RTP 3.0 is a visionary initiative aimed at transforming North Carolina’s Research Triangle Park (RTP) into a more dynamic, mixed-use environment over the next 50 years. Historically, RTP has been a sprawling office park spanning 7,000 acres across Durham and Wake counties, primarily dedicated to research and development facilities. The RTP 3.0 plan seeks to evolve this landscape by integrating residential, retail, and entertainment spaces, thereby fostering a vibrant community where people can live, work, and play.
A central component of this transformation is the development of **Hub RTP**, envisioned as a downtown district within the park. This ambitious project includes up to one million square feet of office and life sciences lab space, 38,00 square feet of experiential retail, 1,200 multifamily residential units, 279 hotel rooms, and 16 acres of green, open space. The goal is create a walkable urban center that enhances connectivity and community engagement within RTP.
To facilitate these changes, RTP companies approved covenant modifications with a 96% majority in early 2025, marking a significant step toward reimagining the park’s development framework. These amendments pave the way for introducing mixed-use developments and residential options within RTP’s boundaries.
The RTP 3.0 initiative also emphasizes sustainability and inclusivity, aiming to create a “15-minute city” where essential services and amenities are accessible within a short walk or bike ride. This concept addresses future housing and transportation challenges, ensuring RTP remains attractive to companies and talent in the evolving economic landscape.
Overall, RTP 3.0 represents a strategic effort to modernize Research Triangle Park, enhancing its role as a global innovation hub wile providing a more integrated and living community for residents and professionals alike.
