Bank of OZK has a new location under construction on Hanes Mall Boulevard that is making substantial progress. Cindy Christopher was glad to represent the bank as their Commercial Broker for the purchase of 2 acres at Little Creek where their offices will be located.
They are constructing a two-story, 10,300-square-foot branch. The estimated completion is expected to be June 2019 with Fourth Elm Construction overseeing the project as the general contractor.
Bank of OZK entered the market in 2015 after the purchase of of the Mocksville-based, Bank of the Carolinas. Bank of the Carolinas transitioned to Bank of the Ozarks in July 2015 to reflect the ownership’s expansion from Arkansas to nine additional states, including North Carolina, Texas, New York, and California. The bank's headquarters are still located in Little Rock, Arkansas.
The new location is expected to include a modern look with frameless glass partitions, energy efficient windows and LED lighting. This office will be joining the additional 25 offices located in North Carolina.
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.
Spring is an exciting time in Downtown Winston-Salem. Outdoor dining, block parties, and the opportunity to explore new places are just a few things that make our Downtown a special place. In the spirit of this wonderful time we found it appropriate to highlight one of our very favorites spots downtown, Canteen Market & Bistro.
Cindy Christopher has had the pleasure of working with Claire Calvin on all three of her unique and amazing restaurants. Her first woman owned business was Dinners on the Porch which she started in 2010. Next Claire opened The Porch Kitchen & Cantina five years ago in Millworks off Northwest Blvd and helped re-purpose that project. This past year, she opened two more restaurants both downtown: Alma Mexicana opened in January, 2018 in Bailey Power Plant in Wake Forest Innovation Quarter and then Canteen Market and Bistro opened in August, 2018 on 411 W Fourth Street.
Canteen Market & Bistro opened August 2018 on the corner of 4th and Spruce Street in Downtown Winston-Salem. Claire Calvin partnered with Eric Swaim, partner of Hoots Roller Bar and Hoots Beer Co., as co-owners of this exciting new addition. Canteen aims to be more than a restaurant and features a specialty market, gourmet grab-and-go, and a 60-seat dining area. The market is curated to feature specialty items that can not be found in a typical grocery store including rare wine, unique ingredients, and delicious gifts. The bar serves morning coffee and is open throughout the evening for cocktails, wine, and beer. The deli and grab-and-go section were inspired to help people solve dinner and offer quick lunches for downtown employees. The dine in menu offers global inspiration while utilizing local ingredients creating dishes that offer a bistro vibe.
In February 2019 Claire Calvin and Canteen Market and Bistro were both honored with a Downtown Excellence Award. The Downtown Excellence Awards were established in 1995 and are presented to projects, people, and events who have brought excellence to Downtown Winston-Salem.
Christopher Commercial is so proud of Claire Calvin, Eric Swaim, and their entire team. We are happy to not only see their success and impact in Downtown Winston-Salem but are also pleased to share office space with their team and call them friends. Cheers to Canteen Market & Bistro and Spring in Downtown Winston-Salem.
Check out all of their amazing restaurants: