Construction Update: The Grounds

Carter and Front Street Capital - in partnership with Wake Forest University and the City of Winston-Salem - started construction on The Grounds in December 2024.

UNDER CONSTRUCTION - Winston-Salem, North Carolina

Carter and local partner Front Street Capital are developing The Grounds, a 100-acre mixed-use development consisting of a 42,000 SF pedestrian-friendly retail village, for-sale condominiums, 229 unit modern residential living, 127,000 SF class-A office building anchored by Wake Forest University, and enhanced infrastructure including walking paths, new roads, and utilities, throughout the entire site. Located in Winston-Salem, North Carolina, the $200+ MM first phase is under construction. Nelson is the architect and Brasfield & Gorrie is the general contractor. Stimmel Associates and McAdams are providing Civil Engineering.

Next
Next

As Carter enters new chapter, retired chairman reflects on storied history and what's next for Atlanta real estate firm