Economic Impact
- PTRP is listed in the Regional Strategy as the number one regional project priority
- PTRP is a project that will create a new economy for Winston-Salem and Forsyth County. It seeks to replace the 40,000 jobs lost to the constriction of the textile, tobacco and manufacturing industries. PTRP as a part of Wake Forest University Health Sciences has undertaken the redevelopment of a large portion of downtown Winston-Salem, a project no private developer would undertake
- Approximately 145 developable acres supporting an estimated 6.1 million sq/ft of space. To date, 12 acres support 554,011 gsf of laboratory, office and mixed-use space
- At completion of the expansion (25-30 years), it will provide over 5.7 million square feet of laboratory, office, and mixed-use space. Providing the opportunity for a new employment base that is estimated to approximately 27,000 jobs at full build out
- PTRP is currently home to over 50 companies employing over 900 full-time personnel with a collective annual payroll of more than $50 million
Demographics
- Current tenant population represents 5 of 7 continents and 25 countries
- PTRP will exceed $170 million in measurable annual fiscal benefits of the completed park development to the State of North Carolina, in Forsyth County, as well as surrounding counties.
Sustainability Initiatives
- Paper, Aluminum and Plastics are recycled monthly
Cobblestones
- 350k–400k cobblestones were collected for reuse.
- 187,000 cobblestones were installed along 3rd, 4th, 5th, Patterson and Vine Streets in the North District.
Extensive Remediation and/or Reuse Efforts
- Reusing 1.2 million square feet of former RJR manufacturing facilities
- Remediated a former coal gasification plant and later a dry cleaners
- Remediated 15 acres of land between Business 40 and Stadium Drive
- Relocated and constructed 3 new facilities for the following: RMC Concrete, Piedmont Natural Gas, and R.E. Michael, Inc.
Future Initiatives
- Construction of Research Parkway
- Designed for inclusion of a Pediestrian Bicycle System
- Construction of a Storm Water Retention Facility and Bath Creek Restoration (Partnership with the City of Winston-Salem and will incorporate greenway tie-ins with walking trails)
Railroad
- Two Bridge Beams delivered by flatbed truck, 120 feet long, 11' 4" high, 151,000 lbs each.
- New rail installed measuring 5,393 feet, from Hwy 52 to 3rd Street
Transmission Line
- Installation of transmission duct banks of 1,761 linear feet, from 1st street to south of Stadium Drive
Research Park Boulevard
- Length measures 4,850 linear feet (includes 800 linear feet of 3rd Street improvements)
- From 3rd Street to Stadium Drive
Central District
- Central earthwork, 208,000 cubic yards
- Central roads, 3,400 linear feet to be redeveloped in conjuction with Research Parkway and Storm Water Project.
Bailey Power Plant
Wake Forest Biotech Place
- Glass Blocks
65,869 glass blocks are installed in the building facade. Each block is 8" long, 5" high and 4" thick. Laid end to end, the blocks total 49,401.75 feet or 9.356 miles long. New mortar was installed around each of the blocks on the inside and the outside of the façade for a total length of 153,694 feet or 29.11 miles of mortar. All blocks are original and were made in 1937. - Levels
The entire third floor was removed and raised two feet for the height needed to build labs and offices on the second floor.
All of the concrete floors were removed for installation of underground utility lines and new floors were poured
- Wiring
301.6 miles of electrical wiring and conduit are installed in the building, slightly more than the distance from Winston-Salem to Nags Head, NC (298 miles.)
14,603 wiring devices are installed including outlets, switches, and automatic sensor devices to turn the lights on and off.
- Light Fixtures
9,141 lights are installed including the interior, exterior and street lights for the project.
- Sheet Metal
473,000 pounds of sheet metal are installed in the new facility. That's enough sheet metal to build more than three Boeing 747 airplanes. - Drywall
22,938 sheets of drywall were used, which is equal to 16.85 acres or 734,016 square feet. If you think of the drywall as a four foot tall fence, it would stretch more than 34 miles – almost the distance from Winston-Salem to Salisbury, NC. - Paint
All of the drywall received one coat of base paint and two finish coats for a total painted surface of 50.55 acres or 2,202,048 square feet. If this were a one foot wide paint stripe, it would be 417 miles long – approximately the distance from Winston-Salem to Nashville, TN. - Plumbing and Piping
73 miles of plumbing and mechanical piping is installed - the distance from Winston-Salem to Chapel Hill. - Ductwork
The roof ductwork contains two levels, each is 6'3" high – large enough to fit one SUV. The outside dimensions of the ductwork are 10' wide X 13' high.