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3.48 Acres Available for Development Mixed-Use | Commercial | Hotel DAVID BATTEN Vice President | Raleigh +1 919 582 3117 [email protected] DAVIS PARK EAST RESEARCH TRIANGLE PARK LAND FOR SALE FRANCIS T. QUINN, JR. Executive Vice President | Raleigh +1 919 582 3150 [email protected] *Not Actual Property *Not Actual Property *Not Actual Property

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Page 1: RESEARCH TRIANGLE PARK · frank.quinn@colliers.com DAVID BATTEN | 919 582 3117 david.batten@colliers.com Research Triangle Park Research Triangle Park (RTP) is the leading and largest

3.48 Acres Available for DevelopmentMixed-Use | Commercial | Hotel

DAVID BATTENVice President | Raleigh+1 919 582 [email protected]

DAVIS PARK EAST RESEARCH TRIANGLE PARK

LAND FOR SALE

FRANCIS T. QUINN, JR.Executive Vice President | Raleigh+1 919 582 [email protected]

*Not Actual Property

*Not Actual Property *Not Actual Property

Page 2: RESEARCH TRIANGLE PARK · frank.quinn@colliers.com DAVID BATTEN | 919 582 3117 david.batten@colliers.com Research Triangle Park Research Triangle Park (RTP) is the leading and largest

DAVIS PARK EAST

FRANK QUINN | 919 582 [email protected]

DAVID BATTEN | 919 582 [email protected]

SOLD

AVAILABLEPOD A SOLD

SOLD

POD GAVAILABLE

UNDERCONTRACT

Premier Urban Mixed-Use Development Opportunity

Davis Park East is a 93-acre fully entitled land tract in a blue chip location adjacent to Research Triangle Park.

Davis Park East is one of the premiere land parcels for mixed-use development adjacent to Research Triangle Park.

This world class land development opportunity is well positioned with locational attributes and an economic basis that will enable a developer to experience a high level of value creation.

>>

>>

>>

DAVIS PARK EAST

Hopson Road

Research Triangle Park

Mia

mi B

lvd

Minutes to Raleigh Durham

International Airport

Davi

s Dr

ive

NC

Railr

oad

> 3,500 RTP Employees> $5.2 trillion, Assets under administration

> 2,000 RTP Employees> Largest facility built by the agency, covering nearly 1.2 million SF

> 2,500 RTP Employees> Merged with IMS Health, generated $7.2 billion in revenue in 2015

> 12,000 RTP Employees> Annual revenue of $82 billion

Pod A - Property Detail

>> +/- 3.48 Usable Acres

>> Parcel ID’s 210703 and 210704

>> Durham County

>> Land Use: Hospitality / Mixed-Use / Commercial

>> Zoning: OI-2 CN, PUD

>> Utilities: Municipal Water/Sewer

>> Asking Price: $3,750,000

COLLIERS INTERNATIONAL P. 2

Page 3: RESEARCH TRIANGLE PARK · frank.quinn@colliers.com DAVID BATTEN | 919 582 3117 david.batten@colliers.com Research Triangle Park Research Triangle Park (RTP) is the leading and largest

DAVIS PARK EAST

FRANK QUINN | 919 582 [email protected]

DAVID BATTEN | 919 582 [email protected]

Density Pod Plan

DISCLAIMER: No warranty or representation, express or implied, is made to the accuracy of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions imposed by principals.

Pod Plan 2016-12-8-SRM-15000                Minimum Maximum UnitsPod A - Mixed Use/Hospitality 96,000.00 120,000.00 SFPod B - Multi-Family 400.00 ApartmentsPod C/D - Townhomes - Under Construction 181.00 TownhomesPod E - Retail / Office 20,000.00 25,000.00 SFPod F 400.00 ApartmentsPod G 300.00 ApartmentsPod H, J, & K - Apartments under construction 262.00 Apartments

