Research Triangle Park : The largest research park in U.S

29-05-2018

(USKings.us) The Research Triangle Park in North Carolina comprises of three cities; Chapel Hill, Durham, and Raleigh. Founded in 1959, the main aim behind the establishment of the Park was to improve the employment options of graduates in the area, who would mostly leave for pursuing careers in the United States’ northeast.

The area known as Research Triangle Park began taking shape in the late 1950s, and by 1960 had 200,000 square feet of developed space on 4,400 acres.

Fast forward 53 years. RTP, now billed as the largest research park in the U.S., has amassed a nearly 7,000-acre swath of land sitting underneath more than 22.5 million square feet of development.

RTP is now home to more than 170 companies and nearly 40,000 full-time equivalent employees, according to the Research Triangle Foundation of North Carolina. Nearly half of the companies that currently call RTP home are life sciences companies, with information technology companies being the next biggest representation.

A lot of these companies are well-known corporate names, such as NetApp (Nasdaq: NTAP), Cisco Systems (Nasdaq: CSCO), IBM (NYSE: IBM), Biogen Idec (Nasdaq: BIIB) and GlaxoSmithKline (NYSE: GSK).

According to linkedin


Van Nguyen (Collect and Nominate for the U.S. Record) - USKings (Source of photos: internet)

 

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