American Tobacco Wins Two Real Estate Awards for Development & Creativity

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American Tobacco Wins Two Real Estate Awards for Development & Creativity

Michael Goodmon
American Tobacco’s Michael Goodmon (right) accepts a TCREW Award from NC Lt Governor Beverly Perdue.

Triangle Commercial Real Estate Women (TCREW) recently presented their Champion Awards for 2006, and the American Tobacco campus in downtown Durham swept two categories. The awards recognize excellence in the commercial real estate industry in the Triangle and honored both Capitol Broadcasting Company and design firm Smallwood, Reynolds, Stewart & Stewart separately for their work on the largest historic restoration in North Carolina history.

CBC received Triangle CREW’s Best Mixed-Use Development award for the functionality and aesthetics of the American Tobacco campus, as well as its relationship to its surroundings.

“Combining a superior location, unique architecture, convenient amenities and a list of prestigious tenants, this project is one of the most attractive real estate options in the Triangle,” stated the award presentation. “It’s where the 19th century meets the 21st century and retains many of the original structural elements while creating unique modern day features…including their own ‘riverwalk’. Restaurants, pubs, a fitness center, wireless internet, a bike and jogging trail, retail shops and the Durham Bulls Athletic Park are right around the corner.”

CBC Table
A group of CBC’ers attended the event to celebrate the accomplishments at American Tobacco.
American Tobacco brought home two Champion Awards from TCREW.
Bev Perdue & Jean Aldy
Lt Gov Beverly Perdue (left) congratulates designer Jean Aldy on her company’s win for American Tobacco.

American Tobacco Real Estate Associate Michael Goodmon accepted the award on behalf of CBC at the luncheon at Prestonwood Country Club in Cary on Thursday, April 27, 2006. WRAL-TV Anchor Pam Saulsby served as emcee for the event.

American Tobacco also took home a second award for Most Creative Land Use. Triangle CREW bestowed the award on Smallwood, Reynolds, Stewart & Stewart of Atlanta. The award goes to a company or an individual that developed the most creative commercial land use with consideration of lot configuration or terrain, water areas, traffic patterns and other challenges.

Teresa Artis
CBC Associate General Counsel Teresa Artis attended the event with CBC.
Pam Saulsby
WRAL-TV Anchor Pam Saulsby emceed the award event.

“Building an amphitheater underneath the old water tower; restoring the smokestack tower within the regulations of the National Historic Register; and designing a water feature in the middle of the development were just a few of the challenges of this project,” stated the award presentation. “Probably the most striking element of this project is the water feature, or ‘riverwalk,’ which creates an atmosphere where people enjoy working or playing. I think we can all agree that the American Tobacco project renovations have been a wonderful addition to the landscape of downtown Durham.”

In 2005, American Tobacco received the Triangle CREW Award for Best Development Project.

Valerie Ward & Michael Goodmon
American Tobacco’s Valerie Ward (left) & Michael Goodmon are a major part of the CBC staff running the campus in downtown Durham.
Beverly Perdue
NC Lt Governor Beverly Perdue offered a few words from the podium, as well as helping present the awards.


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