You have a few million dollars burning a hole in your pocket. What do you do? You could buy a yacht or take a trip to the moon. You could even travel around the world – and still have money left over – but if that doesn’t appeal to you, you could start a new development in Greensboro, NC. Wait…what?
During fiscal year 2015-16, our city has a full slate of projects on its agenda. Greensboro Technical Community College’s (GTCC) Center for Advanced Manufacturing is set to open its doors in 2016, the Downtown Greenway continues to expand, Barber Park enhancements are on the drawing board, and improvements to the High Point Road/Lee Street (now officially called Gate City Boulevard) streetscape are made daily, as are roadway improvements along other thoroughfares such as Horse Pen Creek Road, Cone Boulevard/Nealtown Road, and Fleming Road.
Also on tap are three downtown projects. First, businessman Roy Carroll is developing a new Wyndham Hotel at 330 and 332 Greene St., a four-acre site. In addition to the hotel, there will also be a conference center, both of which will overlook NewBridge Bank Park.
Opportunity Greensboro has also revealed a new project this year: Union Square Campus. This project is expected to finish during summer 2016 and will focus on training and educating future healthcare professionals. Visit the construction site at 104 E. Gate City Blvd. or via live webcam on this website.
Businessman Steven Tanger is playing a part in another downtown development plan: a multi-million dollar performing arts center. This multi-function center, which will house 3,000 seats, is set to finish construction in summer 2017. The Steven B. Tanger Center for the Performing Arts is expected to bring to Greensboro more than $7 million dollars annually and add 268 jobs to the city’s ranks.
There’s little doubt all these investments will continue to move Greensboro along on its positive trajectory into a new, modern era, rivaling larger municipal counterparts state-wide and nationally. So if you or folks you know have money burning a hole in their pockets, send them to Greensboro. We’re ready, willing and able to do business with them!
Written by Olivia Buffington