Construction Begins on 100-Acre Park Point RTP Campus

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Rendering photos of Park Point Research Triangle Park (RTP) Campus courtesy of Gensler.

By Marie Muir

Trinity Capital Advisors began construction on its 100-acre Park Point Research Triangle Park (RTP) Campus, which will offer creative offices, retail and recreational amenities, in February. Michael Wagner, design director at Gensler, leads the project across six buildings and 652,000-square feet with the Brasfield & Gorrie construction firm. Transforming the vacant former Nortel Networks campus, Park Point will accommodate future expansion of more than 2 million square feet of additional lab and office space. Further development plans include building greenhouses to benefit the region’s growing agriculture technology business cluster. It’s projected to be ready for occupancy in Q1 2021.  

“Park Point is a unique opportunity in the Triangle market – a natural setting away from the urban hustle, yet quickly and easily connected to the full region,” Wagner said in a press release. “Our design focuses on creating a collaborative workplace oasis to inspire creative office and life science tenants as they seek to discover the next game-changing idea.”

Trinity PartnersWilliam Allen leads office leasing, and Doug Cook, senior director at Cushman & Wakefield, leads life science leasing efforts. 

“We’re making great progress toward delivering the new Park Point,” Tyson Strutzenberg, Trinity Capital’s director of asset management, also shared in the press release. “Demo has begun and walls are coming down – construction is underway. This campus is what life science and creative office tenants are looking for across the nation. From the look and feel of the design and finishes to the tenant amenities and park connectivity, Park Point will feel different from your typical office or lab space.” 

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Marie Muir

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