WINSTON-SALEM, N.C. — Winston-Salem State University (WSSU) is expanding its campus for more student housing, the school announced Wednesday.
The WSSU Foundation has announced the purchase of 42 acres of property, a major milestone in supporting the university’s dedication to enhancing student success and facilitating future expansion, according to a statement from the school.
The property was bought for $7.5 million and is located at 2900 Reynolds Park Road in Winston-Salem.
This milestone aligns with WSSU's long-term master plan, designed to support expansion and accommodate growth and development. The university's current 110-acre main campus is landlocked.
“This acquisition by the Winston-Salem State University Foundation represents a bold step forward,” said WSSU Chancellor Bonita Brown. “The integration of this land into our master plan ensures that WSSU continues to lead in driving progress while planning for sustained growth and success.”
The recently acquired 42-acre property will be repurposed to address the diverse needs of Winston-Salem State University, including a focus on combating housing insecurity.
This initiative aligns with the university’s broader strategy to support student well-being. Research indicates that students with stable housing are more likely to overcome academic challenges and graduate on time, underscoring the importance of this investment in the university community’s future.
“The purpose of the Winston-Salem State University Foundation is to foster and promote the growth, progress, and well-being of the university,” said Marcus Cox, Foundation president. “This purchase aligns with our mission of supporting the long-term needs of the institution by unlocking new opportunities for revenue diversification. We are also pleased to announce that this acquisition increases the university’s land area by one-third.”
The newly acquired property includes 11 residential apartments, all of which are currently occupied.
Cox emphasized the Foundation’s commitment to honoring existing leases. “The Foundation is dedicated to honoring these existing leases, ensuring the residents feel supported and valued as we thoughtfully develop the master plan for this exciting new chapter,” he added.
