 Biotech Place opened in February 2012.The 242,000-square-foot structure is composed of two former Reynolds warehouses that have been renovated into a modern biotech research facility, with custom-designed wet and labs as well as Class A office space.The $100 million project was Winston-Salem's most expensive ever downtown project; it houses Wake Forest School of Medicine's departments of Physiology and Pharmacology, Biomedical Engineering, and Immunology and Microbiology, as well as the Childress Institute for Pediatric Trauma.