Invest: Raleigh Durham 2021

Page 162

Rebecca Bolton General Manager Durham Convention Center

What is the Durham Convention Center’s approach to the return of in-person gatherings? Certainly, the hybrid component will continue at least until the end of the year. This is especially true of conferences that draw people from further away, where people will have to fly in. Conventions are a long-lead sales closing process, so you might call me today about a conference we would be hosting in 2023 or 2024. How will the virtual hybrid component be leveraged in a post-COVID world? I think at first, the hybrid component was perceived as a little clunky, meaning that it was expensive and there were not many streamlined, user-friendly solutions. In contrast, people are now very comfortable with video chat platforms, jumping on Zoom or WebEx or Microsoft Teams. This component provides access to content for a wider range of participation and has been critical in maintaining momentum for many programs. However, I believe there will always be the necessity for people to meet face-to-face. There’s something about it that can’t be replaced. That said, I do think people will continue to use the hybrid component, particularly for events where it is important that people have a broader reach. I also think people’s sense of personal space has expanded; the six-foot rule has entered the collective psyche. We’ll continue to space people out. Has your sector experienced staffing challenges? This is a nationwide issue. In every conference call that I’m on, there’s conversation about staffing shortages. This is especially true for the fall, when conventions will pick up again in earnest. My colleagues in the sector have found ways to share staff through this shortage but, as we all get busier, resources will continue to tighten. When we get back to realistic conference volume, we anticipate an even greater shortage. We’re all doing our best to plan for that now. Thankfully, we’ve identified new ways to share resources through the process. 160

| Invest: Raleigh-Durham 2021 | TOURISM, ARTS & CULTURE

The Durham Performing Arts Center is the No. 1 performing arts organization in the Triangle area.

( ) until the unique aberration of the pandemic, Raleigh-Durham’s tourism and hospitality sector had been doing remarkably well: 2019 saw a 9.4% increase in food and beverage sales compared to 2018 and, over the last decade, food and beverage had increased by 107%. Recovery Despite the massive blow from the pandemic, there are strong signs that the bleeding has stopped. While vaccination rates have stalled in many parts of the Southeast, the opening up of the economy (at least compared to spring 2020) has continued, with many events again running at full capacity. Also, of the conventions, meetings and group sporting events that were canceled during the initial months of the pandemic, 51 have been rescheduled for this year and are poised to add $37.1 million in economic impact. Experts look to 3Q21 as a potential full recovery in the Raleigh-Durham tourism sector, although pandemic uncertainty remains around the Delta variant. For restaurants, the lack in traffic resulting from the absence of tourists and local customers was compounded by restrictions put in place by the state government: first, in the March 2020 initial frenzy, Gov. Roy Cooper banned all indoor patronage of eating and drinking establishments across the state, allowing only for takeout and delivery. This led to some dining establishments


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Market voices: Performing arts Elizabeth Doran, President & CEO, North Carolina Theatre

8min
pages 168-172

Roundtable: Regional hotels Jim Beley, Manager, The Umstead Hotel & Spa Pete Byers, General Manager, Residence Inn Raleigh Downtown Bill McCallen, General Manager, Embassy Suites Raleigh Durham Research Triangle East

7min
pages 164-166

Interview: Don Waddell, President Carolina Hurricanes

2min
page 167

Interview: Laurie Paolicelli

3min
page 163

Interview: Vincent Price, President Duke University

4min
pages 148-149

Interview: Brian Ralph, President William Peace University

7min
pages 152-155

Roundtable: Workforce training Lisa Chapman, President, Central Carolina Community College David Johnson, President, Johnston Community College Scott Ralls, President, Wake Technical Community College Thomas Stith, President, North Carolina Community College System

5min
pages 150-151

Interview: Cecilia Holden, President

2min
page 156

Interview: Randy Woodson

4min
pages 157-159

Interview: Rebecca Bolton, General

2min
page 162

Strong allure: The region hasn’t lost its tourism appeal, although it continues to deal with challenges

2min
page 160

Interview: Dennis Edwards

2min
page 161

Market voices: Education landscape Jo Allen, President, Meredith College

2min
page 147

Interview: Kevin McLeod, President & CEO, Carolina Meadows Senior Communities and Services, Inc.

7min
pages 138-141

Roundtable: Tech ecosystem Josh Arant, COO, MAKO Medical Jerry Lepore, CEO, MobileSmith Health

4min
pages 136-137

Interview: Michael Riccobene, CEO

3min
page 135

Interview: J. Bradley Creed

2min
page 143

Interview: Kevin Guskiewicz

2min
page 144

Interview: Evan Duff, President North Carolina Wesleyan College

4min
pages 145-146

Interview: Donald Gintzig, President

2min
page 134

Interview: Lyndon Jordan, MD

2min
page 133

Cutting-edge: The Triangle healthcare network is a leader in medical research, development and life sciences

