Triad Business Journal:
It turns out, LindBrook Development Services will not build its planned 100,000 square foot office building at BB&T Ballpark. Friday morning's Business Journal reports the expected return didn't justify the anticipated $18 million investment. LindBrook's exit will delay but not derail the project. The office building is still expected to house the Primo Water headquarters.
Also in Friday's Business Journal headlines, NC A&T State University plans on using a $200,000 grant from the National Science Foundation. The school plans on developing a new magnesium alloy material that might be used to make spinal implants easier and less painful. Two North Carolina companies Orthokinetic Technologies and the Engineering Research Center for Revolutionized Metallic Biomaterials will work together.
And our last story from Friday's Business Journal. State transportation officials are looking for contractors for an estimated $25 million widening project for Highway 29 Business. They plan on making a two-lane road into a four-lane highway in Reidsville starting next year. The 6-mile project is designed to relieve congestion along the Rockingham County thoroughfare.
Triad Business Journal