Winston-Salem Home to One of Country’s Largest Economic Development Projects

Wake Forest Innovation Quarter in Winston-Salem is one of the largest economic development projects in the country and includes a variety of uses including housing:

Eric Tomlinson is President the Innovation Quarter. He says more than $500 million will be invested in the project by the end of 2014.  

“When you add it all up together, by the end of 2014, we expect there to be about 2,800 people working in Innovation Quarter, compared to about 1,000 today. We expect there to be in addition about 2,200 accommodation units in and around this research park, so that means a town, a community suddenly is developing within downtown Winston-Salem,” says Tomlinson…

Tomlinson says Innovation Quarter will eventually become a destination, with a park and Greenway. The Greenway would link with the Salem Connector and Salem Lake.  Overall, Innovation Quarter has 140 developable acres. Tomlinson says only about one-sixth will be completed by the end of next year.