SunTrust Redevelopment Plan public meeting set for Monday

The Town of Wake Forest will host a public information meeting concerning the SunTrust Redevelopment Plan on Monday, Jan. 10, at 6 p.m. in the Town Hall Board Chambers, 301 S. Brooks St.

During the session, organizers will review information and provide updates related to the redevelopment of the former SunTrust property, located at 353 S. White St. The meeting will begin with a brief presentation, followed by an opportunity for attendees to share comments and ask questions.

Residents may also watch the information session live on WFTV 10. The Town’s government access channel is available to residents and businesses that subscribe to Spectrum Cable TV service. WFTV 10 is also provided in real-time streaming video at www.wakeforestnc.gov/communications/wftv-10.

In anticipation of Monday’s meeting, residents are invited to share their comments and questions about the Town’s plans for the SunTrust site via Engage Wake Forest at https://engagewakeforest.org/.

The Town of Wake Forest purchased the former SunTrust property in 2018 with the goal of creating a catalytic mixed-use development. The Town partnered with the UNC School of Government’s Development Finance Initiative (DFI) in late 2018 to assist with attracting private investment. DFI’s scope of work includes pre-development analysis, solicitation of a private development partner(s), and assistance to the Town with the negotiation of a development agreement with the selected partner(s).

For more information, visit www.wakeforestnc.gov/downtown-development/suntrust-site-redevelopment or contact Strategic Performance Manager Lisa Hayes at 919-435-9415 or [email protected].