It looks like the latest high-rise development in Winston-Salem centers around the historic 1926 Union Station and Harvey Davis. After threatening to take the historic 3-storey 1926 train depot from Mr. Davis, the city decided to let him present a proposal for restoring the historic building for train service and he presented a nice one.

The proposal:
Excelsior Street Development LLC (Chris Frantz & Bill Cannon) is proposing a 13-14 storey, $38 million residential tower, with 100 units and 300 car parking deck. This tower will have two below ground floors for retail and a bank office. Units will start at $145,000 for 800 square feet, which isn't too bad. That's almost half the price others are asking for residential units. A wide terraced pedestrian mall with retail and offices will connect this development with Winston-Salem State University and lead down to the rail tracks. In exchange for allowing Mr. Davis to build all this, he will sell one floor of the historic 1926 Union Station to the city of Winston-Salem for commuter rail train service and all the other floors will be retail and offices. It does look like he wants the city to pitch-in with tax increment financing and a new round-a-bout. Walter Robbs Callahan and Pierce are the lead architects for the new tower and restoration. This should be a major restoration project and new construction development on the edge of WSSU's main campus. The tower will rise near the intersection of I-285 and the East-West Expressway, so it will be a new distraction at that major downtown interchange. :D

Sounds like an excellent project, and the condo prices are VERY reasonable, in my opinion. Nowadays, there are way too many developers who ask for too much money, in my opinion, possibly forced upon the buyers by exaggerated land acquisition rates. It happens here, in Raleigh, and we are a bit puzzled by the fact that nobody truly caters to those who cannot afford anything more than mid-priced units - they are the largest segment of the market. Obviously, there are no renderings available to the public yet, but could you please post a link to a map that shows the exact location of this proposal? I went to Google Maps and the image seemed to be outdated :( Where in the following map is this project going to be?

http://maps.google.com/maps?f=q&hl=en&q=winston+salem,nc&ie=UTF8&z=16&ll=36.092251,-80.227811&spn=0.008808,0.021629&t=h&om=1

[Note: I forgot to put the link earlier, so I added it.]

http://img237.imageshack.us/img237/1118/satellite1gp6.gif
a graphic from journalnow.com posted by 27101

Thanks, TwinCity :okay: Now I have a good idea about the location.

Cool news. Winston continues to impress me with their development.

http://i13.photobucket.com/albums/a295/twincity2/unionstation.jpg
DWSP just released this rendering.

http://i13.photobucket.com/albums/a295/twincity2/unionstation.jpg
DWSP just released this rendering.That's a sharp looking building.:banana:

I second that :okay:

project's website u/c.

http://www.excelsiorstreet.com/

really not a fan :-(, We'll see in a better rendering, honestly that is a very crappy rendering.

Not sure about the coloring. Makes it look like a big barnhouse. The surface details would probably make it look better, in a high-quality render.

the color is most definitely saturated in the rendering. i doubt it would be that red. another possible explanation for the color scheme is that they're trying to blend with the buildings on WSSU's campus? their facilities are mainly red brick. as for the quality, i apologize. i blew it up from a .pdf file. it was a very small pic originally.