tobacco

Sunday Headlines
11:14 am
Sun June 29, 2014

Tobacco Headquarters To Become Hotel, Apartments

A Philadelphia company has announced plans to buy and re-develop the historic R.J. Reynolds Tobacco headquarters in Winston-Salem. PMC Property Group plans to spend $7.8 million to buy the 22-story building, and to invest an estimated $60 million overall in the conversion.  Plans call for a boutique hotel on the bottom six floors, and 120 luxury residential units above.

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