Oct. 27, 2011
Cornell to submit NYC Tech Campus proposal
On Oct. 28, Cornell will officially submit its proposal to build a world-class technology campus in New York City. In partnership with The Technion -- Israel Institute of Technology, the campus promises to spur economic development, job creation and high-tech entrepreneurship in the heart of the city.
In the months since Cornell's bid for the campus went public, the plan has seen a groundswell of support from alumni and countless others, in the form of websites, blogs and online petitions.
"I am enormously grateful to our board of trustees and to the thousands of alumni and friends, both in New York and elsewhere, who have so strongly supported our proposal," said President David Skorton. "I am also grateful to our faculty, staff and students, who have been equally supportive. This is just one more reason why Cornell is the logical choice for this honor. Educational leadership and outreach in support of the people of New York are essential to Cornell."
Late last year, Mayor Michael Bloomberg officially announced his intention to invite institutions around the world to apply for the right to build the campus, in exchange for a land grant and about $100 million in infrastructure improvements.
In March, Cornell submitted an "expression of interest" to build the campus. Bloomberg released his formal request for proposals July 19, to which Cornell has now responded after months of preparation, planning and outreach to its many supporters.
In recent weeks, Cornell and Technion announced plans for their partnership to create the applied science and engineering campus together. The campus, most likely to be built on Roosevelt Island, would combine the full spectrum of both institutions' academic strengths, as well as Cornell's entrepreneurial culture and deep existing connection to the city.
Bloomberg is expected to announce a winner by the end of 2011.