Winston-Salem development boom

WINSTON-SALEM, N.C.– New U.S. Census estimates released this week show much of the Piedmont-Triad including Forsyth, Guilford, Davidson, Davie and Alamance Counties saw population growth last year.

In Forsyth County, more than 4,000 people moved-in over 2012, and developers say those numbers only solidify what they’ve been seeing in commercial real estate.There’s been a boom in new business and development over the last year.

“The last 6 months has been a stark improvement I believe,” said Michael Gwyn with Salem Commercial Real Estate.

Gwyn says Hanes Mall Boulevard, downtown Winston-Salem and the area around Hanes Mill Road, have seen vast growth in recent months.

“I haven’t had any trouble what so ever filling retail space when they become empty,” says Gwyn.

At Thruway Center, a new Trader Joe’s has attracted more business like Kilwin’s Ice Cream and Chocolates.

Kilwin’s owner Barry Worst says the census numbers don’t shock him. “There’s been an awful lot of, an awful lot of good things happening,” claims Worst.

Worst says part of the reason he decided to start a new business, was because he saw so many other national chains and large retailers choosing Winston-Salem to expand.

Rockingham, Surry, Stokes, and Yadkin Counties were the only Piedmont counties where the population declined in 2012.

 

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