Historic photos of the Carolina Hotel, before the 1980s renovation A state House bill has been revived to provide $42.2 million to renovate the landmark Stevens Center in downtown Winston-Salem. A bipartisan House Bill 131Â was submitted Tuesday by the Forsyth County House delegation. UNC School of the Arts owns the 77,500-square-foot building. In September 2017, UNCSA's board of trustees approved a concept master renovation plan. Construction and other items, including furnishings, new rigging systems, lighting and audio/visual equipment, were projected at the time to cost $35.2 million. Renovations to the 10-level building would include a second balcony and the elimination of some seats. The overall renovations are expected to take 18 months.