SOLD

SOLD

SOLD

POD AAVAILABLE

POD G AVAILABLE

POD BUNDER CONTRACT

10378

COLLIERS INTERNATIONAL P. 3

Page 4: RESEARCH TRIANGLE PARK · frank.quinn@colliers.com DAVID BATTEN | 919 582 3117 david.batten@colliers.com Research Triangle Park Research Triangle Park (RTP) is the leading and largest

DAVIS PARK EAST

FRANK QUINN | 919 582 [email protected]

DAVID BATTEN | 919 582 [email protected]

Pod Plan with Utilities

X:\Projects\SRM\SRM-15000\Land\Send Out\2017-05-17 - Exhibit to Frank\LEN15110X - Base for Exhibit (old townhome Layout).dwg, 5/18/2017 3:26:28 PM, AcroPlot.pc3

COLLIERS INTERNATIONAL P. 4

Page 5: RESEARCH TRIANGLE PARK · frank.quinn@colliers.com DAVID BATTEN | 919 582 3117 david.batten@colliers.com Research Triangle Park Research Triangle Park (RTP) is the leading and largest

DAVIS

PARK EAST

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Triangle Expressway

Miami Blvd

N.C. Railroad

Davis Drive

Hop

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DAVI

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Keystone Drive

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P. 5

Page 6: RESEARCH TRIANGLE PARK · frank.quinn@colliers.com DAVID BATTEN | 919 582 3117 david.batten@colliers.com Research Triangle Park Research Triangle Park (RTP) is the leading and largest

DAVIS PARK EAST

FRANK QUINN | 919 582 [email protected]

DAVID BATTEN | 919 582 [email protected]

Research Triangle Park

Research Triangle Park (RTP) is the leading and largest high technology research and science park in North America.

Founded in 1959, this 7,000-acre namesake for the entire Triangle region is two miles wide and eight miles long, based in Durham with an extension now spilling into Wake County toward Cary and Morrisville.

Just four miles from Downtown Durham and encompassed on three sides by the City of Durham, RTP was originally named for its affi liation with three major research universities: Duke University in Durham, the University of North Carolina at Chapel Hill, and North Carolina State University in Raleigh. This part of Durham is approximately equidistant between Raleigh and Chapel Hill.

Originally envisioned by UNC’s Howard W. Odum and fostered by the administration of Durham native Governor William Umstead, the Park was developed by the Research Triangle Foundation in 1959 and now includes over 170 companies, 42,000 full time employees, and 10,000 contract workers.

The three original universities are joined by Durham’s North Carolina Central University

(located less than two miles from RTP), playing a major role as home to the Biomanufacturing Research Institute & Technology Enterprise (BRITE) Center for Excellence.

Today, RTP is surrounded by a variety of other Durham business and corporate parks populated by pharmaceutical, microelectronic, biotechnology, telecommunications, and textile businesses to name a few. Research Triangle Park is not a city, but it has a special Durham postal substation – Research Triangle Park, NC 27709. It exists in a special county district, serviced by Durham utilities.

The map at left represents the top employers in the Durham portion of RTP. For more information and complete listings of RTP companies and organizations, visit www.rtp.org.

The Research Triangle Park

Reichhold, Inc./IEM

National Institute of Statistical Sciences

Grifols, Inc

Medicago

Nortel Networks/Avaya

Fidelity Investments

To Hwy 54/55 Lodging & Dining Cluster

Lodging & Dining Cluster

Where great innovations happen

Durham

RTP

County

City

For other publications and information on the great things to see and do in Durham, speak with a friendly information specialist at the Durham Visitor Information Center at 101 E Morgan St in Downtown Durham. (919) 687-0288 or (800) 446-8604. 8:30am-5pm, M-F; 10am-2pm, Sa.

Or visit www.durham-nc.com, the offi cial Durham website for visitors and newcomers, featuring searchable listings, event calendar, maps, live chat, and more.

