HOME

TheInfoList




Research Triangle Park (RTP) is the largest
research park The following is a list of science park A science park (also called a "university research park", "technology park”, "technopark", “technopole", or a "science and technology park" (STP)) is defined as being a property-based develop ...

research park
in the United States. It is named for its location relative to the three surrounding cities of
Raleigh Raleigh (; ) is the capital Capital most commonly refers to: * Capital letter Letter case (or just case) is the distinction between the letters that are in larger uppercase or capitals (or more formally ''majuscule'') and smaller lo ...
, Durham, and Chapel Hill, or more properly, for the three major research universities in them:
North Carolina State University North Carolina State University (NC State) is a public In public relations Public relations (PR) is the practice of managing and disseminating information from an individual or an organization An organization, or organisation ...
,
Duke University Duke University is a Private university, private research university in Durham, North Carolina. Founded by Methodists and Quakers in the present-day town of Trinity, North Carolina, Trinity in 1838, the school moved to Durham in 1892. In 1924, t ...
and
University of North Carolina at Chapel Hill The University of North Carolina at Chapel Hill (UNC, UNC-Chapel Hill, North Carolina, Chapel Hill, or simply Carolina) is a public In public relations Public relations (PR) is the practice of managing and disseminating information f ...
respectively. The
Research Triangle The Research Triangle, or simply The Triangle, are both common nicknames for a metropolitan area in the Piedmont it, Piemontese , population_note = , population_blank1_title = , population_blank1 = , demographics_type1 ...
region of
North Carolina North Carolina () is a state State may refer to: Arts, entertainment, and media Literature * ''State Magazine'', a monthly magazine published by the U.S. Department of State * The State (newspaper), ''The State'' (newspaper), a daily news ...

North Carolina
received its name as an extension of the name of the park. Aside from the three anchor cities, the park is also bounded by the communities of Morrisville and Cary. Approximately one fourth of the Park's territory lies in
Wake County Wake County is located in the U.S. state of North Carolina North Carolina () is a U.S. state, state in the Southeastern United States, Southeastern region of the United States. North Carolina is the List of U.S. states and territories by a ...
, but the majority of its land is in Durham County.


Overview

Research Triangle Park is one of the most prominent
high-tech High technology (high tech) or frontier technology (frontier tech) is technology Technology ("science of craft", from Ancient Greek, Greek , ''techne'', "art, skill, cunning of hand"; and , ''wikt:-logia, -logia'') is the sum of Art techni ...

high-tech
research and development Research and development (R&D, R+D), known in Europe Europe is a continent A continent is any of several large landmasses. Generally identified by convention (norm), convention rather than any strict criteria, up to seven geogra ...
parks in the
United States The United States of America (U.S.A. or USA), commonly known as the United States (U.S. or US) or America, is a country Continental United States, primarily located in North America. It consists of 50 U.S. state, states, a Washington, D.C., ...

United States
. It was created in 1959 by state and local governments, nearby
universities A university () is an of (or ) and which awards s in several . Universities typically offer both and programs in different schools or faculties of learning. The word ''university'' is derived from the ''universitas magistrorum et scholari ...

universities
, and local business interests. Karl Robbins bought the land where the park is now built. The park covers and is situated in a
pine A pine is any conifer Conifers are a group of conifer cone, cone-bearing Spermatophyte, seed plants, a subset of gymnosperms. Scientifically, they make up the phylum, division Pinophyta (), also known as Coniferophyta () or Coniferae. The div ...

pine
forest A forest is an area of land dominated by tree In botany, a tree is a perennial plant with an elongated Plant stem, stem, or trunk (botany), trunk, supporting branches and leaves in most species. In some usages, the definition of a ...

forest
with of built space. The park is traversed by
Interstate 40 Interstate 40 (I-40) is a major east–west Interstate Highway The Dwight D. Eisenhower National System of Interstate and Defense Highways, commonly known as the Interstate Highway System, is a network of controlled-access highway ...
, the Durham Freeway, and
NC 540 Interstate 540 (I-540) and North Carolina Highway 540 (NC 540) are part of a partially completed beltway around the city of Raleigh, North Carolina, Raleigh in the United States, U.S. state of North Carolina forming the Raleigh Outer Loop. W ...

NC 540
. The park is home to more than 300 companies that employ 55,000 workers and an additional 10,000 contractors. The park hosts one of
GlaxoSmithKline GlaxoSmithKline plc (GSK) is a British multinational Multinational may refer to: * Multinational corporation, a corporate organization operating in multiple countries * Multinational force, a military body from multiple countries * Multinati ...

GlaxoSmithKline
's largest R&D centers with approximately 5,000 employees.
Cisco Systems Cisco Systems, Inc. (Cisco) is an American multinational Multinational may refer to: * Multinational corporation, a corporate organization operating in multiple countries * Multinational force, a military body from multiple countries * Multin ...
' campus in the park, with approximately 5,000 employees, is the second highest concentration of its employees outside its Silicon Valley corporate headquarters. The
National Institutes of Health The National Institutes of Health (NIH ) is the primary agency of the United States government The federal government of the United States (U.S. federal government or U.S. government) is the national government of the United States ...
has its
National Institute of Environmental Health Sciences The National Institute of Environmental Health Sciences (NIEHS) conducts research into the effects of the environment on human disease, as one of the 27 institutes and centers of the National Institutes of Health The National Institutes of Healt ...
located in the park and the city of Durham. Research Triangle Park is owned and managed by the Research Triangle Foundation, a private non-profit organization. In August 2017, Scott Levitan was named the organization's new President and CEO, making him the 9th leader since the foundation was established.


