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Lookout Ventures Plans RTP-like Development in North Carolina

Published 6/8/2009

A 1,000-acre Wake county site 12 miles from Research Triangle Park (RTP) may house another RTP-like development. “Veridia”  (a name combining Latin “veritas” or truth, and “verdant” meaning green, with “idea”) is the brain-child of Tom Hendrickson, a principal at Zebulon, NC-based Lookout Ventures real estate development company. Combining facilities for residential, retail, technology and biotechnology operations, as well as greenways and parks, the urban, sustainable development facilities may incorporate LEED guidelines. When completed, it is anticipated that 30,000 people may be employed at the site.