Historic buildings come with a story, and this one was no exception. 👏 Congratulations to our #StratusTeam members with Kilian on helping breathe new life into this Winston-Salem landmark. Thank you to Joshua Patinkin, Max Patinkin, and Dash Davidson of High Tide Capital LLC, along with John Lenham and Alex Hale of Windsor Commercial, for their trust and collaboration throughout the project. As construction begins on this exciting redevelopment, we're proud to be part of a team helping transform a historic landmark for its next chapter. Projects like this are made possible through strong partnerships, and we're looking forward to seeing the vision continue to take shape. #BetterPlansBetterPlaces #HistoricPreservation #EngineeringExcellence
We’re excited to announce construction start and the closing of financing and historic tax credit equity for The Loewy in Winston-Salem. Originally designed by renowned industrial designer Raymond Loewy, this historic department store will be thoughtfully transformed into 54 apartments and 11,180 square feet of prime commercial space, celebrating the building’s architectural legacy while creating a vibrant new chapter in downtown Winston-Salem. The redevelopment will have modern residential amenities including a fitness center, resident lounge, library, community kitchen, bike room and on-site storage. Our closing would not have been possible without an outstanding team of partners. We are incredibly grateful to Windsor Commercial, Carter Bank, Foss & Company, Ryan, Stonewall Structural Engineering, PLLC, Kilian Engineering, Inc, Housing Authority of the City of Winston-Salem, De-Jan Lu, and our many community partners for their collaboration, expertise, and commitment throughout the process. We’d especially like to recognize Alex Hale, John Lehman, Cindy Christopher, Todd Haynie, Sean Olson, Eric Brubaker, Tony Pucci, Alex Moran, Jordan Hogness, Richard Sidebottom, Jake Blankenship, PE, Michael Kilian, Chris Lawson, Allen Joines, Peter Placentino, Albert Rex, and everyone else whose hard work helped bring this vision to life. We’re honored to restore this landmark to its former High Tide. #HistoricPreservation #HistoricTaxCredits #AdaptiveReuse #RealEstateDevelopment #WinstonSalem #DowntownRevitalization #CommunityDevelopment