Henderson, N.C. – Economic developers from the N.C. Department of Commerce and Research Triangle Regional Partnership (RTRP) toured Triangle North’s four parks in Franklin, Granville, Vance and Warren counties Jan. 15 to view park improvements firsthand and receive an update on what the sites companies that want to expand in the Research Triangle Region.
“These are excellent parks – jewels for our rural areas,” said Vivian Powell, the commerce department representative for the 13-county Research Triangle Region, which includes the four Triangle North counties.
“They are shovel ready, which is a big advantage for companies that are ready to make a move to relocate or expand,” Powell said. “Their location – so close to the metropolitan areas – is very desirable, particularly since there is so little undeveloped land in the core of our region.”
Powell and Margie Bukowski , a statewide economic development representative for the commerce department, toured the Triangle North parks at the request of Debbie Lilly, vice president of client services for RTRP and the lead recruiter for Triangle North. Lilly was joined for briefings at each site by county economic developers, who are the local experts and lead developers for each site on the county level.
“Triangle North’s network of parks offer a full range of sites that can meet the needs of new and expanding businesses,” said Lilly. “We have sites large and small, sites that front the interstate for maximum visibility and others that are secluded, and each park offers some unique feature.
“Triangle North Warren, for instance, is a mega site just off of Interstate 85, perfect for a major distribution and logistics facility,” Lilly said. “Triangle North Franklin offers an executive airport next door and a new 33,900-square-foot shell building. Granville and Vance County offer interstate frontage and close proximity to the main campus of Vance-Granville Community College, our major workforce development partner. And, of course, each of our parks offers the highest levels of state financial incentives available in North Carolina. That could translate into a $12,500 tax credit for every job a company creates in any Triangle North park.”
Developers met with members of the Kerr-Tar Regional Economic Development Corp. (KTREDC) at a luncheon at the Henderson Country Club, thanks to local business supporter Tommy Hester, president of Prim Residential Developers Corp. The KTREDC is the nonprofit corporation formed by the four counties to own and market Triangle North.
“We’re delighted to have the talent and commitment of the state Department of Commerce and regional economic development community working with us to bring businesses to our parks and create jobs for the citizens of four counties,” said Danny W. Wright, KTREDC chairman. “Triangle North represents our best hope of turning the economic corner in our four counties and we are confident that, with this kind of talent, we’ll achieve success.”
Triangle North is a network of tax-advantaged business parks in the northern part of the Research Triangle Region of North Carolina, home of The Research Triangle Park™ and one of the most economically competitive regions in the world. All Triangle North parks offer the highest level (Tier 1) of state financial incentives available in North Carolina, providing a low-cost point of entry for companies ready to locate or expand. For more information, visit www.TriangleNorthNC.org or contact Triangle North at (252) 436-6098 or firstname.lastname@example.org.