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A rendering of the planned Park Center project in Research Triangle Park. A rendering of the planned Park Center project in Research Triangle Park.

RALEIGH, NC—Chevy Chase, MD-based commercial development firm Willard Retail has signed an agreement with the Research Triangle Foundation to acquire 12 acres of land in Research Triangle Park where it will build a new 150,000-square-foot retail project.

The retail town center will serve as the shopping and dining core for the long-anticipated Park Center, an ambitious mixed-use development project in Research Triangle Park that will include more than 1,000 residential units, a hotel, a conference center and more than 1 million square feet of office space.

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John Jordan

John Jordan is a veteran journalist with 36 years of print and digital media experience.

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