Community
The Research Triangle Region would not be what it is today without collaboration. Here, industry, academia, and government work together to achieve common goals — especially those related to economic development.
A Community Right Next Door
Chatham Park
Chatham Park is a 7,068-acre mixed-use development located in what stands to be one of the largest tech cities in the United States of America. Soon-to-be home of 60,000+ new residents, 20,000+ new homes, and corporate campuses. The best part is it’s just 15 minutes away from Triangle Innovation Point.
Parkers Ridge Park
Parkers Ridge Park, located in Moncure, will feature several multi-purpose fields, a fitness course, playgrounds, a dog park, a disc golf course, a 1.5-mile nature trail, and over 1 acre of park and shelter area.
A Top Location For Business…
North Carolina is consistently ranked as one of the best states to do business. Well-regarded publications like Forbes, Site Selection magazine, Fortune, Area Development, US News & World Report, and others have placed North Carolina at or near the top tier of their lists going as far back as the early 1990’s.
Recent Best Place for Business Rankings
4th Highest Concentration
of PhD’s in the Country
RTRP | 2019
Cost of Doing Business in Raleigh-Durham Is 15% Below the National Average
Raleigh-Durham Named Top Market in the Country for Real Estate Prospects Heading Into 2021
Emerging Trends in Real Estate 2021,
Urban Land Institute and PwC
2.5% Corporate Income Tax
(Lowest in the US)*
*With the exception of South Dakota and Wyoming, which have 0% corporate income tax.
… And for Living
It’s important to know that North Carolina and the Research Triangle Region are both consistently rated as one of the best places in the nation to live. The most commonly cited factors contributing to these rankings are a mild climate; a strong economy; excellent healthcare, top-performing school systems, and a relatively low cost of living.
Recent Best Place to Live Rankings
Raleigh-Durham’s COL Is 4.9% Below the National Average
2nd Best Quality of Life Globally
Numbeo | Feb. 2020
#1 Best Place To Rent in America (Research Triangle)
Forbes | April 2018
3rd Best City for Millennials
To Relocate in the US
Commercial Cafe | Jan. 2020