A N.C. Senate bill cleared its first committee step Tuesday that would provide commercial real-estate developers with a lower-cost financial option that’s available in 35 states.
Local historic resources officer Michelle McCullough won the highest honor that Preservation North Carolina bestows on working professionals during the group’s annual historic preservation conference, held Oct. 26 in Winston-Salem.
March 20 was a day that Simon Burgess will remember: It was the first night since the start of the COVID-19 pandemic here that all the rooms in the Hotel Indigo downtown were booked.
âThe restaurant has been doing really well,â he added. âIt is still tough, but we can see the light at the end of the tunnel.â
Burgess is managing director of Mayfair Street Partners, which renovated the old Pepper Building as the Hotel Indigo in 2018 and had big hotel plans for nearby Merschel Park. The restaurant in the hotel is the Sir Winston.
Now, Burgess is feeling optimistic about development in downtown Winston-Salem, although heâll be building apartments instead of hotel rooms to overlook Merschel Park at the south end of Trade Street downtown.