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.
Yes, this is the 13th hottest housing market in the United States! Are you thinking of moving to Winston-Salem?
Wow! This had to be amazing to see live. I was only a year old at that time.
• Video Link
Still trying to figure out how to keep some of the classic update and have more frequent updates, but not have those massive monthly posts.
Kaleideum Science Museum:
Our first look at the colorful triangles:
Credit: kaleideum
8 W 3 Apartments & Retail:
Historic building on the left:
Credit: 3yrjSVyIMVM
Credit: Bryan Lewis
Chatham Building Apartments, Hotel, & Retail:
Credit: Fam Brownlee
Union Cross Development:
The walls are tilted-up at Lot 4 in the Union Cross Industrial Center. This is a 144,000 square-foot building that can be customized for the tenant. Front Street Capital is the developer and Triad Design Group is the architect.
Credit: landmarkbuildersinc
Alpha Aluminum Building:
Virginia-based aluminum company, Manakin Industries, is the potential buyer for the vacant former Alpha Aluminum Building. This is very rare, since this company wants to return the building to its original use as an aluminum factory! Did you know: This industrial complex has been here since 1917! A variety of aluminum products were made here, from automotive to cookware to toolboxes and more.
Nationwide Marketing Headquarters:
Vintage retail store "Still Grimey" in the Sixth Street retail spaces:
Credit: still.grimey
It's the downtown Arts District!
African-American History Museum:
Triad Cultural Arts has acquired three sites in the Happy Hill / Liberia Neighborhood to create a new African-American history museum. They will restore two shotgun houses, which are rare in Winston-Salem, through a fundraiser that ends in 2025 and through grants. Restoration work could begin next year and this project also includes a multi-use event center. All work should be completed by 2025. The houses are in rough shape and (combined) may require around half-a-million-dollars in restoration work. This site is interesting, since it's the site of the first emancipation of enslaved persons in 1836, the site of the Freedmen's School for Black Children in 1866, and the land was also deeded to former enslaved people to create the first owner-occupied Black community.
I love historic restorations like this, so I will try to follow this on forum, if we can.
EGGER North American Headquarters:
The recycling center is now completed and fully operational.
Credit: TBJ
Towne Lake Commons: Cancelled
The developer for this project is selling the site and may already have another developer in talks to buy it? It appears as if the new developer may also buy the project plans (to build the previous developer's proposal), but we shall see what the new developer's plans are. Even if they want to build the same project, a new developer could make a few changes. I would like to see the older buildings on the site preserved.
1782 George Stockburger House Restoration:
"The roof is nearly all primed and covered with the grey base coat!" Three of ten concrete footings are now poured to "help give the house another 241 happy years."
Three of ten concrete footings poured to support the house:
Credit: stockburgerfarmhouse
The roof work:
Credit: stockburgerfarmhouse
As some of you may know, they had tools stolen from the site and the theft is not covered by their insurance (theft exclusion). Including the new homeowner's grandfather's tools.
This will slow-down progress at the house. If you would like to help, the owner is selling cutting boards and serving trays. You can also look for a Speedheater infrared paint stripper for sale in the Winston-Salem area. I posted the photograph of the tool below. It was loaned to them from Salem Heritage. If you see it "it was stolen from the site" and should be reported.
If you live in Winston-Salem, please look for someone selling this tool and report it if you see it:
Credit: stockburgerfarmhouse
Winston-Salem Open Tennis Facility:
The Winston-Salem Open ATP Tennis Tournament will spend $600,000 on a massive LED lighting upgrade at their tennis complex. This work should be completed in August 2023. This was also one of ten ATP Tournaments selected for sponsorship by Austrian hydration company Waterdrop. The Winston-Salem Open will have several Waterdrop hydration benches at the tournament.
New Tenants/Leases:
Crimson Hollow Coffee House has leased the available space at 400 West Fourth Street. They are a Victorian-themed coffee house & bar. They will become North Carolina's first Victorian Cafe & Bar. Their logo has a very Hallowe'en look to it. This should be an interesting addition to downtown's Restaurant Row.
Novant Health Critical Care Center:
Credit: Carl Ward
Credit: Carl Ward
Credit: Carl Ward
Credit: Carl Ward
The Flats at Peters Creek:
This project is now funded and ready to start. It should break ground in early-Fall 2023, with completion set for 2025.
Artreaux Apartments:
Credit: Artie Sparrow
Off-Subject:
Gears & Guitars Festival:
Soul Asylum, Dishwalla, Cracker, Nine Days, and several local bands will perform at this year's Gears & Guitars Cycling and Music Festival, on August 4-6, 2023 in downtown Winston-Salem. If you like bicycles and classic alternative, this is your event!
Winston-Salem Leads the State in Home Price Increases:
Winston-Salem's MSA had the highest home price growth rate in North Carolina for CoreLogic's most recent month of data. For most of the past year, Winston-Salem's home price increases were in double digits.
Home Price Increases (CoreLogic)
Winston-Salem MSA: 6.9% (Forsyth, Davidson, Davie, Stokes, & Yadkin counties)
Charlotte MSA: 4.7%
Durham MSA: 1.8%
Raleigh MSA: 1.3%
Winston-Salem Among Hottest Housing Markets:
Bankrate has ranked Winston-Salem among the nation's hottest housing markets. Winston-Salem ranked 13th on their list. They used one-year price appreciation, one-year job growth, population growth, active listings per 1,000 people, listings’ median days on the market, and unemployment rate. Raleigh ranked 26th and Durham ranked 46th. Greensboro ranked 51st and my hometown of Asheville was 70th. According to local realtors,
most of the people moving to Winston-Salem are from California, Texas, and the northeast states. They find Winston-Salem's vibrant downtown, high quality-of-life, less sprawl, no traffic, low taxes, and arts community very attractive. Prices continue to rise, as developers struggle to keep up with demand.
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