<http://schema.org/articleBody>
"The good news came on Monday, as New York mayor&amp;nbsp;Michael Bloomberg announced the highly-anticipated winner of the bid to build the cities\u2019s new applied science campus. Cornell, whose $2 billion designs were dreamt up by architectural giants Skidmore, Owings &amp;amp; Merrill, beat out a host of formidable competition, including Columbia, NYU, Carnegie Mellon, and institutions from around the world.As a result, Cornell, in partnership with Technion-Israel Institute of Technology,&amp;nbsp;receives an 11-acre parcel on Roosevelt Island and $100 million towards infrastructure (truly a drop in the bucket for their pricey proposal), as well as the responsibility of creating an East Coast Silicon Valley, an effort to add technology to the list of New York\u2019s other reigning industries.Roosevelt Island, while it may be a forthcoming bastion of technical innovation, is an area where few New Yorkers can say they've ventured. While NYU had proposed a campus in Downtown Brooklyn, Cornell will be building on a place that was called Welfare Island for a good 50-year chunk of its existence. Its current population, made up of family households as well as residents of nursing homes and rehabilitation centers, is just under 10,000 souls. A few have expressed concerns about the influx of traffic on and off the island the campus will cause, while others worry it will turn their neighborhood into a college town \u2014 it might have to, since the future school's competition in Palo Alto (Stanford), after all, was named the country's most poshest student resort. Currently, the island\u2019s amenities include the ruins of a decaying former smallpox hospital, and more recently, a Starbucks and a Duane Reade.Although the angular campus of metallic rhomboids looks a bit like a blinding eyesore in current videos and renderings, the winning news came as little surprise. Cornell\u2019s proposals were simply the largest and most ambitious. At 2.1 million square feet of classrooms, labs, auditoriums, housing, and more, the institution will have the capacity to teach 2,500 students. It includes some very progressive environmental features, including solar energy and geothermal wells. &amp;nbsp;Cornell\u2019s main competition, longstanding nesting ground of fledgling tech superstars Stanford University, abruptly dropped out of the competition three days before the announcement and abandoned their $2.5 billion plans to reinvent the island's Goldwater Hospital campus with Ennead Architects. Whether Cornell won because Stanford dropped out or if Stanford dropped out because Cornell was going to win remains unclear. Around the same time as Stanford's withdrawl, Atlantic Philanthropies founder and Cornell alum Charles Feeney had donated $350 million (at the time, anonymously) towards his alma matter\u2019s efforts.\u201CIt\u2019s certainly something that boosted Cornell\u2019s fundraising goals, but it wasn\u2019t the determining factor,\u201D a project spokesperson told&amp;nbsp;ARTINFO. \u201CCornell\u2019s was simply the best proposal, and its plans have been made all the more possible by this large donation.\u201D &amp;nbsp;In addition the high hopes that this campus will produce the next Steve Jobs, or at the very least Bill Gates, Bloomberg also claims the campus will produce $23 billion in economic activity over the next 30 years and $1.4 billion in tax revenue. Construction alone is slated to create 20,000 construction jobs, and, after completion, 8,000 permanent jobs \u2014 not just for Ph.D\u2019s \u2014 to operate it.[content:advertisement-center]"^^<http://www.w3.org/2001/XMLSchema#string>
<http://www.blouinartinfo.com/news/story/754480/move-over-grandpa-cornell-to-transform-sleepy-roosevelt-island>