New York Mayor Michael Bloomberg said the city may select multiple universities as winners in his competition to open new engineering campuses to create jobs.
“Wouldn’t it be wonderful if you could have more than one?” Bloomberg said today at a press conference in Manhattan. “First thing is to get one but it would be wonderful if you could get lots of universities to come here.”
Stanford, Cornell, Columbia and New York University are among the institutions that are bidding for the right to open a campus for technology and applied science, which would include free land and as much as $100 million in infrastructure improvements from the city. The project may create as many as 400 companies and more than 22,000 jobs in its first 30 years, Bloomberg said when he announced the competition in July. The proposals are due tomorrow with results to be announced in January.
“The interest is off the charts,” Bloomberg said today. “We are just blessed. Think about it, you have the major universities around this country or around the world, many of them fighting to open a campus in New York City.”
Stanford University near Palo Alto, California, would invest $200 million of institutional money for a campus on Roosevelt Island, one of the sites identified by the city. The college would ultimately build out a $2.5 billion project in 30 years for more than 200 faculty members and 2,000 graduate students. Stanford partnered with City College of New York, which would host classes beginning in 2013 as construction began.
Cornell University, based in Ithaca, New York, is teaming with Technion in Haifa, Israel. They propose to begin classes in 2012 and expand to 2 million square feet for almost 2,000 students, also on Roosevelt Island, according to an Oct. 18 statement from Cornell.
Columbia University, in New York, is already building a $7 billion campus in Manhattanville, in West Harlem, which includes science and engineering buildings.
New York University is leading a group of institutions including Carnegie Mellon University in Pittsburgh, the University of Toronto and the Indian Institute of Technology in Bombay. They are proposing to create the Center for Urban Science and Research in downtown Brooklyn for more than 500 graduate students, said John Beckman, spokesman for the university.
The mayor is founder and majority owner of Bloomberg News parent Bloomberg LP.
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