“The City of Arts and Innovation” has been one of North Carolina’s most progressive metropolitan areas over the past few years due to its revitalized Innovation Quarter featuring the state’s top biomedical research and technology park. And with historic Old Salem and art galleries galore, the walkable downtown area even landed on Forbes‘ list of the 14 best places to travel in the United States in 2019.
Construction will soon begin on Greensboro’s first new downtown office tower in decades, all a part of “Project Slugger.”
Front Street Capital announced plans for a groundbreaking on Thursday in the outfield of First National Bank Field, home of the Greensboro Grasshoppers.
The 9-story, 110,000-square-foot tower will stand at the corner of Eugene Street and Bellemeade Street. The design focuses on brick and glass to keep in line with the area’s aesthetic and introduces some more modern elements.
Amazon confirmed Wednesday it will begin operating a 1 million-square-foot fulfillment center in Kernersville in 2020 with about 1,000 full-time and full-time- equivalent employees.
The company will lease 50,000 square feet at the Gateway Building on South Elm Street downtown.
The planned merger of regional banks BB&T Corp. and SunTrust Banks Inc. will result in some management jobs for the combined company being moved out of the Richmond region to Greensboro.
SunTrust confirmed last week that it plans to locate the leadership team for the combined company’s mortgage business in Greensboro, which will mean relocating leadership positions from SunTrust Mortgage operations in South Richmond.