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Home > Market Studies > The Downtown Durham Market
THE DOWNTOWN DURHAM MARKET
Today it is one of the nation's most prominent high-tech research and development centers and is often compared to Silicon Valley. As of 2007, there are reportedly 140 R&D facilities employing more than 45,000 people for 157 organizations in the RTP.
Urban Revitalization: The City of Durham has experienced a significant revival of its downtown district, centered on the American Tobacco Historic District.
Investment Opportunities: Overall Durham's downtown is becoming a highly attractive place to live, work and play. Despite the extensive renovations that have taken place, investors continue to position themselves to benefit from the ongoing revitalization. The Durham/Chapel Hill Metropolitan Statistical Area, which is now measured separately from the Raleigh/Cary MSA, ranked as the 7th best place for business in the May 2007 Edition ranking by Forbes Magazine.
