757 North Apartments in Winston-Salem are due to open on July 1, but you can get a sneak-preview by checking out a slideshow on the Triad Business Journal’s site. Here’s some more info from the accompanying article:
“The amenities are typical of new construction for multifamily communities,” Nelson said. “We tried to create all the amenities we think working professionals use.”
Laurel Street bought the property from Goler, which is trying to revitalize the Goler neighborhood, once considered the downtown for the city’s black community.
Rents at 757 North range from $740 to $1,550. Nelson said 25 percent — roughly 29 units — are set aside for renters making 80 percent or less of Winston-Salem’s median income, with rents ranging from $740 to $850, Nelson said.
The city of Winston-Salem approved a $1.25 million subsidized loan to be repaid over 20 years as well as a $325,000 land grant.