HIGH TIMES FOR RESEARCH TRIANGLE PARK: THE LEAFY, SUBURBAN LOOK OF THE STATE'S MOST FAMOUS BUSINESS PARK IS SLATED FOR A MAKEOVER IN COMING YEARS.
Author | Wanbaugh, Taylor |
One of the nation's biggest research campuses is planning to offer a very different look within a couple of years. Not-for-profit Research Triangle Foundation of North Carolina, which manages Research Triangle Park, is partnering with Dallas-based developer KDC to plan 1 million square feet of office space as part of a multiuse urban district called Hub RTP. The development will be on 100 acres next to Interstate 40.
The buildings will be as tall as 300 feet, marking the first high-rise structures in RTP. While no tenants have been named, construction of the estimated $140 million project is expected to kick off in 2021.
"The project is transformative for Research Triangle Park and will create the integrated mixed-use environment desired by today's workforce," said Larry Wilson, division president of KDC, in a press release. The company developed a building at Credit Suisse's Morrisville complex that opened last year.
"This is the long-anticipated...
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