February 3, 2020
Developer KDC has announced a partnership with the Research Triangle Foundation of North Carolina to build one million square feet of office space in North Carolina’s Research Triangle Park.
The new office space will be located on 100 acres of land bound by 1-40 at Davis Drive, I-40 at Highway 54 and the Durham Freeway. As part of the new multi-use urban district, called Hub RTP, KDC will develop buildings totaling up to one million square feet, and up to 300 feet in height, which will be the first high-rise buildings within the Park.
Founded in 1959 in the center of three research universities, Research Triangle Park is the country’s largest innovation center, with global companies such as IBM, Cisco, Credit Suisse, BASF, GlaxoSmithKline, Lenovo and RTI International among its more than 300 tenants.
“This is the long-anticipated opportunity to retool RTP. With the support of Durham County, the companies in RTP and private partners including KDC, we can do this in 2020,” said Scott Levitan CEO of the Research Triangle Foundation.
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