Convention & Visitors Bureau

101 E Morgan St, Durham, NC 27701 USA(919) 687-0288 | (800) 446-8604FAX (919) 680-8340www.durham-nc.com

AN ACCREDITED DESTINATION MARKETING ORGANIZATION

1 2 E X E M P L A R Y C I TAT I O N S

Founded in 1959 by N.C. leaders in academia, business and government, Research Triangle Park (RTP) is the largest, continuously operating research park in North America. Covering 7,000 acres, it is home to more than 200 research, technology and ag-bio companies that employ more than 40,000 knowledge workers. RTP Headquarters is located in Durham and is a 25-minute drive from downtown Raleigh.

RTP was originally named for its affiliation with three major research universities: Duke University in Durham, the University of North Carolina at Chapel Hill, and North Carolina State University in Raleigh. This part of Durham is approximately equidistant between Raleigh and Chapel Hill.

The three original universities are joined by Durham’s North Carolina Central University (located less than two miles from RTP), playing a major role as home to the Biomanufacturing Research Institute & Technology Enterprise (BRITE) Center for Excellence.

Today, RTP is surrounded by a variety of other Durham business and corporate parks populated by pharmaceutical, microelectronic, biotechnology, textile, and telecommunications, businesses to name a few. Research Triangle Park is not a city, but it has a special Durham postal substation – Research Triangle Park, NC 27709.

Research Triangle Park (RTP) is the leading and largest high technology research and science park in North America.

Founded in 1959, this 7,000-acre namesake for the entire Triangle region is two miles wide and eight miles long, based in Durham with an extension now spilling into Wake County toward Cary and Morrisville.

Just four miles from Downtown Durham and encompassed on three sides by the City of Durham, RTP was originally named for its affi liation with three major research universities: Duke University in Durham, the University of North Carolina at Chapel Hill, and North Carolina State University in Raleigh. This part of Durham is approximately equidistant between Raleigh and Chapel Hill.

Originally envisioned by UNC’s Howard W. Odum and fostered by the administration of Durham native Governor William Umstead, the Park was developed by the Research Triangle Foundation in 1959 and now includes over 170 companies, 42,000 full time employees, and 10,000 contract workers.

The three original universities are joined by Durham’s North Carolina Central University

(located less than two miles from RTP), playing a major role as home to the Biomanufacturing Research Institute & Technology Enterprise (BRITE) Center for Excellence.

Today, RTP is surrounded by a variety of other Durham business and corporate parks populated by pharmaceutical, microelectronic, biotechnology, telecommunications, and textile businesses to name a few. Research Triangle Park is not a city, but it has a special Durham postal substation – Research Triangle Park, NC 27709. It exists in a special county district, serviced by Durham utilities.

The map at left represents the top employers in the Durham portion of RTP. For more information and complete listings of RTP companies and organizations, visit www.rtp.org.

The Research Triangle Park

Reichhold, Inc./IEM

National Institute of Statistical Sciences

Grifols, Inc

Medicago

Nortel Networks/Avaya

Fidelity Investments

To Hwy 54/55 Lodging & Dining Cluster

Lodging & Dining Cluster

Where great innovations happen

Durham

RTP

County

City

For other publications and information on the great things to see and do in Durham, speak with a friendly information specialist at the Durham Visitor Information Center at 101 E Morgan St in Downtown Durham. (919) 687-0288 or (800) 446-8604. 8:30am-5pm, M-F; 10am-2pm, Sa.

Or visit www.durham-nc.com, the offi cial Durham website for visitors and newcomers, featuring searchable listings, event calendar, maps, live chat, and more.

Convention & Visitors Bureau

101 E Morgan St, Durham, NC 27701 USA(919) 687-0288 | (800) 446-8604FAX (919) 680-8340www.durham-nc.com

AN ACCREDITED DESTINATION MARKETING ORGANIZATION

1 2 E X E M P L A R Y C I TAT I O N S

Source: Durham Convention & Visitors Bureau & VisitRaleigh

DAVIS PARK EAST

COLLIERS INTERNATIONAL P. 6

Page 7: RESEARCH TRIANGLE PARK · frank.quinn@colliers.com DAVID BATTEN | 919 582 3117 david.batten@colliers.com Research Triangle Park Research Triangle Park (RTP) is the leading and largest

