American Tobacco Historic District
SBER's investment in Durham is focused on the revitalization of the American Tobacco Historic District, an historic complex made up of 5 buildings near the city's downtown. This is the second phase of the American Tobacco Historic District redevelopment project and is estimated to cost $65 million. The complex is adjacent to the home field of the Durham Bulls Minor League Baseball team. It is a historic complex dating back to 1890's when the area's four largest tobacco firms joined to form The American Tobacco Company. In 2004 SBER established a regional office in Durham, and currently employs over 20 people.
SBER has pledged $50,000 to help construct a new farmers market at Durham Central Park. The farmers market will be a 9,200-square-foot pavilion that will include approximately 40 stalls for farmers to sell their fruit, produce and flowers.