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Park Center – A New Kind of Place, in the Research Triangle Park

Posted by on Feb 3, 2014 in Business, Community | 0 comments

The Research Triangle Foundation, a not-for-profit responsible for building the Research Triangle Park back in the 50s, has made a surprise announcement: its been buying up several adjacent properties along I-40. And it intends to build.

The parcels purchased, prime real estate, are called Park Center. Acquired for $17 million and totaling nearly 100 acres — this land will become the geographic and figurative heart of RTP’s redevelopment. Featuring RTP’s first area of mixed-use growth, Park Center will be a new way of living and working for one of America’s most important regions of innovation.

This is not just a redevelopment. RTP was funded by a mix of everyday people, and it is, to this day, pledged to a purpose: to serve North Carolina.

“This is an investment in our shared future,” said Bob Geolas, RTF’s President and CEO. “With Park Center, we want to provide the physical space, engaging community and collaborative environment necessary to attract and nurture the new generation of risk-takers and innovators who will carry our state forward in the decades ahead.”

The Park Center project is bounded by I-40, Davis Drive, N.C. 54 and N.C. 147. The Governor’s Inn and more than a dozen outdated, hulking office buildings on the property, most of which have stood vacant for years, will be razed in the months ahead.  The Foundation will work closely with Research Triangle High School, a two-year-old charter school currently operating in converted retail space on one of the acquired parcels, to identify a location for new space for the school within the redevelopment plan.

The proposed mixed-use project is a first for the Foundation, which was created in 1959 as the steward of the Research Triangle Park. Although the Park was the brainchild of former Gov. Luther Hodges, the Foundation is a not-for-profit organization. Archie Davis, the Foundation’s first president, traveled the state raising money from donors big and small with a dream of lifting the state out of its economic mire. The Park has been developed based on an historic partnership. The state provides funding to support our universities, infrastructure, and economic development. The Foundation operates and manages the Park as a private entity with a strong public purpose. RTP remains the only research park in the nation to operate without public funds.

The Park’s mission is simple but revolutionary: to support education, to create knowledge-based jobs for the people of North Carolina and to improve the quality of life across the state. Geolas and the Foundation’s board envision the Park Center redevelopment as embodying that mission. The project will boast a vibrant mix of residential, cafes, restaurants and retail.  But this is not just another mixed use development plan. Park Center will be a showcase for new technologies as well as the humanities and a venue for education, entertainment and ingenuity.

“Our founders took a lot of risks in creating the RTP,” said Geolas. “It was their vision, and their generosity of spirit, that brought together business with our universities, that took our state from 49th in the nation to becoming a global leader in life science and technology.”

At its founding, RTP was the largest research park in the world, and quickly became an economic engine for the state. Today it remains the largest research park in North America, known around the globe for such multi-national companies as IBM, Cisco, Cree, Syngenta, RTI, Fidelity Investments, BASF, Biogen IDEC, GlaxoSmithKline, United Therapeutics and Bayer CropScience.

“What we are seeing is a new generation of thinkers and innovators emerge in RTP, “said Geolas. “With Park Center, we will provide the physical space, and collaborative environment needed to support the risk-takers who will carry our state forward to a new future.”

Press contacts:

Erin Monday, RTF Communications Director, Monday@rtp.org, 919.433.2017 (direct); 203.560.5002 (cell)

To learn more about RTP and its ongoing story, please follow the organization’s Twitter@TheRTP.
ATTACHMENTS

Press contacts


Map of site

Map of Park Center

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SLR Where’s Walter Holiday Shopping Contest

Posted by on Nov 26, 2013 in Business, Community, events | 0 comments

Sir Walter will be in SLR participating member locations.

Sir Walter will be in SLR participating member locations.

Shop Local Raleigh is hosting their next, bigger, and better than ever Instagram contest! Sir Walter will be hidden all over Wake County in its finest locally owned and independent businesses! So, here’s the premise:

  • Find him and snap a picture, post that picture with the hashtag #WheresWalter
  • Each time you do, you get 1 entry to win a super awesome grand prize
  • What is that prize?? A custom-painted Shop Local Raleigh Moped!
  • The final drawing will be on December 11th from 6pm-8pm at Lucky B’s!
  • We will be drawing for the Moped and oodles of other prizes!

More info in SLR newsletter. Happy Holiday shopping, you could win if you just SHOP LOCAL!

Super tricked-out moped!

Super tricked-out moped!

