- Associated Press - Friday, November 6, 2015

WINSTON-SALEM, N.C. (AP) - A historic building in downtown Winston-Salem is getting a new name.

The Winston-Salem Journal reports (https://bit.ly/1NSDTDZ) Kimpton Hotel & Restaurants confirmed Thursday that it’ll operate a 174-room boutique hotel on the bottom six floors of the former R.J. Reynolds Tobacco Co. headquarters.

The 22-story building, referred to as “the Grand Old Lady” by Mayor Allen Joines, will be known as Kimpton Cardinal Hotel and has a debut date of February. The hotel has been named after the state bird.

The building has served as downtown Winston-Salem’s architectural signature for 85 years. In 2014, PMC Property Group of Philadelphia purchased it for $7.8 million. The real estate development company has pledged to spend an estimated $60 million overall to convert it into a mixed-used building, that includes luxury rental residential units.

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Information from: Winston-Salem Journal, https://www.journalnow.com

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