Henderson, N.C. – Triangle North, the multi-county network of business parks in Franklin, Granville, Vance and Warren counties, continues to move forward with building and infrastructure improvements, a joint effort with Vance-Granville Community College, and a new brand and logo to attract jobs and business investment to this northern part of the Research Triangle Region of North Carolina.
"We're excited to see tangible physical progress occurring at each of our sites," said Danny Wright, chairman of the Kerr-Tar Regional Economic Development Corp., the nonprofit that owns and is developing Triangle North, formerly known as the Kerr-Tar Hub. "Watching these sites take shape after years of careful planning and collaboration is not just rewarding, but also holds great promise for new and growing companies as well as residents of this region."
Vance-Granville Community College plans to establish a new corporate campus in one of the Triangle North sites. The campus will include a corporate education and training facility that is expected to support industry-specific employee training, house an incubator for startups in the biotechnology industry, and serve as a state-of-the-art recruiting center to draw potential clients to the region. It will also provide space for some of the college’s technical programs.
Triangle North’s new logo — three blue arcs outlining a triangle shape — was designed to unify the look of the four separate park sites for marketing efforts, which will intensify as site improvements continue. The logo’s triangle shape is similar to that used in logos of the Research Triangle Region of North Carolina and The Research Triangle Park, with which Triangle North will co-brand in its global marketing.
Progress continues at each of the four Triangle North sites:
- Triangle North Franklin’s building is nearing completion. Located across from Franklin County Regional Airport, the building will offer 30,000 square feet for light industrial use and 3,900 feet of office space. Work is also scheduled to begin soon on a road creating direct access from Triangle North Franklin to U.S. Highway 401.
- Triangle North Granville has broken ground on roadway and utilities improvements. Its first mile of paved roadway will be completed by the end of June, which will open 150 acres of the 500-acre site for immediate development. Work on a sewer pump station will also begin, which will provide sewer service to the first phase of the park’s development.
- Triangle North Vance completed the purchase a 300-acre site located along Interstate 85 and Poplar Creek Road, across from Vance-Granville Community College. Negotiations are under way to purchase additional acreage.
- Triangle North Warren has upgraded two roads for truck use: from I-85 at the Manson interchange to U.S. Highway 1, and from old U.S. Highway 1 to Soul City Boulevard, the park’s main access route. Funds are being sought to begin infrastructure upgrades at the 860-acre megasite.
Triangle North is an award-winning, innovative rural economic development initiative created through a unique multi-county collaboration and cost-sharing arrangement to spark economic growth and opportunity in its four participating counties.
The four Triangle North parks offer a mix of locations and sizes to accommodate a range of business needs. Warren County’s megasite is ideal for warehousing, distribution and logistics firms that need large sites and access to key transportation arteries. Franklin County’s park is closer to the urban core and its technology workers, and offers easy access to its regional airport. Vance and Granville county parks, centrally located along I-85, offer sites of all sizes, some secluded, some fronting the interstate, as well as close proximity to the community college and its workforce training resources.
All four sites qualify for the highest level (Tier 1) state jobs tax credit, which translates to $12,500 in tax credits for every job created by companies that locate in them.
For more information on Triangle North, visit www.TriangleNorthNC.org.