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Wake Forest Innovation Quarter


twincity

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^ There are a few tech companies there, like Digital Optics Corporation (which makes semiconductors) and Verbatim though not many. UNCC and a number businesses however, have broken ground on the Charlotte Research Institute (CRI) located on US-29 adjacent to the campus, which will have research and lab facilities for precision metrology, optics, bioinformatics and business info systems.

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PTRP update...

Wake Forest University plans to relocate their business incubator to Linden and Third in Piedmont Triad Research Park from University Parkway.

Park officials also plan to add a 5,000-square-foot "laboratory hotel" on the first floor of the Biotechnology Research Facility 1.

article

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so the county approved their $6.7 million package too! :shok: theyre known for being slightly against incentive packages for economic development. i could be wrong but didnt Gloria Whisenhunt vote against the Dell and Tengion incentive packages?

from journalnow.com:

"...An estimated 500 to 600 Health Sciences employees, either new or transferred, will work in the two new buildings and the new parking deck.

Health Sciences also expects that 75 to 100 new private-sector jobs will be available in the new facilities."

up to 700 jobs for PTRP

Edited by twincity
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so the county approved their $6.7 million package too! :shok: theyre known for being slightly against incentive packages for economic development. i could be wrong but didnt Gloria Whisenhunt vote against the Dell and Tengion incentive packages?

Gloria is usually strongly against incentives, but since Wake wasn't going to seek tax-exempt status for this project and it would provide good paying jobs plus add to the tax base, she supported this package. Good news for Downtown/W-S/and Forsyth Co.! :thumbsup:

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Gloria is usually strongly against incentives, but since Wake wasn't going to seek tax-exempt status for this project and it would provide good paying jobs plus add to the tax base, she supported this package. Good news for Downtown/W-S/and Forsyth Co.! :thumbsup:

also, it was reported that she also went along with it because "it is also for infrastruce witin the park, something all citizens can appreciate".

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WFU may build again in park...Health sciences would add offices

excerpts from journalnow.com

The proposed 100,000-square-foot building would primarily offer office space for its division of public- health sciences, as well as other groups looking for office space, officials said.

Health sciences is still reviewing a request for proposals from architectural companies to design the building, said Dr. Richard Dean, the president of health sciences, which oversees the research park.

Wake Forest 's division of public-health sciences is a 270-employee division sprawled across several offices throughout Winston-Salem, officials said.

Dean also said that health sciences was attempting to recruit other companies and scientists to the research park but declined to identify potential tenants.

http://journalnow.com/servlet/Satellite?pa...d=1149192519148

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from journalnow.com

Targacept leases more space at research park

Targacept Inc. said yesterday that it signed a lease for additional space in the Piedmont Triad Research Park.

Targacept will add about 17,000-square feet of office and laboratory space in the summer, officials said. The biotechnology company occupies about 40,000 square feet in One Technology Place, a building in the research park.

Targacept is developing drugs based on nicotine research to treat diseases of the central nervous system.

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Winston-Salem wants funding for NanoMed Institute

Creation of the North Carolina NanoMedicine Institute in Winston-Salem's Piedmont Triad Research Park could generate as many as 6,000 jobs during the next 10 years, with an average annual salary of $87,000.

But first, chambers of commerce from around the Piedmont Triad must convince the General Assembly to provide $15 million in initial funding for the project, according to an announcement from the Winston-Salem Chamber of Commerce.

N.C. NanoMed would be an independent nonprofit medical testing facility designed to help companies obtain FDA approval for nanomedical products. The institute would include researchers from area colleges and universities, who would work with the companies in the testing process, the announcement said.

David Carroll, director of the Center for Nanotechnology and Molecular Materials at Wake Forest University, said there is a shortage of such testing facilities, and that is impacting the industry's ability to bring nano-related products to market.

"N.C. NanoMed is expected to be one of only two FDA testing facilities in the nation, and will fill an unmet need for regulatory review of nanotechnology in medical applications," Carroll said.

Project boosters say the Triad already has a significant number of nanotechnology resources, and a facility such as N.C. NanoMed would draw many more.

Rep. Larry Womble, D-Forsyth, is currently drafting a bill for the $15 million funding request that will be submitted prior to the May 9 filing deadline.

If Winston is able to get this it would help the whole park, and new companies will start to move to the park.

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Winston-Salem wants funding for NanoMed Institute

Creation of the North Carolina NanoMedicine Institute in Winston-Salem's Piedmont Triad Research Park could generate as many as 6,000 jobs during the next 10 years, with an average annual salary of $87,000.

But first, chambers of commerce from around the Piedmont Triad must convince the General Assembly to provide $15 million in initial funding for the project, according to an announcement from the Winston-Salem Chamber of Commerce.

N.C. NanoMed would be an independent nonprofit medical testing facility designed to help companies obtain FDA approval for nanomedical products. The institute would include researchers from area colleges and universities, who would work with the companies in the testing process, the announcement said.

David Carroll, director of the Center for Nanotechnology and Molecular Materials at Wake Forest University, said there is a shortage of such testing facilities, and that is impacting the industry's ability to bring nano-related products to market.

"N.C. NanoMed is expected to be one of only two FDA testing facilities in the nation, and will fill an unmet need for regulatory review of nanotechnology in medical applications," Carroll said.

Project boosters say the Triad already has a significant number of nanotechnology resources, and a facility such as N.C. NanoMed would draw many more.

Rep. Larry Womble, D-Forsyth, is currently drafting a bill for the $15 million funding request that will be submitted prior to the May 9 filing deadline.

If Winston is able to get this it would help the whole park, and new companies will start to move to the park.

This is great news. I just hope Womble's able to get the backing needed to make this a reality.

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the NanoMed institute would be wonderful for winston-salem because it would help attract many new companies and people to the city who aspire to work in such a intelligent environment where many great findings are being found and research being conducted.

Also because more people into the city could possibly boost sells of downtown homes and surroundings areas because of the convenience........these people would definitely be those in higher pay ranges looking for upscale living.

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PTRP Updates

The Piedmont Triad Research Park wants the city of Winston-Salem to contribute $125,000 to help pay for $626,000 of low-cost wet-lab incubator space for start ups. The park wants to build three labs with a combined 5,000 square feet of space and has raised $378,000 from private sources.

http://www.journalnow.com/servlet/Satellit...d=1173352340690

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Device Partners International is a new firm led by Kent Riddle lured to Winston-Salem by our biotech cluster. The firm has secured licenses and patents for a number of product lines.

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CJMW has been contracted to design a building for Forsyth Tech on the southside of PTRP below Business 40.

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