Tuesday, December 20, 2011
Cornell wins campus prize
Roosevelt Island, known for its iconic tram and sweeping view of Manhattan's East Side, will get a major makeover courtesy of Cornell University.
The Ivy League school is joining forces with the Technion-Israel Institute of Technology to build a 2 million-square-foot science and engineering campus for grad students, city officials announced Monday. The initiative is part of the Bloomberg administration's goal to turn New York into a tech hot spot to rival Silicon Valley.
"By adding a new state-of-the-art institution to our landscape, we will educate tomorrow's entrepreneurs and create the jobs of the future," said Mayor Michael Bloomberg at a news conference at Weill Cornell Medical College on the Upper East Side.
Cornell-Technion was chosen among seven candidates that made proposals. The campus, which will include student housing, will be built in stages and won't be finished for another 30 years.