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Roosevelt Island Officially Goes Tech

At full build-out Cornell Tech is expected to produce up to 8,000 permanent jobs, hundreds of spin-off companies and more than $23 billion in economic activity over a period of 35 years.

By John Jordan | johnjordan | Updated on September 14, 2017

The $2-billion Cornell Tech campus on Roosevelt Island will at full build-out total 2 million square feet of mixed-use space. The $2-billion Cornell Tech campus on Roosevelt Island will at full build-out total 2 million square feet of mixed-use space.

NEW YORK CITY—The first phase of the planned $2-billion Cornell Tech Campus opened on Wednesday on Roosevelt Island. A host of university, as well as state and city leaders attended the dedication ceremony for the three completed buildings, including former New York City Mayor Michael Bloomberg, who donated $100 million to the groundbreaking initiative.

Cornell Tech, touted by city and Cornell University officials as the first campus built for the digital age, broke ground in 2015, but originated back in 2011 when Cornell Tech was named the winner of then Mayor Bloomberg’s administration’s Applied Sciences Competition. The Cornell Tech proposal was provided with land on Roosevelt Island and $100 million in city capital to build the tech campus.

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