This 473,900 square foot second phase of the Wake Forest Innovation Quarter project has extended Wexford’s vision of rehabilitating this once vacant industrial district into a sustainable, mixed-use, knowledge-based community which residents of Winston-Salem and the Triad area will be able to work, live and play for many years to come. The project’s tenants include the new home for the Wake Forest School of Public Health as well as the new headquarters for Inmar, Inc. This project created 600 new permanent jobs and had a $170 million construction budget. In September of 2014, Novogradac and Company awarded Wake Forest 90’s Buildings with the Major Community Impact award at its annual Historic Tax Credit Conference.

PROJECT DETAILS

LOCATION

Winston-Salem, NC

FEDERAL HISTORIC TAX CREDIT

$23.2 million

STATE HISTORIC REHABILITATION TAX CREDIT

$34.8 million