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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1. OVERVIEW AND INTRODUCITON SECTION 1-1 INTRODUCTION, PURPOSE, AND INTENT Research Triangle Logistics Park (“RTLP”) encompasses 161 acres of land centrally located within the North Carolina Research Triangle and within 20 minutes of the Raleigh Durham Airport. Located in the highly sought after I-40 Corridor, RTLP has strategic access to I-40, I-85 and I-95 trucking routes and to FedEx and UPS cargo facilities. Ready for construction in January 2021, RTLP will have the capacity for over 2,250,000 square feet of health technology, information sciences and engineering, adv anced manufacturing, light manufacturing, scientific research and laboratories, logistics, warehousing and supply chain fulfillment. RTLP will create facility investment of more than $150,000,000.00 and will provide employment for up to 4,500 people globally within the Raleigh-Durham MSA and, more specifically, within the Orange County-Town of Hillsborough economic area. As governments and health care agencies work to stop the spread of Covid-19 and to treat those who are infected, manufacturers in more than a dozen industries are struggling to manage the epidemic’s growing impact on their supply chains. Unfortunately, many are facing a supply crisis that stems from weaknesses in their sourcing strategies that could have been corrected years ago. Just how extensive the crisis is can be seen in data released by Resilinc, a supply-chain-mapping and risk-monitoring company, which shows the number of sites of industries located in the quarantined areas of China, South Korea, and Italy, and the number of items sourced from the quarantined regions of China. 38