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Agenda - 09-15-20; 5-a - Zoning Atlas Amendment - Master Plan Development Conditional Zoning District (MPD-CZ) for the Research Triangle Logistics Park (RTLP)
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Agenda - 09-15-20; 5-a - Zoning Atlas Amendment - Master Plan Development Conditional Zoning District (MPD-CZ) for the Research Triangle Logistics Park (RTLP)
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9/10/2020 3:28:37 PM
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BOCC
Date
9/15/2020
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Business
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Agenda
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5-a
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<br />Research Triangle Logistics Park (“RTLP”) encompasses 161 acres of land centrally <br />located within the North Carolina Research Triangle and within 20 minutes of the Raleigh <br />Durham Airport. Located in the highly sought after I-40 Corridor, RTLP has strategic <br />access to I-40, I-85 and I-95 trucking routes and to FedEx and UPS cargo facilities. <br /> <br />Ready for construction in January 2021, RTLP will have the capacity for over 2,250,000 <br />square feet of health technology, information sciences and engineering, advanced <br />manufacturing, light manufacturing, scientific research and laboratories, logistics, <br />warehousing and supply chain fulfillment. <br /> <br />RTLP will create facility investment of more than $150,000,000.00 and will provide <br />employment for up to 4,500 people globally within the Raleigh-Durham MSA and, more <br />specifically, within the Orange County-Town of Hillsborough economic area. <br /> <br />As governments and health care agencies work to stop the spread of Covid-19 and to treat <br />those who are infected, manufacturers in more than a dozen industries are struggling to <br />manage the epidemic’s growing impact on their supply chains. Unfortunately, many are <br />facing a supply crisis that stems from weaknesses in their sourcing strategies that could have <br />been corrected years ago. <br /> <br />Just how extensive the crisis is can be seen in data released by Resilinc, a supply-chain- <br />mapping and risk-monitoring company, which shows the number of sites of industries located <br />in the quarantined areas of China, South Korea, and Italy, and the number of items sourced <br />from the quarantined regions of China. <br /> <br /> <br /> <br />The Federal Emergency Management Agency, the U.S. Food and Drug Administration, the <br />National Institutes of Health, and others need a coordinated plan that includes an inventory <br />of supplies and equipment that can be put into service until overseas supply chains are <br />repaired. <br />34
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