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Category: Economic Development

Economic Development Update: Hospitality Ventures completes purchase of downtown hotels

Atlanta group pays $27 million for Winston-Salem hotel properties The new owner of two downtown Winston-Salem hotel properties spent $27.35 million on its purchase. Hospitality Ventures Management Group closed July 26 on the 315-room Marriott and the 146-room Embassy Suites. Plans have been made to spend more than $20 million on renovations, raising the overall project… Read More »

Economic Development Update: O’Hanlon Building renovations, Marriott and Embassy Suites acquisitions

Renovations coming to O’Hanlon Building O’Hanlon Building at the corner of Fourth and Liberty streets was bought by a Chapel Hill real estate developer with interior renovation plans. To read the Winston-Salem Journal’s full article, click here. Marriott and Emabassy Suites acquired Two downtown Winston-Salem hotel properties — Marriott and Embassy Suites — were acquired by Hospitality Ventures Management Group… Read More »

Economic Development Update: Gabe’s Store Opens on Peters Creek Parkway

Gabe’s Store Opens on Peters Creek Parkway Gabriel Brothers Inc. opened a Gabe’s store on July 23, 2016, at Brewer Crossing Shopping Center in Winston-Salem. To read the Winston-Salem Journal’s full article, click here. Exciting news is being announced about new development projects happening in or around Winston-Salem/Forsyth County. Click here to access an archive of local… Read More »

Check out the Economic Development News Archive!

Exciting news is being announced almost every week about new development projects happening in or around Winston-Salem/Forsyth County. Click here to access an archive of local news articles, for your reference, regarding these announced projects. While the list is not exhaustive, we hope it will assist you in staying up to date on what’s happening in… Read More »


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