2min
page 128

Interview: Craig Humphrey

8min
pages 130-132

Interview: Dr. Bill Fulkerson

2min
page 129

Interview: Mike Golden, Regional

7min
pages 122-125

Interview: William Hedgepeth

3min
pages 126-127

Interview: Brian Reid, President Raleigh, TowneBank

2min
page 121

Roundtable: Community-minded Travis Bailey, Regional Executive & Senior Vice President, First Bank Laura Bunn, Triangle Market President, First Horizon Lee Fite, Regional President - Mid Atlantic, Fifth Third Bank Taylor Vaughn, Market President, United Bank

8min
pages 118-120

Interview: Ted Whitehurst, CEO

3min
page 117

Interview: Jim Hansen, Regional President - Eastern Carolinas, PNC Bank

2min
page 113

Interview: Doug Middleton, General

2min
page 105

Interview: Ron Day, President & CEO First Carolina Bank

6min
pages 114-116

Interview: Robert Heuts, Airport

3min
pages 109-111

Interview: Michael Landguth

6min
pages 106-108

Mammoth shift: Financial players are navigating a new world of innovation and sustainable growth

2min
page 112

Interview: Charles Lattuca, President

10min
pages 101-104

Heavy weight: Can the region’s infrastructure and transportation backbone support the area’s rapid rise?

2min
page 100

Interview: Mahala Landin, Managing

2min
page 94

Interview: Jim Wiley, President Beacon Street Development

4min
pages 95-96

Interview: Linda Trevor, Broker

6min
pages 97-99

Perspectives: Challenges

2min
page 93

Interview: Shannon Dixon

2min
page 90

Interview: Marti Hampton, Owner

3min
page 91

Interview: Jon Rufty, Owner

2min
page 89

Market voices: Trends in residential Tina Caul, Founder, The Caul Group

3min
pages 87-88

Market voices: Architecture and design John Atkins, Chairman & CEO, O’Brien Atkins Associates, PA Teri Canada, Co-Founder & Managing Principal, Evoke Studio Gary Cline, President & Managing Principal, Cline Design Associates Jeff Paine, Co-Founder, Duda Paine Architects

3min
pages 78-79

Interview: Amy Carroll, President Principal, TradeMark Properties

4min
pages 80-81

Interview: George York, President CEO, York Properties

5min
pages 76-77

Cornerstones: Top office projects underway

2min
pages 82-83

Interview: Jim Allen, President Broker, The Jim Allen Group

2min
page 85

Hot streak: There appears to be no slowing down the heated home market, although constructors are having issues

2min
page 84

Roundtable: Outlook and trends William Allen, Partner, Trinity Partners

5min
pages 74-75

Interview: John Wood, President RE/MAX United

3min
page 86

Perspectives: Challenges

5min
pages 68-70

Interview: Frank Baird, CEO, Capital Associates Management

5min
pages 71-73

Interview: Terence McCabe

3min
page 64

Interview: Steve Hepler, Raleigh

2min
page 63

Interview: Jim Anthony, CEO, APG Capital and APG Advisors

2min
pages 65-66

Interview: Gordon Grubb, Founder

2min
page 62

Interview: Matt Hohorst, Vice

2min
pages 60-61

Interview: Pat Rodgers, President CEO, Rodgers

2min
page 59

Interview: Keith Burns, Managing Partner, Nexsen Pruet

2min
page 48

Perspectives: Financial services

2min
page 49

Interview: Devon Williams, Co

7min
pages 50-52

The right stuff: Commercial real estate in the Triangle is feeding off world- class anchors, emerging industries and an expanding population

2min
page 58

Market voices: The legal community Byron Kirkland, Managing Partner, Smith Anderson Leslie Packer, Managing Partner, Ellis & Winters LLP

4min
pages 44-45

Interview: Brad McRae II, General

5min
pages 46-47

Interview: Mike Hewitt, President CEO, vTestify

2min
page 43

Interview: Lee Hogewood, Managing

3min
page 42

Interview: Beth Tyner Jones

2min
page 41

Interview: Vladimir Rozanovich

2min
page 37

Triangulation: The appetite among professional services firms to set a Raleigh-Durham foothold is undeterred

2min
page 40

Market voices: County managers John Crumpton, County Manager, Lee County Rick Hester, County Manager, Johnston County Dan LaMontagne, County Manager, Chatham County

4min
pages 34-36

Perspectives: Economy

2min
pages 38-39

Roundtable: Chambers of Commerce Adrienne Cole, President & CEO, Greater Raleigh Chamber Geoff Durham, President & CEO, Greater Durham Chamber of

12min
pages 28-33

Interview: Pam Hemminger, Mayor

2min
page 27

Interview: David Ellis, County

2min
page 26

Cornerstones: Research Triangle Park

2min
page 25

Market voices: Mayor’s corner

4min
pages 20-22

Interview: Bill King, President CEO, Downtown Raleigh Alliance

2min
pages 17-18

Interview: John Byrne, Mayor, Town of Fuquay-Varina

2min
page 16

Interview: Scott Levitan, President CEO, Research Triangle Park

2min
page 19

Interview: Mary-Ann Baldwin

2min
page 15

Interview: Kip Padgett, Town

2min
page 23

Interview: Hal Hegwer, City

2min
page 24

Growth recipe: Raleigh-Durham has all the ingredients for a sustained rise up the economic ladder

1min
page 14
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