Wondering why there are so many construction projects downtown? The Winston-Salem/Forsyth County Planning and Development Services Department says downtown housing accounted for 25% of total revenue over the past 10 years and 71% of the 2022 value. Here are current projects making big investments:
- Metropolitan Village, 310 Woodland Ave. | $60 million | The mixed-use project has 325 units currently under construction.
- Choice Neighborhoods, 1135 E. 15th St. | $32 million | This development will bring 406 units for people and families with low and moderate incomes. Units built in Phase I will be available for lease in January 2024.
- 920 Brookstown Apartments (yet to be named) | $98 million | The luxury community will feature 345 units near Truist Ballpark with a six-story parking deck.
- 923 N. Liberty St. Apartments (yet to be named)| $104 million | The complex will have 275 units, with a five-story parking deck. Construction is expected to take about two years.