A $90 million redevelopment project at the tract of the former Cone Health Women’s Hospital is getting underway after COVID-19 stalled plans for a couple of years.
The 12-acre site will soon be home to 300 multi-unit apartments, a couple of restaurants and some green spaces.
“This is a really unique site,” Steve Shavitz, a partner with Deep River Partners, said in a WFMY report. “You just don’t get acreage tracks that size in the middle of an existing development like this that often and so we are fortunate that we were able to do something like this with it.”
The project was initially started a few years ago, but the pandemic sidelined progress, partly because Cone Health reopened the site for medical care as many facilities were at or near capacity.
Last September, the deal was finalized.
The location originally served as Greensboro Hospital starting in 1977. Cone Health purchased the facility in 1990 as The Women’s Hospital of Greensboro.
Demolition began early this year, and construction is slated to begin in the spring and should take 18 to 24 months. Meanwhile, city leaders envision a pleasant change with the project.
“I think what you were going to see off of Green Valley is such a compliment from Friendly Shopping Center leading into Lawndale and, quite frankly, it also can help downtown as well,” Greensboro City Council member Zack Matheny, District 3, said.
The Chamber of Commerce looks forward to new opportunities, too.
“I’m really excited about opportunities for more housing and more retail opportunities because as this community grows we are going to need more of that,” Chamber President Brent Christensen said.
