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Bailey Power Plant in the WFIQ in DT Winston-Salem

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The first phase of the Bailey Power Plant is a 110,800 SF redevelopment of the massive former RJ Reynolds Tobacco Company’s coal-fire power plant on Patterson Avenue between Fourth & Fifth Streets. Located in the epicenter of the Wake Forest Innovation Quarter, the Bailey Power Plant is Wexford Science & Technology’s sixth project and will bring Wexford’s redevelopment total to one million square feet and nearly $400 million in investment.

It's central location in the Innovation Quarter across from Bailey Park will serve as an iconic site for office, restaurant & other entertainment tenants. The first tenant announced was the Venture Cafe':

The global entrepreneur organization known as Venture Café, Started in 2009 in Cambridge, Mass., Venture Café began its global expansion in 2014. Its first expansion outside the Boston-Cambridge, Mass., area was in St. Louis, Mo. Venture Cafes are also in Miami, Fla., and Rotterdam, Netherlands.The organization is in a growth mode and currently considering other cities around the world. Each Venture Café is somewhat unique in each city but all part of a global network coordinated by the Venture Café Global Institute dedicated to building strong inclusive innovation ecosystems. The Venture Cafes are unique to their resident cities but can pull resources from the global network. Upcoming Venture Café locations will be opening soon in Philadelphia, Warsaw, Santiago, and Tokyo

Bailey Power Plant will have a Venture Cafe "Innovation Hall." It will be 6,300 square feet in size and is rentable.

Bailey Power Plant's Innovation Hall is called "Turbine Hall" - https://www.venturecafewinstonsalem.org ... rbine-hall

The Space:
We have six spaces available for events depending on size.

Conference Rooms 1, 2, and 3
Enclosed space seating 8-10 conference style – $50/hour. Requires 1.0 hours set up and breakdown.

Conference Rooms 4 and 5
Enclosed space seating 16 conference style – $75/hour. Requires 1.0 hours set up and breakdown.

Turbine Hall:
Open space seating 140 theatre style or 160 banquet style. $100/hour. Requires 2.0 hours set up and take down.

Full Day @ Turbine Hall:
Book all five conference rooms plus Turbine Hall. $3,000/day. Requires 8 hours of set up and take down. 6300 sq. feet total.

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Here's rendering of the finished project. I have a feeling that the Power Plant will become  the epicenter of the Innovation Quarter.

 

The first restaurant announced for B.P.P. is from Claire Calvin,  the owner of an extremely popular West End restaurant called The Porch, which serves authentic Tex Mex cuisine in the West End Millworks complex.   The name of the new restaurant Alma Mexicana translates to "Mexican soul."

The native Texan said the new location would have a simpler, smaller menu at lunch designed to accommodate downtown workers, and a more "sophisticated" dinner atmosphere featuring shared-plate menu items and cocktails. She envisions Alma Mexicana to be an ideal, laid-back spot for Saturday lunch with the kids and a good spot to take a date at night.

In addition to seating about 50 inside, the new restaurant will be able to serve another 25 on a patio below street level that she described as like a "sunken garden." The Porch has 3,000 square feet plus outdoor seating.  Two bars are planned -- one geared toward lunch service with beer taps, and another orientated more toward cocktails and the night crowd.

Conceptual rendering of Bailey Power Plant - courtesy Wexford Science+Technology

Earlier this week, additional tenants were announced:

CML Microsystems, a wireless semiconductor and flash memory controller manufacturing and distribution company, will relocate its U.S. headquarters from Corporate Square Drive in Winston-Salem to occupy 5,650 square feet of a total approximate 20,000 square feet of the third floor of the main building of Bailey Power Plant. Twelve employees will conduct product marketing, sales, distribution and technical support out of the new location.

“We are excited to be moving into the Innovation Quarter,” said Mark Gunyuzlu, president of CML Microsystems. “We have many capabilities in analog, mixed signal, DSP and microprocessor design, and we hope to leverage our technical depth and expertise to generate opportunities for collaboration with other companies there and so grow our presence.”

Several Wake Forest Baptist Medical Center entities will occupy the fourth and fifth floors. Wake Forest Innovations and Wake Forest Innovation Quarter will relocate approximately 40 employees in 13,460 square feet of the fifth floor. Other Wake Forest Baptist entities to locate on the fourth floor and the remainder of the fifth floor will be announced at a later date.

Wake Forest Innovations is comprised of the Center for Technology Innovation & Commercialization, which collaborates with industry to accelerate the development and commercialization of inventions stemming from Wake Forest Baptist, and the Center for Industry Research Collaboration, which expedites industry collaboration with faculty and staff engaged in pre-clinical and clinical research.

Wake Forest Innovations personnel are currently located at multiple sites in Winston-Salem. The move to Bailey Power Plant will unite these teams under one roof and will free up space needed for the growing research activities of the Wake Forest School of Medicine.

Wake Forest Innovations will implement a “hybrid office” design in its new space, aimed to facilitate collaboration among teams. The new workspaces will feature open-concept workstations, small- and medium-sized “huddle” spaces, multi-use conference rooms and sound-dampening booths for private calls or focused work.

“The way people work and interact has changed rapidly over the past decade,” said Eric Tomlinson, chief innovation officer for Wake Forest Baptist Medical Center and president of Wake Forest Innovation Quarter. “This new work space in Bailey Power Plant will reflect our commitment to collaboration and become an incubator for understanding how teams can embrace open communication and work cooperatively.”

“The addition of these diverse and exciting groups to Bailey Power Plant continues the momentum that the Innovation Quarter has experienced over the last half-decade,” said Will Partin, senior director of development for Wexford Science & Technology. “Bailey Power Plant played an important role in the history of downtown Winston-Salem, and we are excited for it to continue helping energize the city for decades to come.”


New renderings released by Wexford Science & Technology reflect how the outdoor spaces around the main building of Bailey Power Plant will be revitalized. For example, the south entrance of Bailey Power Plant on 4th Street, which features a historic rail line that once brought coal into the power plant, will be repurposed into an elevated rail track, reminiscent of the High Line development of former overhead rail lines in New York City.

http://www.innovationquarter.com/wp-con ... 603161.jpg


Canopied tables and chairs will be present along the elevated track and throughout the outdoor areas for workers, student, residents and visitors. Light fixtures will be added at the top of the chimneystacks, offering an exciting element to Winston-Salem’s skyline.

http://www.innovationquarter.com/wp-con ... 606161.jpg

http://www.innovationquarter.com/wp-con ... Night1.jpg
 

 
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This project looks incredible.  I can't wait to see how it adds to the Innovation Quarter!

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It certainly willl be an anchor in the innovation quarter that will attract more residential. Hopefully they'll announce the entertainment elements soon. 

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