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December 21, 2011

Technion and Cornell Partnership Wins the New York Tech Campus Competition

Revised Press Bloomberg.jpg
Mayor Michael Bloomberg announces the establishment
of the Technion-Cornell Tech Campus
at the press conference.
(photo: Jason Koski, Cornell University)

On the heels of the recent Nobel Prize celebration, the Technion and the American Technion Society are celebrating again! After months of anticipation, the partnership between the Technion and Cornell University was awarded the highly competitive bid to build a world-class, applied science and engineering campus in New York City.

The Technion-Cornell team plans to create a graduate program on Roosevelt Island, focused on commercialization and the city’s economic growth. Central to the plan is the creation of the Technion-Cornell Innovation Institute (TCII), which will offer a novel Technion-Cornell dual Master of Applied Sciences, with tracks in each of three interdisciplinary hubs: Connective Media, Healthier Life, and Built Environment.

At a press conference held December 19 at the Weill Cornell Medical College, Mayor Michael Bloomberg called the proposal a “game changer” that “promises to create a beehive of innovation and discovery,” spawn start-ups, create jobs and boost the city’s economy. “In a word, this project is going to be transformative.”

Revised Press Peretz.jpg
Technion President Peretz Lavie and Cornell President
David Skorton talk about the innovative
program. (photo: Robert Barker, Cornell University)

Mayor Bloomberg said he chose the Technion-Cornell team, “a dynamic partnership,” after reviewing seven proposals submitted by a total of 17 institutions because it was “far and away the boldest and most ambitious” and had “an incredibly aggressive schedule.” Classes held in temporary quarters will begin as early as next fall. And over the next three decades, the campus will expand to cover two million square feet, house up to 2,500 students, and create untold jobs and tax revenue.

Cornell President David J. Skorton and Technion President Peretz Lavie, who had just returned from Stockholm, joined Mayor Bloomberg for the announcement. “This is as exciting as a Nobel Prize ceremony. I’m very proud,” said President Lavie, who was beaming with joy. “We are going to have something new, something new that will energize this city.” Lavie related that a New York banker supported the Technion’s first building. “And here, 100 years later, we come to New York and close this historic circle,” he said.

Cornell students and a group of Technion students and faculty members including Nobel laureate Prof. Dan Shechtman, watched a live stream of the press conference, and Israeli Prime Minister Benjamin Netanyahu extended his congratulations via telephone. “This is an additional achievement for the Technion less than ten days after Technion Professor Dan Shechtman won the Nobel Prize. This is an additional proof of the accomplishments of local technology, and a source of pride for both higher education and the entire State of Israel,” said Netanyahu.

Events may change quickly as the Technion-Cornell team is eager to get started. We will keep you apprised of  the project’s progress.

If you missed the press conference, please click here to view the recording.

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American Technion Society
55 East 59th Street | New York, NY 10022
Tel: 212-407-6300 Fax: 212-753-2925




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