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December 20, 2011 12:12 am GMT
New York City Mayor Michael Bloomberg will announce today that Cornell University has been selected to build a new tech campus on Roosevelt Island, the two organizations say. It's not that surprising, considering how the negotiations had gone at the end of last week. Cornell's top contender, Stanford University, dropped out on Friday. Then Cornell followed up an hour later by announcing that it had already raised $350 million for the project.The goal of the campus is to further develop New York City as a key destination for technical talent, in the hopes of building a university-oriented innovation ecosystem along the lines of what Stanford and Berkeley have in Silicon Valley, and what MIT has in Cambridge. Cornell, an Ivy League school located far out in Ithaca, New York (state), already has a large medical center near the island in Upper East Side of Manhattan. And the city is full of Cornell alumni who want to see their alma mater become a more vital part of the emerging local tech scene.
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/HkHmIy5kRzs/
Cornell Wins NYC Tech Campus Bid (How Serious Had Stanford Been?)
New York City Mayor Michael Bloomberg will announce today that Cornell University has been selected to build a new tech campus on Roosevelt Island, the two organizations say. It's not that surprising, considering how the negotiations had gone at the end of last week. Cornell's top contender, Stanford University, dropped out on Friday. Then Cornell followed up an hour later by announcing that it had already raised $350 million for the project.The goal of the campus is to further develop New York City as a key destination for technical talent, in the hopes of building a university-oriented innovation ecosystem along the lines of what Stanford and Berkeley have in Silicon Valley, and what MIT has in Cambridge. Cornell, an Ivy League school located far out in Ithaca, New York (state), already has a large medical center near the island in Upper East Side of Manhattan. And the city is full of Cornell alumni who want to see their alma mater become a more vital part of the emerging local tech scene.Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/HkHmIy5kRzs/
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