North Carolina is experiencing an unprecedented boom in data center development and market activity. This boom may appear to be a spontaneous event; however, it is the result of a number of key moments; some planned and some fortuitously unintentional.
Textiles & Manufacturing
North Carolina began building its textile and manufacturing industries in the early 1800s, and by the 1920s, had established itself as a center for the industries in the United States.
North Carolina maintained its dominance through most of the 20th century. By the 21st century, a combination of free trade regulations and fierce price competitions from other countries gave way to the steady relocation of these industries overseas.
Infrastructure & New Ideas
For nearly 200 years, the state developed a diverse and robust infrastructure designed to fit the massive power, water, and sewer demands of the textile and manufacturing industries.
With their departure, this sturdy and vast system throughout the state needed a new purpose; something long lasting that could readily embrace the growing technological needs of the 21st century.
The Research Triangle Park
In the latter half of the 20th century, a group of North Carolina’s best political, economic, and academic leaders gathered to forge a new future for the area, rooted in research and development.
This resulted in the development of the Research Triangle Park; a 7,000 acre parcel of land that is home to more than 170 companies. The area became a nationally recognized community for technology, research and development, and a highly ranked collegiate university system.