A team led by a New York urban design firm will take the next 12 months to review potential changes to the Research Triangle Park’s master plan.
The Research Triangle Foundation, which owns and manages the park, said today the review will consider changes to zoning and land uses and the transportation network within the park.
The effort will be led by Cooper, Robertson & Partners, an architecture and urban design firm. The firm was selected by a task force comprised of foundation board members and chaired by Richard Daugherty, a retired IBM executive.
This will be the first update to RTP's master plan since the nearly 7,000-acre park was formed in 1959.
Foundation CEO Rick Weddle has said repeatedly that RTP needs to evolve to adapt to new competition and a changing economy.
Those changes could include adding residential and retail components to the park, altering the park’s bylaws to allow for a wider range of companies.
RTP is home to more than 170 companies, government agencies and other tenants that employ 42,000 workers and 10,000 contractors.