North Carolina’s Triad, High Country & Mountain West (PDF) – 12/03/2020
https://www.wellsfargo.com/com/insights ... linkLoc=fn"Winston-Salem appears well positioned for the post-COVID era. While there have been concerns about the lack of major corporate relocations, Winston-Salem has been quietly investing in its future. We have long felt Winston-Salem’s economy would be driven more by home-grown industries rather than a transformative relocation. The development of the Innovation Quarter has been years in the making and this infrastructure is now set to bear some significant fruit. The partnership between Wake Forest Baptist Health, Wake Forest Medical School and Charlotte-based Atrium Health will inject significant new investment into the region’s healthcare sector. Atrium has committed to investing $3.4 billion in the Winston-Salem area over the next 10 years, $2.8 billion of which would be in new facilities. Plans are to build a new patient care tower at Wake Forest Baptist Health, which will include a new emergency room, operating rooms and intensive-care unit. Atrium also plans to establish a new eye care institute in the southern portion of the Innovation District. We expect more investment from Atrium and others, as healthcare moves past the pandemic, with increased focus on telemedicine, disease management, and data-driven innovation."
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The entire article is worth a read and discusses Truist relocating, etc. It was put out by Wells Fargo’s economic group. It is a realistic and nuanced view that you would expect from an economist. I’m glad to see they are bullish on our future.