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Durham, N.C., rezones land near Research Triangle for huge new development.
By Michael Biesecker, The News & Observer, Raleigh, N.C. Knight Ridder/Tribune Business News
Jul. 27--DURHAM, N.C. -- Durham County commissioners voted 5-0 Monday night to rezone two large parcels of land near Research Triangle Park that could become part of the largest and most expensive mixed-use development in the county's history.
In a joint venture with the Research Triangle Foundation, Craig Davis Properties of Cary is proposing a sprawling complex of offices, stores, restaurants, townhouses and apartments to be clustered around a planned commuter rail station.
The massive project, to be called Triangle Metro Center, is expected to take …
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