DAVIS PARK EAST

FRANK QUINN | 919 582 [email protected]

DAVID BATTEN | 919 582 [email protected]

Research Triangle Park Fast Facts

Passengers(2016)

11,000,000

COLLIERS INTERNATIONAL P. 7

Page 8: RESEARCH TRIANGLE PARK · frank.quinn@colliers.com DAVID BATTEN | 919 582 3117 david.batten@colliers.com Research Triangle Park Research Triangle Park (RTP) is the leading and largest

DAVIS PARK EAST

FRANK QUINN | 919 582 [email protected]

DAVID BATTEN | 919 582 [email protected]

DemographicsMarket Profile314 Davis Dr, Durham, North Carolina, 27709 Prepared by EsriRings: 5, 10, 20 mile radii Latitude: 35.87959

Longitude: -78.86301

5 miles 10 miles 20 milesPopulation Summary

2000 Total Population 35,044 310,157 885,5062010 Total Population 86,613 423,612 1,176,5652018 Total Population 117,333 516,572 1,397,084

2018 Group Quarters 208 9,767 44,9792023 Total Population 135,132 576,484 1,545,282

2018-2023 Annual Rate 2.86% 2.22% 2.04%2018 Total Daytime Population 174,085 571,530 1,531,138

Workers 122,897 329,040 852,474Residents 51,188 242,490 678,664

Household Summary2000 Households 15,143 123,144 345,484

2000 Average Household Size 2.29 2.44 2.442010 Households 37,640 172,809 460,096

2010 Average Household Size 2.30 2.39 2.462018 Households 50,087 209,579 544,073

2018 Average Household Size 2.34 2.42 2.492023 Households 57,365 233,395 601,057

2023 Average Household Size 2.35 2.43 2.502018-2023 Annual Rate 2.75% 2.18% 2.01%

2010 Families 22,004 104,218 285,8522010 Average Family Size 2.98 3.06 3.07

2018 Families 29,023 124,720 333,7132018 Average Family Size 3.07 3.13 3.15

2023 Families 33,140 138,199 367,0792023 Average Family Size 3.10 3.16 3.172018-2023 Annual Rate 2.69% 2.07% 1.92%

Housing Unit Summary2000 Housing Units 16,556 132,302 369,693

Owner Occupied Housing Units 53.4% 53.6% 56.4%Renter Occupied Housing Units 38.1% 39.5% 37.0%Vacant Housing Units 8.5% 6.9% 6.5%

2010 Housing Units 40,823 187,628 497,574Owner Occupied Housing Units 49.0% 52.7% 56.2%Renter Occupied Housing Units 43.2% 39.4% 36.3%Vacant Housing Units 7.8% 7.9% 7.5%

2018 Housing Units 53,030 224,862 584,512Owner Occupied Housing Units 52.9% 52.3% 55.2%Renter Occupied Housing Units 41.5% 40.9% 37.9%Vacant Housing Units 5.5% 6.8% 6.9%

2023 Housing Units 60,092 249,281 643,770Owner Occupied Housing Units 54.8% 53.5% 56.4%Renter Occupied Housing Units 40.6% 40.1% 36.9%Vacant Housing Units 4.5% 6.4% 6.6%

Median Household Income2018 $81,528 $74,601 $69,2732023 $87,439 $80,231 $76,332

Median Home Value2018 $285,368 $275,937 $266,7312023 $317,188 $308,864 $298,336

Per Capita Income2018 $44,616 $40,908 $37,9432023 $48,743 $44,791 $41,639

Median Age2010 32.8 33.8 34.12018 34.5 35.5 35.52023 34.0 35.8 35.8

Data Note: Household population includes persons not residing in group quarters. Average Household Size is the household population divided by total households. Persons in families include the householder and persons related to the householder by birth, marriage, or adoption. Per Capita Income represents the income received by all persons aged 15 years and over divided by the total population.Source: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2018 and 2023 Esri converted Census 2000 data into 2010 geography.

