Winston-Salem, NC Chatham Mill Revitalization
Press Release by American South Real Estate Fund
In 2013, Vintage Realty Company teamed up with SDS Group to start the American South Real Estate Fund (ASREF).
“Financing has closed and construction is underway on Phase II redevelopment of the former Chatham Mill in Winston‐Salem. Phase II continues revitalization of the mill’s long‐abandoned buildings.
New meeting and gathering space will be added, along with office space to support a range of community services provided by the new tenant. These services will be in addition to the workforce and affordable housing that was created in Phase I.
The three‐phase community development project is proving to be transformative for the north and northwest wards of Winston‐Salem, as formerly obsolete structures on the nine‐acre site are restored and put back into use by Chatham Mill Ventures.
“The Chatham Mill complex continues to transform a forgotten industrial site into a vibrant place to attract our next generation of Winston‐Salem residents,” said Northwest Ward Council member Jeff Macintosh. “This is the type of project that puts us in the race for high‐quality jobs as we compete for talent and innovation.”“