WINSTON-SALEM – Wake Forest Innovation Quarter in downtown Winston-Salem has announced new branding, including a new interactive website, a redesigned logo and a simplifying of its name, shifting from Wake Forest Innovation Quarter to Innovation Quarter.
Until 2013, the innovation district was named Piedmont Triad Research Park. The name changed to Wake Forest Innovation Quarter in 2013 as a master plan began to take shape around mixed-use, collaborative space featuring retail and residential alongside recreational green space and community programming.
Going forward, the Innovation Quarter name better reflects the diversity of the companies, institutions, students and people living, working, learning and playing here. The Innovation Quarter is governed by and is a major strategic initiative of Wake Forest School of Medicine, part of Wake Forest Baptist Health.
It operates with an advisory board made up of community, academic and business leaders from throughout Winston-Salem and the Piedmont Triad region.
Amazing growth seen
“The Innovation Quarter has seen amazing growth over the last several years, and it has been so inspiring to see the community that has evolved here to support and promote true collaboration,” said Julie Ann Freischlag, MD, CEO, Wake Forest Baptist Health and dean, Wake Forest School of Medicine in a statement.
“While the name is simplified to reflect an increasingly broad, inclusive and diverse number of tenants and institutions, our commitment to Innovation Quarter’s mission of driving economic growth and building vibrant community remains unchanged.”
The new branding centers around the concept of the Innovation Quarter providing a “pathway to innovation,” where anyone can find their spot to live, work, learn or play in this growing area of downtown Winston-Salem. Innovation Quarter worked with local design firm Elephant in the Room to develop the new branding.
“It was very important to build a brand that reflects the vibrancy of everything going on here currently—startups, concerts, major scientific research, food trucks, entrepreneurship—while also having an eye for the deep history and architectural identity that has existed here for decades,” said James Patterson, director of marketing and communications for the Innovation Quarter in the new branding announcement.
Numerous development projects made it possible
Wake Forest School of Medicine began developing a downtown presence in 1994 with the opening of the Piedmont Triad Community Research Center on South Chestnut Street. The gifting of several dozen acres of land and former tobacco manufacturing buildings by R.J. Reynolds Tobacco Company in the early 2000s precipitated a major effort by Wake Forest University Health Sciences to transform the area into more than just a research park.
Since 2012, through the Innovation Quarter’s partnership with Wexford Science + Technology, the City of Winston-Salem, Forsyth County and other public institutions, more than 1.2 million square feet of office, retail and green space have been redeveloped.
Other development partnerships soon emerged as Grubb Properties launched the largest private downtown residential project in Winston-Salem history in the form of Link Apartments Innovation Quarter, and Front Street Partners announced the development of Bailey South, which is set to be completed later this year. The next major phase of development features 28 shovel-ready acres between Third Street and Salem Parkway.
The revitalization of the historic tobacco buildings that now comprise the north district was also recognized by Preservation NC as the largest historic redevelopment project in the history of the state of North Carolina.
To date, approximately $800 million has been invested in the redevelopment effort, which also includes major infrastructure projects such as the development of Research Parkway and the storm water retention pond.
More than 1,100 employees from Wake Forest University and Wake Forest Baptist now work in the Innovation Quarter alongside close to 1,800 degree-seeking students between the School of Medicine and Wake Downtown, the university’s undergraduate presence in downtown Winston-Salem.