May 23, 2019

©2019 Esri Page 1 of 7

Market Profile314 Davis Dr, Durham, North Carolina, 27709 Prepared by EsriRings: 5, 10, 20 mile radii Latitude: 35.87959

Longitude: -78.86301

5 miles 10 miles 20 milesPopulation Summary

2000 Total Population 35,044 310,157 885,5062010 Total Population 86,613 423,612 1,176,5652018 Total Population 117,333 516,572 1,397,084

2018 Group Quarters 208 9,767 44,9792023 Total Population 135,132 576,484 1,545,282

2018-2023 Annual Rate 2.86% 2.22% 2.04%2018 Total Daytime Population 174,085 571,530 1,531,138

Workers 122,897 329,040 852,474Residents 51,188 242,490 678,664

Household Summary2000 Households 15,143 123,144 345,484

2000 Average Household Size 2.29 2.44 2.442010 Households 37,640 172,809 460,096

2010 Average Household Size 2.30 2.39 2.462018 Households 50,087 209,579 544,073

2018 Average Household Size 2.34 2.42 2.492023 Households 57,365 233,395 601,057

2023 Average Household Size 2.35 2.43 2.502018-2023 Annual Rate 2.75% 2.18% 2.01%

2010 Families 22,004 104,218 285,8522010 Average Family Size 2.98 3.06 3.07

2018 Families 29,023 124,720 333,7132018 Average Family Size 3.07 3.13 3.15

2023 Families 33,140 138,199 367,0792023 Average Family Size 3.10 3.16 3.172018-2023 Annual Rate 2.69% 2.07% 1.92%

Housing Unit Summary2000 Housing Units 16,556 132,302 369,693

Owner Occupied Housing Units 53.4% 53.6% 56.4%Renter Occupied Housing Units 38.1% 39.5% 37.0%Vacant Housing Units 8.5% 6.9% 6.5%

2010 Housing Units 40,823 187,628 497,574Owner Occupied Housing Units 49.0% 52.7% 56.2%Renter Occupied Housing Units 43.2% 39.4% 36.3%Vacant Housing Units 7.8% 7.9% 7.5%

2018 Housing Units 53,030 224,862 584,512Owner Occupied Housing Units 52.9% 52.3% 55.2%Renter Occupied Housing Units 41.5% 40.9% 37.9%Vacant Housing Units 5.5% 6.8% 6.9%

2023 Housing Units 60,092 249,281 643,770Owner Occupied Housing Units 54.8% 53.5% 56.4%Renter Occupied Housing Units 40.6% 40.1% 36.9%Vacant Housing Units 4.5% 6.4% 6.6%

Median Household Income2018 $81,528 $74,601 $69,2732023 $87,439 $80,231 $76,332

Median Home Value2018 $285,368 $275,937 $266,7312023 $317,188 $308,864 $298,336

Per Capita Income2018 $44,616 $40,908 $37,9432023 $48,743 $44,791 $41,639

Median Age2010 32.8 33.8 34.12018 34.5 35.5 35.52023 34.0 35.8 35.8

Data Note: Household population includes persons not residing in group quarters. Average Household Size is the household population divided by total households. Persons in families include the householder and persons related to the householder by birth, marriage, or adoption. Per Capita Income represents the income received by all persons aged 15 years and over divided by the total population.Source: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2018 and 2023 Esri converted Census 2000 data into 2010 geography.

May 23, 2019

©2019 Esri Page 1 of 7 COLLIERS INTERNATIONAL P. 8

Page 9: RESEARCH TRIANGLE PARK · frank.quinn@colliers.com DAVID BATTEN | 919 582 3117 david.batten@colliers.com Research Triangle Park Research Triangle Park (RTP) is the leading and largest

Mixed-Use | Commercial | Hotel

FRANCIS T. QUINN, JR.Executive Vice President | Raleigh+1 919 582 [email protected]

DAVID BATTENVice President | Raleigh+1 919 582 [email protected]

DAVIS PARK EAST RESEARCH TRIANGLE PARK

*Not Actual Property

*Not Actual Property *Not Actual Property