Raleigh - Cary Home Reviews & Market News!: North Carolina Triangle - What is it?

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North Carolina Triangle - What is it?

The North Carolina Triangle or RTP - What is it?

 

Some of you may know what it means when people refer to the Raleigh Durham area as "The Triangle". Many may not.  Basically, the Triangle was named because of the Three Big Universities and Towns that form a Triangle. Raleigh, NC with North Carolina State University (NCSU), Chapel Hill with University of North Carolina (UNC), and Durham with Duke University (Duke).  At the Durham County and Wake County border is RTP or Research Triangle Park. This area business park houses many large companies such as Cisco, IBM, GSK, Biogen, BASF, Credit Suisse, EMC, Net App, Dupont, Bayer, Fidelity Investments, RTI International, and more.

Our area is rapidly growing with folks moving from all over the US and other countries to work in Research Triangle Park, in Downtown Raleigh, in Durham, Duke, UNC, NCSU, and other local areas.  

Our top industries are Healthcare & Medical Research, Biotechnology & Pharmaceuticals, Education & Research, Gaming, Film, Software & Information Technology, Defense, Aerospace & Aviation, Manufacturing, and Green & Sustainable Energy among others. Yes, many people are moving here for jobs, but, there's more. 

Did you know North Carolina and in particular, the Triangle, is one of the fastest growing areas for Active Adults 55 and above? Our mild climate, thriving recreation & cultural events, healthcare, and low cost of living has earned the attention of folks from all age groups. 

There are many lovely towns outside of the Big Three that make up the Triangle. One of the most well-known is Cary, NC. Convenient to all the Big Three towns and Research Triangle Park this town has grown by leaps and bounds. Plus, there's Morrisville, Apex, Holly Springs, Fuquay-Varina, Wake Forest, Carborro, Pittsboro and several others.

There are Top Employers outside of RTP as well. In Cary, you'll find SAS, one of the Top Companies to work for. There's also Verizon, Kellogg's, Siemans, John Deere, Allscrips, Wake Med, Lord Corporation, Caterpillar, American Airlines Reservation Center and more.  In Apex, NC you'll find Lufkin and EMC2. Holly Springs has Novartis and Warp Technologies. Fuquay-Varina boost companies such as Fidelity, Bob Barker Company, Patriot State Bank, Southbend, Apex Instruments, and InServe Corporation. In Wake Forest you'll find Wireless Research Center of NC, CentruyLink, and Southeastern Baptist Theological Seminary.

Other Impressive Employers for the Triangle Area are Red Hat, Cree, BCBS, Lenovo, Duke University, First Citizens Bank, Health Services, Longistics, Misys Healthcare Systems, National Institute of Enviromental, News & Observer, Nortel, NC State University, Progress/Duke Energy, UNC, Quintiles, Rex Healthcare, Waste Industries, Wake County Public School System, Wake County Government, and The State of North Carolina.

North Carolina's population continues to grow at a rapid pace and 50% of the population growth is from other states and countries. I moved here from Florida in 1997 so I know what it is like to be new in this area. As a matter of fact, it can be hard to find someone who is actually from here.  

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Comment balloon 11 commentsCarla Freund • August 05 2012 08:27AM

Comments

This is indeed a comprehensive explanation! Thanks for the information.

Posted by Barbara-Jo Roberts Berberi, MA, PSA, TRC - Greater Clearwater Florida Residential Real Estate Professional, Palm Harbor, Dunedin, Clearwater, Safety Harbor (Charles Rutenberg Realty) over 6 years ago

Barbara - Jo, Thanks for stopping by to comment. Have a great week!

Posted by Carla Freund, Raleigh - Cary Triangle Real Estate 919-602-8489 (Keller Williams Preferred Realty) over 6 years ago

Prices are rising in Maryland and retirees are thinking about moving south.  You should do a series on the active adult communities and the condos that are attractive for retirees in your area.

North Carolina is a favorite retirement location for Maryland retirees.

Posted by Roy Kelley, Roy and Dolores Kelley Photographs (Realty Group Referrals) over 6 years ago

Carla I was not aware that it was called "the Triangle" by the locals as well as Why? Great Localism post and explanation.

Posted by Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002 (Berkshire Hathaway HomeServices) over 6 years ago
Carla, thank you for explaining the "triangle" and providing so much information about the Raleigh area. It seems to be a vibrant area!
Posted by Silvia Dukes PA, Broker Associate, CRS, CIPS, SRES, Florida Waterfront and Country Club Living (Tropic Shores Realty - Ich spreche Deutsch!) over 6 years ago

Hi Roy,

You read my mind. I'm already working on a post about 55+ communities for the Raleigh - Cary area.

Erdre - Yes thanks to our three colleges.

Silvia - Thank you and yes it is vibrant.

Posted by Carla Freund, Raleigh - Cary Triangle Real Estate 919-602-8489 (Keller Williams Preferred Realty) over 6 years ago

 

 

fairfax county real estate agents Jan and Steve Bachman

 

 

 

The Triangle is awesome ...a great place to live. Many Northern Virginians are moving there because of all the virtues that Carla mentions.

Posted by Steve and Jan Bachman, Realtors - Northern Virginia (RE/MAX Gateway, Reston, Herndon, Ashburn, Sterling, Fairfax ) over 6 years ago

Hi Steve & Jan,

Thank you for commenting. Nice photo! Have a great day!

Posted by Carla Freund, Raleigh - Cary Triangle Real Estate 919-602-8489 (Keller Williams Preferred Realty) over 6 years ago

Carla, although I know several agents in the triangle area, I've learned a few new things here.  Definitely worth a suggest for a very informative post.

Posted by Nick T Pappas, Madison & Huntsville Alabama Real Estate Resource (Assoc. Broker/Broker ABR, CRS, SFR, e-Pro, @Homes Realty Group, @HomesBirmingham & Providence Property Mgmnt, LLC Huntsville AL) over 6 years ago

Best wishes for great success with your new company!  

Have an outstanding week with your camera in hand.

Posted by Roy Kelley, Roy and Dolores Kelley Photographs (Realty Group Referrals) over 6 years ago

Hi Nick & Roy -

Nick - I'm glad you've learned something new! Hope all is good with you!

Roy - Thanks for the good wishes. Have a wonderful week!

Posted by Carla Freund, Raleigh - Cary Triangle Real Estate 919-602-8489 (Keller Williams Preferred Realty) over 6 years ago

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