Research Triangle Park

Coordinates: 35°54′29″N 78°51′46″W / 35.90806°N 78.86278°W / 35.90806; -78.86278
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Research Triangle Park headquarters
Founded1959
HeadquartersResearch Triangle Park, NC
Websitewww.rtp.org Edit this on Wikidata

Research Triangle Park (RTP) is the largest research park in the United States.[1] It is located near Durham, Raleigh, and Chapel Hill, in the Research Triangle region of North Carolina. A small part of the Park stretches into Wake County, but the majority of the land is in Durham County.[citation needed]

Overview

It is one of the most prominent high-tech research and development centers in the United States and is comparable to the more widely recognized Silicon Valley. It was created in 1959 by state and local governments, nearby universities, and local business interests. Karl Robbins bought the land where the park is now built. The park is 7,000 acres (2,833 ha) situated in a pine forest with approximately 630 acres (255 ha) for development.[citation needed] The park is an unincorporated area, and state law prohibits municipalities from annexing areas within the park.[2]

As of 2007, the park included over 130 R&D facilities, with more than 39,000 employees working for a total of 157 organizations. The park is adjacent to Interstate 40 and the Durham Freeway. It is managed by the Research Triangle Foundation, a private non-profit organization.[citation needed]

The park is home to the largest IBM operation in the world; the company has around 11,000 employees in RTP. The park hosts one of GlaxoSmithKline's largest R&D centers with approximately 5,000 employees.[citation needed]

Companies and institutions in or near the Research Triangle Park

3

Universities

See also

References

  1. ^ http://www.rtp.org/main/
  2. ^ "Could RDU do more for Durham?", Raleigh News & Observer, 13-Sept-2009, p.13A

External links

Bibliography

  • Link, Albert N. (1995). A Generosity of Spirit: The Early History of the Research Triangle Park. Research Triangle Park: Research Triangle Foundation of North Carolina. ISBN 9780964805101. OCLC 33045964.
  • Link, Albert N. (2002). From Seed to Harvest: The Growth of the Research Triangle Park. Research Triangle Park: Research Triangle Foundation of North Carolina. ISBN 9780964805118. OCLC 50694901.

35°54′29″N 78°51′46″W / 35.90806°N 78.86278°W / 35.90806; -78.86278