WINSTON-SALEM, N.C. — Wake Forest Baptist Medical Center unveiled a new state-of-the-art 242,000 square foot biotechnology research and innovation center Tuesday in Winston-Salem.
Biotech Place is Wake Forest Baptist’s newest research facility and its sixth building in the Piedmont Triad Research Park, official said.
It is located at the corner of Fifth Street and North Patterson Avenue and made of two former R.J. Reynolds tobacco facilities which underwent an 18-month $100 million renovation.
“The opening of this modern, high-tech research and innovation center represents a major milestone in Wake Forest Baptist’s development and growth of a new biotechnology-based economy in Winston-Salem designed for the 21st century,” said John D. McConnell, chief executive officer of Wake Forest Baptist Medical Center, in a press release.
Officials said the facility was designed to allow Wake Forest Baptist’s many renowned research departments to grow.
Gov. Bev Perdue, U.S. Sen. Richard Burr, R-N.C., and Mayor Allen Joines. Dr. John McConnell, chief executive of Wake Forest Baptist Medical Center, and Doug Edgeton, were expected to speak at the facility’s opening.
Wake Forest Baptist said it will open the 242,000-square-foot facility to the public from 2 to 4:45 p.m. Friday.
The facility is being developed by Wexford Science and Technology LLC of Baltimore, who is leasing the facility to Wake Forest Baptist, which oversees the park.