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The Research Triangle Park Announces a Master Plan Project

9/7/2010

Press Release

(Research Triangle Park, NC) The Research Triangle Foundation of North Carolina, owner and developer of The Research Triangle Park (RTP), announced today that the organization will undertake a comprehensive Master Plan for RTP. The 12-month Master Plan project will consider changes needed within the Park’s boundaries to ensure RTP remains a pre-eminent and globally competitive location for research and development operations and a leading global center of innovation.

Anticipated components of the RTP Master Plan project include land use, financial planning,transportation/transit, economic clusters, market demand, and other infrastructure and zoningrecommendations. Equally important, the RTP Master Plan project will look for ways to transform the Park and ensure it continues to serve as a key driver for the region’s and State’s economy.

The RTP Master Plan effort will be led by Cooper, Robertson & Partners, an architecture andurban design firm based in New York City, New York. To undertake the RTP Master Plan, Cooper, Robertson & Partners has assembled an extraordinary team with expertise in the fundamental requirements of the project. Principle team members include, HR&A Advisors, CresaPartners, Faithful+Gould, Grimshaw, Nelson Byrd Woltz Landscape Architects, Natural Systems Utilities, Vanasse Hangen Brustlin, Buro Happold, and HDR. Each brings a global perspective balanced with a deep understanding of the local context and opportunities. Each will provide analytical rigor, thoughtfulness, and creativity, ingredients that are essential to craft a visionary Master Plan of this magnitude.

“The Cooper, Robertson & Partners team brings together exceptional designers and planners who deeply understand the characteristics needed for RTP’s continued success,” said Rick Weddle, President and CEO of the Research Triangle Foundation. “Cooper Robertson will bring inspiration, creative design, and an astute awareness of the changes needed within the Park boundaries, in addition to a sensitivity around the Park’s characteristics that should be nurtured and maintained.”

A Task Force, comprised of Foundation Board members and chaired by Richard Daugherty,oversaw the strategic direction of the Master Plan consultant search process and will continue to set the overall direction of the project. The Task Force charged staff with finding a world-class team to take on the RTP Master Plan task. The consultant search process began with the release of a Request for Information on April 2010 to 14 planning, architecture, and landscape design firms, recognized as being the top in their fields and with proven expertise in projects of this scope and magnitude. A full Request for Proposals was then released in May 2010 to a short-list of four lead teams/firms deemed to be the best qualified and most competitive.

“While RTP has successfully addressed its mission over the past 50 years to create high-quality jobs and opportunities in North Carolina, the original development plan for the Park has not been updated since the 1960s,” said Richard Daugherty, Task Force Chairman. “Considering how drastically the environment in which research parks and innovative economies operate has transformed over the past few years, the Foundation is taking this opportunity to re-envisionthe Master Plan for the Park to ensure we remain a place known globally as a hot spot for innovation and a key component of the region’s and State’s economic success and competitive position. ”Work on the Master Plan project will begin immediately and will engage a broad spectrum of RTP’s stakeholders, including the RTP Owners & Tenants Association, Durham and Wake Counties, the Triangle J CORE group and other surrounding municipalities, and the three research universities upon whose strength the Park was founded and among whom the Park continues to thrive. The project is expected to last 12 months.

About The Research Triangle Park

The Research Triangle Park is the leading and largest high technology research and sciencepark in North America, covering 7,000 total acres. Founded in 1959, The Research Triangle Park is developed and managed by the non-profit Research Triangle Foundation of North Carolina. The Foundation is responsible for building and maintaining the physical aspects of the Park; attracting and retaining Park companies; and enhancing the competitive position of the Park and the Triangle region. To learn more about The Research Triangle Park, visit www.rtp.org.

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Contact: Research Triangle Foundation | 919.549.8181 / communications@rtp.org