News

R. J. Reynolds Factory Converted into Wake Forest Biotech Place – Winston Salem, NC

August 3, 2016 Written by: The Historic Tax Credit Coalition

MacRostie Historic Advisors, LLC assisted with the completion of the first phase of a larger project that has converted the historic R.J. Reynolds tobacco factory complex into a state-of-the-art medical research and biotech park in the heart downtown as conceived by Wake Forest Innovation Quarter (formerly Piedmont Triad Research Park).The rehabilitation of the former R. J. Reynolds Tobacco Factory No. 91 produced 242,000 square feet of laboratory, meeting, office, and retail space, including a business accelerator. Over $44 million in federal and state historic tax credits were used for this $103 million project.  See the full article here>>

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R. J. Reynolds Factory Converted into Wake Forest Biotech Place – Winston Salem, NC

August 3, 2016 Written by: The Historic Tax Credit Coalition

MacRostie Historic Advisors, LLC assisted with the completion of the first phase of a larger project that has converted the historic R.J. Reynolds tobacco factory complex into a state-of-the-art medical research and biotech park in the heart downtown as conceived by Wake Forest Innovation Quarter (formerly Piedmont Triad Research Park).The rehabilitation of the former R. J. Reynolds Tobacco Factory No. 91 produced 242,000 square feet of laboratory, meeting, office, and retail space, including a business accelerator. Over $44 million in federal and state historic tax credits were used for this $103 million project.  See the full article here>>

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