The Research Triangle Park is one of the largest research parks in the world. It is named for the three hub cities of Durham, Raleigh, and Chapel Hill, or more properly for the three major research universities in those three cities . The Research Triangle region of North Carolina received its name as an extension of the name of the park. Besides the three anchor cities, the park is also bounded by the communities of Morrisville and Cary and the proposed annexations to the town of Pittsboro would also bring that community into close contact with the RTP. Approximately one fourth of the park's territory lies in Wake County, but the majority of its land is in Durham County.OverviewRTP is one of the most prominent high-tech research and development parks in the United States. It was created in 1959 by state and local governments, nearby universities, and local business interests. Karl Robbins bought the land where the park is now built. The park covers 7000acre situated in a pine forest with 22500000sqft of built space. The park is traversed by Interstate 40; the Durham Freeway; and NC 540. It is managed by the Research Triangle Foundation, a private non-profit organization.
