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Nonprofit lays out three paths for old courthouse — county asked to consider building transfer, demo or sale proceeds for housing
Summary
Anchor Development presented three options for the county-owned old courthouse: adaptive reuse into rental units with ground-floor grocery, demolition and rebuild, or sell the building and dedicate sale proceeds to affordable‑housing programs; commissioners requested more detail on funding gaps, legal constraints and the upset‑bid process.
Anchor Development on Monday presented three distinct proposals for the county-owned old courthouse in downtown Winston‑Salem, asking the Forsyth County Board of Commissioners to consider whether to transfer the building, fund demolition, or allow sale proceeds to be used for permanent affordable‑housing programs.
An Anchor representative, presenting the group's feasibility work, said the adaptive‑reuse option would convert four to five floors into about 165–200 rental units with a 15,000–20,000 sq. ft. ground‑floor market and space for supportive residential services. The presentation estimated about $50 million in redevelopment costs and a roughly $20 million financing gap; the presenter said, “we would only be asking for the building to come from the county.”
Anchor proposed a second option to demolish the existing structure and…
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