Developer Josh Parker of Durham is again working with Baltimore-based Wexford Science + Technology LLC to try to buy the former cigarette factory that remains empty and undeveloped at the corner of Main and Duke streets.
The building’s owner has an agreement with the limited liability company Wexford Durham Chesterfield LLC that grants the company option to buy the building through June 25. The two companies entered into the agreement Feb. 25, according to a Durham County Register of Deeds filing.
Parker, who said he’s working with Wexford on the project, is one of several developers who have attempted the building’s redevelopment. He has previously had the building under contract as well.
You can’t necessarily just walk into a factory anymore and get a job, said Brenda Warwick, senior human resources associate at Eisai Inc., the U.S. pharmaceutical business of a Japanese company that has operations in the Research Triangle Park
A fundraiser for the St. Baldrick’s Foundation will be held on April 27 at the West 94th St. Pub in the Woodcroft Shopping Center to support pediatric cancer research.
A developer has received conditional approval for plans to build apartments on a parking lot used mostly by residents of the West Village lofts, but has abandoned plans for now for a smaller additional apartment building across the street.
Duke Corporate Education cut 10 workers from its U.S. operations in a restructuring that was done in response to the nonprofit’s growing global business, according to the nonprofit’s chief executive.
Durham-based solar technology company Semprius is looking to raise $4 million to use for general corporate purposes as moves toward commercialization of its solar modules.
Deepak Gopalakrishna, a master’s of business administration student at the University of North Carolina at Chapel Hill Kenan-Flagler School of Business and an entrepreneur, said he hadn’t left the country in more than four years.
Consulting firm announces hire
The brick-and-mortar location for the ice cream business The Parlour is now open at 117 Market St. downtown.
The business got its start selling ice cream from a bus. The permanent location is in a space downtown that previously housed the production kitchen for Locopops.
A free workshop focused on best practices for job interviews will be held April 18 as part of the Professional Placement Network Academy’s series of interactive workshops for job seekers.
A group of Triangle communities and universities that want to see a private company build out ultra-high speed Internet infrastructure here has received responses from eight potential providers of the technology.
Earlier this year, the Triangle Council of Governments issued a request for proposals for companies to build out an ultra-high speed network that would offer service with speeds up to 100 times faster than typically available.
The council made the request on the behalf of a regional partnership of cities, towns, universities, hospitals and chambers of commerce that includes Chapel Hill, Durham, Duke University and the University of North Carolina at Chapel Hill.
InCube, the residential program for student-entrepreneurs at Duke University, will hold a demonstration day today.
In response to a question about how she finds a work-life balance, DuPont CEO Ellen Kullman said she doesn’t believe that balance exists.
“I think the word ‘balance’ is a terrible word,” Kullman said Wednesday at a women’s leadership-focused series of talks at Duke University’s Fuqua School of Business. The event was co-organized by the Duke MBA Association of Women in Business and the Committee of 200, a nonprofit group of female entrepreneurs and business leaders.
After Durham-based Quintiles goes public, the company’s founder and other executives at the investment firms that own the majority of the company’s stock are expected to divvy up a one-time fee of $25 million, according to a regulatory statement filed Tuesday.