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Wednesday August 20, 2014

Bloomberg Announces Official RFP for New Science Campus in NY

View of Roosevelt Island and Queensboro Bridge...

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In an announcement this morning Mayor Bloomberg made official the details of the city’s RFP for universities across the world to submit proposals to build a science/engineering campus in NY. Given during a speech at the Crain’s Future of New York City conference, the mayor not only detailed the proposal, but took a shot at Silicon Valley saying “During the 1980s and 90s, Silicon Valley—not New York—became the world capital of technology startups, and that is still true today. But if I am right, and we succeed in this mission, it won’t be true forever.”

According to Crain’s New York Business, the city is offering real estate on Governors Island, Roosevelt Island or at the Brooklyn Navy Yard “at virtually no cost, and is pledging up to $100 million in infrastructure upgrades.”  In return, the city expects the contribution from the winning campus to be “matched several times over,” but of the locations, it is rumored that Roosevelt Island is the most attractive, due to its proximity to Manhattan and its public tranist options.

Proposals are due in October, with the Bloomberg administration choosing the winner(s) by the end of the year, with ground breaking to take place as early as 2013.  According to Crain’s, Cornell University, which has been deemed one of the most interested parties in the bid, sent “a large contingent to hear the mayor’s Tuesday speech” and has put together a task force for the bid  “including Irwin Jacobs, the co-founder of Qualcomm; Andrew Tisch, co-chair of Loews Corp.; and Abby Joseph Cohen, a partner at Goldman Sachs Group Inc. All are Cornell alumni.”

Crain’s New York Business