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SELF-HELP VENTURES FUND RAMPS UP CONSTRUCTION ON 45-ACRE REVOLUTION MILL SITE
Self-Help Ventures Fund, owner of Revolution Mill and the surrounding 45 acres two miles north of downtown Greensboro, closed recently on a financing package and began an accelerated con-striation schedule to complete the redevelopment of the mixed-use, destination campus by the third quarter of 2016.
The total cost of the development will exceed $100M, making it the largest current commercial construction project in Greensboro. Development Manager Micah Kordsmeier said construction will ramp up immediately on an accelerated schedule. “We have been steadily working since 2012, investing over $10 million since acquiring the property,” he said. “That investment allowed us to save a deteriorating landmark by replacing 370 eight-foot windows and three acres of leaking roof while planning for a future as a cultural hub for the Triad. We are excited that we can now go full speed ahead.”
Revolution Mill will have 142 one and two-bedroom apartments, 240,000 square feet of light-filled office space, and multiple dining options, but the real draw will be its cultural amenities. Space for 20-30 working artists, galleries, and a variety of indoor and outdoor event spaces will make Revolution a new center of creative activity. A planned greenway will make the campus a 15-minute bike ride to downtown via the Latham Park trail, and the Downtown Greenway.
General contractors on the reconstruction of the 520,000 square foot mill and adjoining 19-acre lot spanning North Buffalo Creek, are C.T. Wilson of Durham and Weaver Cooke of Greensboro. The project will create 1,200 jobs over the next 18 months, supporting a payroll of some $25 million. David Ramsey, Executive Vice President of Greensboro Partnership Economic Development, said “Revolution Mill is a unique project, one that creates an exciting new hub of activity north of downtown. It will benefit Greensboro and its residents for years to come.”
Approximately 125,000 square feet is built out and occupied, said Kordsmeier. “In the next phase, we will link the building closest to Yanceyville St., the former Nussbaum Center, to the completed phase.
The top two floors will be premium office suites from 3,000 to 40,000 square feet.
WES MILLER TO SPEAK AT PIED- MONT CLASSICAL HIGH SCHOOL
When Piedmont Classical High School (PCHS) opens its doors to students on August 19, the traditional, back to basics school will look very unconventional. An opening ceremony will kick off three days of orientation, with students listening to speakers, attending break-out sessions, participating in homeroom competitions, and watching special staff performances. Each day will have a theme that supports one of PCHS’s pillars: citizenship, scholarship, and character.
Greensboro City Councilman Jamal Fox will speak on the day dedicated to scholarship. Fox, a former NC A&T adjunct professor and the youngest person ever elected to the Greensboro City Council, will speak to students about the importance of education both inside and outside the classroom.
Wes Miller, UNCG basketball coach and former UNC-Chapel Hill basketball player will be the featured speaker on the third day. Miller will speak to students about the importance of character and virtue. According to John Carty, PCHS athletic director, “Wes Miller is an outstanding role model. He has a tremendous work ethic and dedication that has enabled him to succeed in the competitive world of college sports. We are honored to have him speak at our inaugural character orientation.”
Guilford County’s first classical charter high school, PCHS will be opening with 9th and 10th grades this fall. 11th and 12th grades will be added in subsequent years, allowing PCHS to grow to up to 900 students in grades 9-12 within 5 years.
Because charter schools do not have attendance zones, any student who resides in North Carolina and is eligible to attend public school will be eligible to attend PCHS. As a public charter school, PCHS will not charge tuition nor have any academic achievements required for admission.
PCHS will also have a wide range of athletics including track, soccer, basketball, cross country and baseball.
PCHS is currently accepting applications for rising 9th and 10th graders. Applications for enrollment will be accepted on a first come, first served basis. After all of the student spots are filled, applicants will be placed on a waiting list.
A second information session will be held July 23rd at 7:00 pm at C3 Church, 300 NC 68. !