The recently enacted state budget includes a $35 million appropriation to support economic development in Winston-Salem. City officials made the announcement on Thursday.
Mayor Allen Joines and Representative Donny Lambeth issued a joint news release saying the state funding will “reinforce Winston-Salem’s position as a tourism, sports, and entertainment” hub serving the Piedmont and Northwest North Carolina.
The $35 million appropriation is earmarked for infrastructure in the areas north of Coliseum Drive and south of Reynolds Boulevard, a region that plays host to numerous events, including ACC games, the Carolina Classic Fair, the Winston-Salem Open, and major concerts.
North Ward Councilmember and Mayor Pro Tem D.D. Adams released a statement welcoming what she called a “tremendous investment,” saying the funds will be used to address parking, traffic, and pedestrian issues for the Coliseum/Fairgrounds area.
Other appropriations include funding for the second phases of work at the Stevens Center for the Performing Arts and the Kenneth R. Williams Auditorium at Winston-Salem State University.