The Resurgent

The NC A&T Real Estate Foundation is committed to bringing positive economic development and opportunity to East Greensboro and the NC A&T student and faculty community. The Foundation is creating a multi-million dollar, 275,000 plus square foot mixed-use, multi-phase development called The Resurgent.

Located at the southeast corner of E. Market Street and Benbow Road, The Resurgent’s first phase is a five-story Class A office building. 

Property Highlights

The Resurgent Phase I Office Building will benefit the public with an array of tenants who will provide much needed services, including Cone Health which will occupy the first two floors and will provide Urgent Care and Practitioner Care to a community that has experienced decades of being in a healthcare desert. 

The office building will also feature the East Greensboro Entrepreneurial Hub, which will house the regional SBTDC offices as well as the Center of Excellence for Entrepreneurship & Innovation. The Resurgent will offer a diverse, inclusive space for communities to converge, fostering social interaction, cultural exchange and economic vitality. The blend of retail, residential and communal areas will not only enhance the city’s livability but will also create a dynamic hub that promotes walkability and supports local businesses along with the University.

The Resurgent is conveniently located across the street from N.C. A&T State University.

The Foundation successfully secured a blend of New Market Tax Credits (NMTC), alongside other equity investments and a modest loan from the City of Greensboro, in pursuit of reaching the project’s funding objectives. This strategic approach has substantially mitigated the $32 million total development expenses.

 The NMTC initiative serves as a catalyst for drawing private capital into economically challenged areas, aligning perfectly with the targeted census tract for The Resurgent property. Upon completion, this endeavor will generate employment opportunities and deliver essential services to residents within and surrounding the designated area. These subsidies are poised to trim project expenditures by 28%, further fortifying the financial framework.