Chicago-based AJ Capital Partners has acquired the shuttered Crown Park Hotel for $7.6 million, and plans to renovate it to add another hotel to the downtown Durham portfolio. The company will begin renovations to the 150-room hotel at 600 Willard St., later this year, with plans to have it open by late 2016.
Google Fiber, along with the Nonprofit Technology Network, has launched the Digital Inclusion Fellowship, an initiative designed to get more people online.
After hosting workshops with elected officials, planners and developers in March, Cleveland and Church Partners has released a report of recommended project plans for converting the downtown loop. The developers believe the current one-way layout is strangling development potential, and the loop should be converted into a two-way traffic network.
Two out of state agricultural biotechnology companies came away with $12,500 in funding Tuesday after winning a pitch contest at the North Carolina Biotechnology Center.
Blue Cross Blue Shield of North Carolina has leased a 50,000 square-foot space within the SouthCourt Building at 3211 Shannon Road.