WFU to work with Carter and Front Street Capital to redevelop Deacon Blvd. area

Wake Forest University has selected the team of Carter and Front Street Capital to explore redeveloping University-owned property, east of the Reynolda Campus adjacent to Allegacy Stadium, Couch Ballpark and the Lawrence Joel Veterans Memorial Coliseum. The University selected Atlanta-based Carter with Winston-Salem-based Front Street Capital through an extensive process that highlighted the groups’ relevant project experience and success, as well as their approach to development adjacent to universities and within similar communities.

“This part of our city to the east of Wake Forest’s Reynolda Campus presents numerous opportunities for business, residential, and retail spaces,” said Wake Forest President Susan R. Wente. “We want to support a thriving community where people can live, work, play and stay, with a goal of ensuring the area between Reynolds Boulevard and Coliseum Drive serves our Winston-Salem community.”

The development project will enhance the event and entertainment activities already taking place at Wake Forest’s athletic venues and the Winston-Salem Annex and Fairgrounds, as well as drive economic activity and tourism to Winston-Salem and Forsyth County.

Read more on the Wake Forest News website.