WINSTON-SALEM | Development Guide

[smain]

Razoo's Canjun Cafe in Hanes Village Shopping Center has closed. That's two failed restaurants that didn't last but a couple of years in that building. Originally Hickory Tavern.

[DCMetroRaleigh]

The Winston-Salem Chronicle blasts City for failing to land major new employers in wake of a declining big corporate footprint

Winston-Salem’s historical significance as a corporate hub is fading. Once the largest city in North Carolina, home to mega-companies like Piedmont Airlines, it now struggles with a lack of vision and leadership. The city’s social capital is at its weakest, with ordinary residents and small business owners losing trust in community leaders. Progress, after all, moves at the speed of trust.

During Mayor Allen Joines’ tenure, which began in 2001, Winston-Salem has faced these challenges. While Mayor Joines has made efforts to revitalize the city, the departure of significant corporations and the resulting economic impact have overshadowed these initiatives. His leadership, though proactive in certain aspects, has struggled to counterbalance the loss of major corporate headquarters, highlighting a need for renewed strategies and innovative solutions to restore the city’s economic strength.

The departure of major corporations has led to significant job losses. For example, the relocation of BB&T to Charlotte resulted in the loss of hundreds of high-paying jobs in Winston-Salem.

The exodus of these companies has reduced the local tax base, with an estimated loss of millions of dollars in annual tax revenue. Nonprofits in the area have reported decreased donations and volunteer participation from corporate employees, impacting their ability to serve the community.

Winston-Salem needs a focused strategy to attract large corporate headquarters. This involves offering competitive incentives, improving infrastructure, and showcasing the city’s unique advantages. Community leaders need to establish a single dedicated organization to spearhead corporate recruitment. Entrusting the role to a sprawling organization such as Greater Winston-Salem, Inc is misguided.

https://wschronicle.com/the-decline-...evitalization/

[smain]

Just ran across a Facebook post by Eric Weyer at Hoots. He was sharing an image of the new live music space/venue that was formerly the brewing facility. It looks really nice! Eric is a musician in the post hardcore band Codeseven. I expect this space will be great to catch up and coming touring bands and local bands. Knowing some of his friends and their music taste I expect a great variety of music.

Edit to original post. Just discovered they're hosting a touring comedian tonight. Even more interesting!

[DCMetroRaleigh]

From LivinginWinstonSalem