In an interview with the Triad Business Journal the executive VP of Kimpton Hotels outlined some of the details for the redevelopment of the Reynolds Building in Winston-Salem:
What’s the estimate for how you’ll split up the building? The hotel portion will be approximately 175 rooms. I think the apartments are roughly 130 units. I’m not sure exactly how that’s split but it’s probably somewhere in the vicinity of 50/50. It kind of helps make the numbers work.
Will both the hotel and apartments come online at the same time? Yes, somewhere in the latter part of next year (2015). End of summer or early fall.