History

Following World War II, North Carolina's economy could no longer depend upon their traditional industries of agriculture, textiles, and furniture; their market share was in decline with jobs disappearing. Academics at N.C. State and Duke University came up with the idea of creating the park so that the universities could do research together, leverage the area's strengths, and keep graduates in the state. Established in 1959, Research Triangle Park was created to increase innovation in the area. It is central to Duke University, North Carolina State University, and the University of North Carolina at Chapel Hill. At first, the park struggled to recruit innovators, but in 1965, Research Triangle Park had its largest surge of growth thanks to heavy recruiting by the state's government and Archibald "Archie" Davis. In their article "The Growth of Research Triangle Park," Link and Scott posit that entrepreneurial culture and leadership contributed the most to its success as a cluster. Archie Davis promoted a culture of innovation and entrepreneurship by locating the park near universities, actively recruiting organizations (like the American Academy of Arts and Sciences), and used his vision to raise funding for the park. Davis strongly believed that profits could not be the only driver for creating the park and that the betterment of the community should be the key goal. "The love of this state … was the motivation for the Research Triangle idea," he said. "Research Triangle is a manifestation of what North Carolina is all about." Research Triangle Park remains a nonprofit.


Local government

The park is an
unincorporated area Sign at Heinola, an unincorporated community in Otter Tail County, Minnesota.">Minnesota.html" ;"title="Otter Tail County, Minnesota">Otter Tail County, Minnesota. An unincorporated area is a region not governed by a local municipal corporat ...
, and state law prohibits municipalities from annexing areas within the park. Some local government functions are served by the Durham-Wake Counties Research and Production Service District, a special tax district created in 1986 that is conterminous with the park, wherein the property tax rate is limited to 10 cents per $100 valuation. The park has special zoning as a Research Applications District in the Wake County portion, and a Scientific Research Park in the Durham County portion. As of October 2012, both zoning areas are in the process of being revised to allow higher density development. The zoning changes are coupled with legislative changes allowing for Urban Research Service Districts (URSD) within the Park, which can include a mix of retail and residential usages. These newly permitted URSDs could levy taxes at the same rate as a neighboring city.


Redevelopment

On October 1, 2015, former President and CEO of the Research Triangle Foundation, Bob Geolas, announced RTP's plans for a $50,000,000 redevelopment involving the formation of "Park Center." $20,000,000 will be allocated from Durham County, $10,000,000 from the Durham-Wake Counties Research and Production Service District, and $20,000,000 as a result of land purchases and site work provided by the Research Triangle Foundation of North Carolina. Park Center is to be over 300,000 square feet of public space at the heart of the Research Triangle Park. This public area will include retail outlets, food and beverage venues, and entertainment space. Geolas stated "We want to make all of this as local as possible. I would like to have as few chains, no chains if we could. I'd love for it all to be local. Local coffee, local food, local produce, local products." The redevelopment plans also include exploring partnerships with regional transit groups. The hope of the Research Triangle Foundation is to broaden public transportation to and from the area. According to Geolas, "We are currently having discussions about bringing the Regional Transit Center over to Park Center so that we can connect with all of our transit links."


Subsidiaries of The Research Triangle Park Foundation

The Research Triangle Foundation operates several subsidiaries within the park. These include: the Frontier RTP startup campus, The Lab, and The Archie K. Davis Conference Center. The Frontier first opened as a free coworking space in a single building in January 2015. Since its inception, the Foundation has expanded the Frontier RTP concept to three additional buildings, creating an affordable campus for growing tech, life science, and nonprofit organizations. The Lab is a full-service lab and office space that houses multiple
research and development Research and development (R&D, R+D), known in Europe Europe is a continent A continent is any of several large landmasses. Generally identified by convention (norm), convention rather than any strict criteria, up to seven geogra ...
companies. The Archie K. Davis Conference Center is a 6,800 square foot event space located at RTP Headquarters; the AKD Conference Center is also home to the Research Triangle Foundation main offices.


Boxyard RTP

In March 2019, RTF announced plans to construc
Boxyard RTP
an 18,000-square-foot shipping container complex of retail, dining, and other amenities. The $7-million project, which is set on 12 acres of the Frontier RTP campus, delayed its launch for a year because of the impacts of the pandemic and soft-launched in June 2021 with a few of the planned tenants opening for business in the days following. The complex held its grand opening on November 18, 2021, with several anchor tenants open for business. Tenants include restaurants, a brewery, a cocktail bar, a coffee shop, a beauty shop, a CBD vendor, and an escape room. The complex also features a dog park named the Barkyard RTP, pop-up yoga classes, live music, and both standalone and roof-mounted heaters in the outdoor pavilion. Boxyard RTP is inspired by a similar development calle
The Boxyard Tulsa
located in downtown
Tulsa Tulsa is the second-largest city in the state State may refer to: Arts, entertainment, and media Literature * ''State Magazine'', a monthly magazine published by the U.S. Department of State * The State (newspaper), ''The State'' (newspaper ...

Tulsa
's district.


See also

*
MegasiteA Megasite or Mega-Site is a land development by private developers, universities, or governments to promote business clusters. These organizations develop the land so that it is "shovel ready" for big business, by improving the infrastructure (road ...


References


Bibliography

* *


External links


Research Triangle Park Web site

Research Triangle Regional Partnership

North Carolina's Research Triangle Park: An Investment in the Future
UNC-TV documentary commemorating RTP's 40th anniversary, produced by John Wilson and narrated by Carl Kasell of NPR News {{Authority control 1959 establishments in North Carolina Business parks of the United States Buildings and structures in Durham County, North Carolina Economy of North Carolina High-technology business districts in the United States National Institutes of Health Science parks in the United States Research Triangle Buildings and structures in Wake County, North Carolina