow... if photographs are available? We will softly follow it, which means it won't appear on our project list, but I may post updates If I find them.


Credit: cugino_forno_ws

Whitaker Park Mixed-use Project:
An Indiana-based medical device company will buy an 850,000 square-foot building in Whitaker Park for their engineering, production, researching & development, and marketing operations. This is expected to be a major investment. They will spend tens of millions of dollars to renovate the building. This is half of the available work space in the Whitaker Park mixed-use development and could bring thousands of employees to the development by 2021.

411 West Fourth / Chamber Building:

Store shelves in the upscale grocery market and bistro:

Credit: canteen411

Link Apartments Innovation Quarter:

A rendering of the storefronts (If you would like to lease one of these spaces, call 336-926-1411):

Credit: CRA



Alternative Transportation:

Passageway Park:
They have completed around 90% of the landscaping work and will soon start on wayfinding/signage.


Credit: sarah_in_carolina

East-West Expressway Bike & Pedestrian Path:
An update on this 255 foot / 78 metre pedestrian and bike tunnel. They are currently working on half of the tunnel. It will have lighting. We need to add this project to our construction list! It's a project the city's cycling community has worked hard to make happen.


Credit: WXII 12



Random Photographs:


Credit: a_mazzocchi
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