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Movember Team RDU hosts “Music, Mustaches & Men’s Health”

Posted by on Nov 21, 2013 in Bands, Community, events, Live Music | 0 comments

movember_posterOn Sunday November 24, Movember Team RDU will host the “Music, Mustaches & Men’s Health” charity event from 6 p.m. to 11 p.m. at Tir Na Nog, in downtown Raleigh, to raise money for male health awareness. Movember is an annual, global event in which men grow mustaches to prompt conversations about male issues such as prostate cancer, testicular cancer and mental health. This year, Team RDU will unite The Triangle for a fundraiser featuring a silent auction and live music.

The last time Team RDU hosted Movember, they raised more than $22,000 with support from Triangle AMA, Brooks Bell Interactive, DSI Comedy Theater, Capstrat, Ignite and many more! Follow Team RDU via Twitter and Facebook, and be sure to sign up as a member of Movember Team RDU!

Time to showcase that awesome Joe Dirt face you’ve been working on all month! Celebrate with other furry faced people while people stare at the wonders of your mo. The event will feature a (not so) silent auction while rocking out to some awesome NC bands! The lineup:

Spare Change
Eston & the Outs (featuring members of The Love Language)
Debonzo Brothers
Hammer No More The Fingers

Our Emcee: The Real Laww

Sponsors will be lending some swag for grabs, and Tir Na Nog will be pouring your favorite beverages. Come make silly faces and show off your stache in our photobooth. All donations will go to support mental health, testicular and prostate cancer.

A suggested $5 donation will be collected at the door on Sunday.

Want to donate but can’t make the event? http://us.movember.com/team/987269 

Read article from Movember team captain, Ryan Hoover.

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Upcoming Entrepreneurship and Startup Events

Posted by on Nov 7, 2013 in Business, events | 0 comments

- ProductCampRTP Happy Hour – Thursday, November 11th, 6:00pm – 8:00pm at Carolina Ale House - Details Here

- NC State Entrepreneurship Initiative: Lecture Series – Monday, November 11th at 3:00pm at McKimmon Center - More Info

- Conversation with the Co-Founder of reddit: Monday, November 11th, 7:00pm – 9:00pm at UNC - Details Here

- The Startup Factory: Fall Company Showcase – Tuesday, November 12th, 9:45am – 12:30pm at Fletcher Theater in Raleigh - More Info

- Internet Summit/Startup Summit 2013 – November 12-14th at Raleigh Convention Center – Details Here

- Triangle Startup Weekend – November 15-17th in Chapel Hill - More Info

- Exit Event Startup Social – Monday, November 18th at 6:00pm at Crank Arm Brewing - Details Here

- Co-Founders Lab: Matchup – Tuesday, November 19th at 6:30pm at HQ Raleigh - Details Here

- CED Straight Talk: 5 Critical Components to Building a Winning Startup Team – Wednesday, November 20th at 12:00pm at HQ Raleigh - More Info

- Raleigh Innovation Summit 2013: The Download – November 21st at 5:30pm at HQ Raleigh - Details Here

- Feelgoodz Holiday Pop up Shop Weekend – December 6-7 at Feelgoodz Treehouse - More Info

Derrick P. Minor
Innovation and Entrepreneurship Manager
City of Raleigh, Economic Development
(919) 996-3129 – Direct
Derrick.Minor@Raleighnc.gov
www.InnovationRaleigh.com

Twitter: @DerrickMinor
LinkedIn: Derrick Minor

Upcoming Events Schedule: HERE

The Entrepreneur Must Lead: VIDEO

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Dave & Busters Opens in Cary Towne Center

Posted by on Nov 5, 2013 in Community, events, Restaurant | 0 comments

Dave & Buster’s opens its doors today to fun, food, drinks and games at Cary Towne Center. The 29,900-square-foot location will be the 65th D&B venue. Hours: Sunday through Thursday from 11am to midnight and Friday and Saturday 11am to 2am.

The TVs are awesome, you can see every football game that is on. Not into football, the games are so fun! You can find 140 of the most popular new video and arcade games including Temple Run, Cut the Rope, Dizzy Chicken, (four person) Pac-Man and Dark Escape (not for the faint at heart, you’ll be screaming!) Take your tickets to the Winner’s Circle for prizes including Apple products, Xbox games, t-shirts, stuffed animals and more!

Dave & Buster’s gourmet menu features burgers, seafood, steaks, pasta, salads and more! Popular items include Mountain O’Nachos, pretzel dogs and the Lawnmower salad. Also, offering signature cocktails like the Miami Ice Snow Cone … it’s the only place you can get an adult snow cone with booze! And it’s tasty.

You can eat, drink, play and watch sports – that’s my kind of spot!

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