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A movement towards dense development around mass-transit stations, including stores, restaurants and homes alongside offices and laboratories.
I may be the minority that is a bit sad by this. I love my nice peaceful walks around our campus. It's about 1.5 miles and wooded and serene. Hope that doesn't change!
I may be the minority that is a bit sad by this. I love my nice peaceful walks around our campus. It's about 1.5 miles and wooded and serene. Hope that doesn't change!
RTP must adapt. Much will remain the same, but some areas will change drastically. It should be a nice balance.
I may be the minority that is a bit sad by this. I love my nice peaceful walks around our campus. It's about 1.5 miles and wooded and serene. Hope that doesn't change!
I doubt existing campuses (IBM etc) will be affected by this, though it will give them the flexibility to build closer to the street should they want to expand their campuses on existing land.
No RTP landowner will be required to sell their excess land. Some might choose to. Deeds for land in RTP require that the RTP Foundation or other tenants get a right of first refusal, but I don't know if that right will be waived going forward. There is so much excess land in the park that the market cannot possibly absorb it all at once. Why so much excess land? There were restrictive covenants on how much floor space could be built on a tract of a given size. This also explains where there are no high-rises in the park proper. If you have to buy a large amount of land to accommodate a fixed number of employees, it's less expensive to build a horizontal building than a vertical building. At least, that's been true until now.
I doubt existing campuses (IBM etc) will be affected by this, though it will give them the flexibility to build closer to the street should they want to expand their campuses on existing land.
I forget what the actual number was but I know I have heard that your lot has to be n amount of green space and it was a very high number. I work at RTI which was the first company in RTP. As it is currently, we have been knocking down old long buildings to build 5 story building to fit our growing population. If they can build on all of their green space, well, they will just for the practicality of it. It does make sense but still makes me sad
I forget what the actual number was but I know I have heard that your lot has to be n amount of green space and it was a very high number. I work at RTI which was the first company in RTP. As it is currently, we have been knocking down old long buildings to build 5 story building to fit our growing population. If they can build on all of their green space, well, they will just for the practicality of it. It does make sense but still makes me sad
As an up-until-last-month employee of RTI, I don't think they're planning any massive campus expansions now that the O8/Haynes and O9 buildings are done. In fact, I was located in leased space off-campus, and our group is eventually slated to go into the "O10" building, but there are currently no plans in the works to start construction on that. The RTI Master Plan, as I recall, focuses on replacing buildings on campus without using existing green space.
With that said, I would have welcomed some additional retail options in RTP. With no on-site cafeteria, I either had to brown-bag it every day or drive somewhere for lunch. I could never really understand why Park Center on 54 was so empty except for the few banks that are there, but I guess no one wanted to venture in there as the only retail.
Most retail people, especially national chains will only go in of there are rooftops nearby. They could kill it at lunch, but everyone goes home at night. It's kind of like a downtown situation. Have to have people living there before much retail will come back.
I could never really understand why Park Center on 54 was so empty except for the few banks that are there, but I guess no one wanted to venture in there as the only retail.
I worked in RTP for most of 1987-2009. The park foundation did renovate the retail center at one point, but to no avail. The park is virtually deserted at night except for the small number of people staying at the Governor's Inn. It was very difficult for a retail business or restaurant to survive on daytime-only business. As apartment buildings and subdivisions were built in Morrisville and south Durham starting in the late 1990s, the level of nighttime activity in the vicinity of the park did increase -- but it was cheaper, less restrictive, and more convenient for retailers and restaurants to build along NC 55 or along NC 54 south of Page Road.
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