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What Does the Future Hold for RTP South?
Change may be coming to 458 acres known as Research Triangle Park (RTP) South, between NC Highway 54, Davis Drive, Hopson Road, and South Miami Boulevard. The Durham City-County Planning Department is proposing a zoning change that would “encourage transit-oriented development; support future publicly-funded multimodal projects (like bus rapid transit, passenger rail, or bicycle and…
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Redevelopment in Future for IBM 500 Campus?
The 774,000-square-foot IBM 500 Campus near Research Triangle Park has been sold to Hines Global Income Trust, according to an HGIT news release. “The site offers multiple future redevelopment opportunities, showcasing HGIT’s strategy of procuring assets that create the potential to leverage Hines’ end-to-end multi-asset class expertise.” The four-building property sits on 146 acres, with…
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