Blue Cross and Blue Shield of North Carolina (BCBSNC) is going to be turning former R.J. Reynolds Tobacco warehouses into labs that will conduct research in Winston-Salem. Not only is this move good for BCBSNC but it is also good for the city of Winston-Salem, according to digtriad.com Doug Edgeton, president, Piedmont Triad Research Park (PTRP), had the following to say about the project:
“This investment by Blue Cross Blue Shield of North Carolina will enable us to preserve a former manufacturing area in the heart of downtown Winston Salem. The State Mill Tax Credit program is a very effective tool for sustainable redevelopment and provides tremendous benefits to the local economy. PTRP is very excited about Wexford’s redevelopment of the R.J. Reynolds 91 Buildings, which is the first step towards a transformation of the park’s North District.”
The buildings are slated to become medical labs and will conduct research as well. There are future plans for the sites as well, and the project area as a whole will be known as Wake Forest BioTech Place and will be occupied by Wake Forest University Baptist Medical Center researchers.