
The $100-million project is an elaborate public/private partnership with U.S. Bank and Blue Cross Blue Shield of N.C. having made investments for the $34-million in the state mill rehabilitation historic tax credits program. In addition, Winston-Salem / Forsyth County's $6.2-million contribution toward infrastructure upgrades, development by Wexford Science and Technology LLC of Baltimore, and administered by Wake Forest Baptist Medical Center.
The 270,000-sqft building, which will employ 450 workers, includes the Departments of Physiology/Pharmacology, Biomedical Engineering, Immunology and Microbiology as well as the Childress Institute for Pediatric Trauma. Other tenants include Carolina Liquid Chemistries, Allegacy Federal Credit Union, private start-up companies, and a space for a cafe on Patterson Avenue at Fifth Street.
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