IREM Meeting to Feature Guided Walking Tour of American Tobacco Historic District on January 16th

RALEIGH, NC, January 13, 2013 (Press-News.org) The Greater Raleigh-Durham Chapter 105 of the Institute of Real Estate Management's (IREM) January meeting will feature a presentation by management from the American Tobacco Campus discussing its transition into an award-winning mixed-use development. The January 16th meeting will take place at the Tobacco Road Sports Cafe at 280 S. Magnum Street in Durham at noon and will end with a guided walking tour of the American Tobacco Historic District.

The American Tobacco Campus is located beside the Durham Bulls Triple-A baseball park, adjacent to the new 2,800-seat performing arts center, and bordered by the highly-traveled NC-147. The campus features an on-site YMCA, public green space, biking trails, and five restaurants. American Tobacco is home to some of the most prominent businesses in the region, including the nationally-recognized public broadcasting station WUNC Radio.

Chris Stigall, CPM , Secretary of IREM Chapter 105, organized the event and said that this meeting will actually serve as a "case study" to illustrate how this campus was redeveloped into a successful mixed-use community and describe the positive impact it has had on the area.

"The American Tobacco Campus is not only an attraction for visitors, but it is also a popular meeting place for locals," said Stigall. "With its performing arts center, baseball stadium, and numerous restaurants, it truly is a location that has something for everyone. I thought American Tobacco Campus would appeal to our membership since it too spans the residential, commercial, and office industries. It's a great story and one that I'm sure our membership and guests will enjoy."

American Tobacco's design and landscaping has collected industry awards for Best Mixed Use Development, Best Renovated Commercial Property, and Best Redevelopment Project. The combination of historic buildings with modern urban chic is unlike any office space in the Triangle. Seasonal landscaping, especially in spring, fall, and at Christmas, make the campus a destination for sightseers. The area continues to undergo renovation and eventually will include 380 residential units, additional commercial office space, and 40,000 square feet of retail and restaurants. The development is a registered historic site with roots in the American Tobacco Factory established in the 1800s. For more information, visit http://www.americantobaccocampus.com.

About the Greater Raleigh-Durham Chapter 105
The Greater Raleigh-Durham Chapter 105 is one of ninety IREM chapters that are located throughout the US and Canada. The organization offers courses in many other countries including Poland, Spain, Russia, Brazil, Canada, Chile, Japan and Mexico. Our mission as property managers in this area is to be committed to professionalism and ethics within the property management industry. For more information about our Chapter, visit http://www.irem105.org.

Press Contacts:
Gary Triplett, CPM , President
Drucker and Falk
(919) 582-1930
GTriplett@druckerandfalk.com

Candi McDowell, Administrator
York Properties
(919) 821-1350
candimcdowell@yorkproperties.com