Capitol Broadcasting Company’s first major historic restoration project began in 2002 when the company purchased the abandoned American Tobacco factory in Durham. Over the next decade CBC would invest more than $200 million to complete the largest project of its kind in the state. The American Tobacco Historic District has been recognized nationally as the definitive example of redeveloping and repurposing historic properties.
CBC views historic restoration as a way to conserve and protect historically-significant buildings while also creating economic growth and vitality in the surrounding community. The American Tobacco project is regarded as the catalyst that changed the economic trajectory of downtown Durham.
CBC’s newest project is the restoration and redevelopment of the historic Rocky Mount Mills in Eastern North Carolina. CBC purchased the old textile mill in 2007 and now plans to transform it into the Rocky Mount Brewmill – an incubator for startup craft breweries along with production, sales and educational facilities associated with the craft beer industry.