Cornell's $2B tech campus in N.Y. will create 20,000 construction jobs

12/21/2011 | Bloomberg · Bloomberg

Cornell University and partner Technion-Israel Institute of Technology, bested six other applicants to win a land grant on Roosevelt Island, N.Y., plus $100 million for infrastructure improvements to build an engineering campus. The project will create 20,000 construction jobs, 8,000 permanent jobs and about 30,000 more jobs for 600 spinoff companies. "In a word, this project will be transformative," said Mayor Michael Bloomberg.

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