8 West Third – Now Under Construction

The owners of Winston Tower, located at 301 North Main Street, have purchased a new building at 8 West Third Street across the street to redevelop into an exciting Class A office building. The renovations have begun on this historical building full of history and an exciting future.

Eight West Third street, a nine story office building designed by architect Frank Pierce Milburn, was completed in early 1911 to become North Carolina’s first “skyscraper” and the first true headquarters building for the recently created Wachovia Bank and Trust Company (created by the merger of Wachovia National Bank and The Wachovia Loan and Trust Company). Remnants of the former retail banking portion of the building still remain.

Eight West Third, now nearly 100 years old, has watched over the downtown business district as three major home-grown companies, Wachovia Bank and Trust, R.J. Reynolds and Branch Banking and Trust Company, developed into Fortune 500 businesses. A truly iconic presence in Winston-Salem, Eight West Third Street remembers its history yet looks forward to contributing to the continued revitalization of the city’s downtown core.

Once renovations are complete the building will offer 9 floors of Class A office space with each floor consisting of 10,000 SF. The street level floor will be restaurant and retail space to complete the 100,000 SF building. The owners are currently under construction for a new 7-story parking deck with 550 spaces at the corner of Third Street and Main Street. The parking deck will serve both 8 West Third and Winston Tower. The demolition has begun and the project has an estimated completion by fall 2019.

Click Here to Leave a Comment Below

Leave a Reply: