Welcome to "Hotel Week" at the Winston-Salem Development Guide!
Kimpton Hotels and Restaurants, with PMC Property Group, have completed the purchase of the Reynolds Building. Kimpton Hotels expects to open their new downtown Winston-Salem hotel next year. Kimpton has hotels in 27 cities. This is the first Kimpton Hotel in North Carolina. Kimpton said they are excited by the challenge of transforming this building and they prefer to get involved with downtown revitalization efforts that are already bearing significant economic fruit.
This is an LGBT Friendly Hotel
Hotel Rooms: 175 on the lower six floors.
Hotel Suites: 36
Meeting Space: 6,375 square feet, 2 ballrooms, and meeting rooms on the mezzanine level.
Restaurant: 120 seat chef-driven restaurant & bar and an additional lobby bar.
Luxury apartments with hotel amenities, to be built by PMC Property Group, on the upper floors.
Kimpton Hotels & Restaurants has a very aggressive timeline for this building? Yes, they want to complete this in the next 12-18 months!
This building has the look of an upscale hotel.
Credit: Preservation NC
The ceilings have gold and silver Art Deco detail work!
Art Deco Overload!
New Hotel at Third & Cherry Streets:
Originally Posted by Lodging Magazine
Built in 1929 and considered one of the country’s first examples of Art Deco architecture, the Reynolds Building was designed by Shreve & Lamb, the same architects who went on to design the Empire State Building.
“The Reynolds Building is one of the most historically significant and architecturally interesting buildings in the country, and we are honored to be able to play a role in adapting it into an exciting new hotel for the city, while preserving its important history and character that Reynolds has taken such great care to maintain,” said Kimpton Chief Executive Officer and President Mike Depatie. “It’s also exciting for us to be expanding our footprint in the Southeast, bringing the Kimpton sense of style and fun to a new market of travelers and Winston-Salem locals.”
“Kimpton has an excellent track record in adapting historic buildings into unique boutique hotel properties, and as we learned through our work together on the upcoming Hotel Monaco Pittsburgh, we believe we will produce a new and dynamic destination in downtown Winston-Salem,” said PMC Property Group President Ron Caplan.
CN Hotel Group has purchased the old Northwestern Bank Building (Built in 1964), with plans to demolish it for a new hotel. The modernist office building is currently home to arts groups. The historic storefronts along the cycle tracks will all be preserved! WSTB is reporting the small site will likely lead to an 8-10 storey hotel? This is across the street from a recently completed 10-story condo tower and near the 20-storey Nissen Apartments Building. If they decided to go that tall, a 10-storey building would look great here! No word on the hotel flag and no renderings. We can get excited about those in a future thread.
Visit the Link Apartments this Saturday for a hard hat tour! You'll get a first look at the new apartments and all who apply Saturday will get 1 month free rent! For baseball fans, this is an offer too good to pass-up. Reserve a tour this Saturday!
Credit: Link Brookstown
Barnhills Book & Wine Store:
Barnhills Book & Wine Store is moving from Burke Street to Fourth or Trade streets, in the center of downtown. The present location, in The Village District of downtown, will sell used books and open a print shop in the back. Yes, downtown could soon have 3 stores selling books!
Fourth Street Receives Recognition:
Winston-Salem’s Fourth Street has been named a "Great Main Street" by the American Planning Association. Winston-Salem’s history, mixed uses, and the vibrancy of Fourth Street, along with the dedication of the city and community to make the street come alive, were all taken into account. Both the Kimpton Hotel and Power Plant projects, discussed in this post, are on Fourth Street.
Looking for a job? Vuse will announce tomorrow they are creating 300 new jobs. The governor will be there for the big announcement.
A mystery company has signed a lease for 316,000 square feet at Union Cross in Winston-Salem and may need another 101,250 square feet! At this time, no incentives are involved.
Bailey Power Plant:
We have an architect and a developer for the project, as well as signed tenants! It also appears as if SciWorks could be close to securing space in the Bailey Power Plant project? Renderings are now showing SciWorks' sign on the roof! I guess we will see what happens in the next few days? They have a big event scheduled for May 31st, across the street from the power plant, at BioTech Place's Conference Center. Maybe they will announce this at that event? This is, without a doubt, the biggest downtown project right now.
According to two forum members at WSTB, we can expect this:
Developer - BioMed Realty Trust / Wexford Equities
Architect - Design Collective
UNCSA Music School - UNCSA Dance School
Black Box Theater
a/perture Movie Theatre will open a second location here that is bigger and can screen first-run movies.
Bowling Alley with dance floor, upscale restaurant, and bar.
It appears as if this could start construction as soon as three months from now?
Bailey Power Plant with SciWorks Signage: (The Newest Rendering!) Notice the sculptures along the sidewalk!
Credit: Design Collective Architects
Sixteen Over Six:
Are you an artist looking for new downtown studio space? Talk with Sixteen Over Six at 213 West 6th Street. They just opened not too long ago!