Despite COVID, town thrives
Tuesday night Jason Cannon, head of the town’s economic development department and president of the Wake Forest Business & Industrial Partnership, laid out the ways in which Wake Forest has been continuing to attract industry and business despite the COVID-19 pandemic. The Loading Dock incubator is purchasing the former Holding Cotton Company office and warehouse on South White Street and plans to open in late summer 2021 after extensive renovations. “We’re very excited about that,” Cannon said, because its impact could be 436 new jobs in Wake County and the Triangle, 147 of them in Wake Forest. He estimates the incubator will have an annual impact of $182 million in the county, and most of it will be in Wake Forest. Just north of the Loading Dock, Powerhouse Row, a combination of 18 apartments with first-floor retail, is complete. Cannon said seven of the apartments are leased and the first