[kictanet] Cornell Wins Bid for New York City Tech Campus

[Paul Kukubo]

Interesting story and note the role of benefactors and potentially
interesting lessons as we progress Konza City.

"Cornell University has been chosen by New York City to build a technology
campus on Roosevelt Island with a grant of city-owned land and $100 million.

The campus Cornell proposed will occupy 2.1 million square feet,
accommodate up to 2,500 students and cost more than $2 billion to build. A
$350 million gift from an anonymous donor, the largest in Cornell’s
history, will help foot the bill.

Other schools that expressed interest in New York City’s tech campus offer
include Columbia University, Carnegie Mellon, and a consortium led by New
York University and Stanford, which dropped its bid Friday. But Cornell, an
anonymous source told The New York Times, has been the school of choice for
a while. And it might not be the last.

“This is the first selection announcement for the Applied Sciences NYC
initiative,” says a statement released by the city. “Productive discussions
are ongoing with other respondents…and the possibility of additional
science and engineering partnerships in the City is still open.”

Cornell plans to open an off-site location of the campus by 2012, with the
first phase of permanent Roosevelt Island opening by 2017. The university
will lease the land from the city for 100 years, after which it will have
the opportunity to purchase it for $1.

SEE ALSO: NYC Startup Scene Celebrated in 2012 Calendar [PHOTOS]
It’s potentially a mutually beneficial plan. Plotting a tech branch in New
York City is an opportunity for Cornell to become the Stanford of the East
Coast — an incubator for new businesses (and their patents). Attracting
prestigious technology-education institutions is another step in New York
City’s relentless efforts to become the Silicon Valley of the East Coast.

“This is a momentous day catapulting New York City into the forefront of
the 21st century economy and burnishing its place as the high-tech center
of the East,” U.S. Sen. Charles E. Schumer said in a release."

More About: Cornell, new york city, New York city Tech Campus

For more Business coverage:

Follow Mashable Business on Twitter
Become a Fan on Facebook
Subscribe to the Business channel
Download our free apps for Android, Mac, iPhone and iPad


-- 
Paul Kukubo
Chief Executive Officer, Kenya ICT Board
PO Box 27150 - 00100
Nairobi, Kenya

12th Floor, Teleposta Towers Koinange Street

Tel +254 20 2089061, +254 20 2211960
Fax: +254 20 2211962
website: www.ict.go.ke
local content project: www.tandaa.co.ke, www.facebook.com/tandaakenya
twitter:@tandaaKENYA
BPO Project: www. doitinkenya.co.ke
Digital Villages Project: www.pasha.co.ke


personal contacts
_______________

Cell: + 254 717 180001


skype: kukubopaul
googletalk: pkukubo
personal blog: www.paulkukubo.co.ke
personal twitter: @pkukubo


____________________
Vision: Kenya becomes a top ten global ICT hub

Mission: To champion and actively enable Kenya to adopt and exploit ICT,
through promotion of partnerships, investments and infrastructure growth
for socio economic enrichment
-------------- next part --------------
An HTML attachment was scrubbed...
URL: <https://lists.kictanet.or.ke/pipermail/kictanet/attachments/20111221/74e05f16/attachment.htm>