For the most part, it's more of a fraternity for geeks. You get to know other companies and their employees a lot more than a traditional office park. Every off

For the most part, it's more of a fraternity for geeks. You get to know other companies and their employees a lot more than a traditional office park. Every office has a huge glass wall that faces the hallway, so you get to see the same people every day as they pass by your office. You'll often find local angels and VC's in the hallways and conference rooms. The space is designed for startups. Small spaces for early stage companies, at a decent rate, with short lease terms. As far as housing goes, I /think/ West Village in downtown Durham does 3 month leases, but I would check on that. Of few of my friends from the last Launchbox class stayed there. It's a bit expensive relative to the area though, so I would look around if you're on a budget.