Google Inc. (GOOG:US) will donate space to Cornell University and the Technion-Israel Institute of Technology for an engineering school in New York City while the institutions’ Roosevelt Island campus is under development, Mayor Michael Bloomberg said.
Google, owner of the world’s biggest Internet search engine, will allocate 22,000 square feet at its New York offices for 5 1/2 years or until completion of the CornellNYC Tech campus, Bloomberg said today in a statement. Cornell will be able to expand to 58,000 square feet over three years, according to the statement.
The more than $2 billion engineering and applied-sciences school, a Bloomberg initiative, will serve more than 2,000 students with 280 faculty members on city-owned land. The mayor is seeking to lure more high-tech jobs to New York City, so it can compete with California’s Silicon Valley, the home of Google.
“Technology continues to do more to transform lives and improve lives,” Larry Page, chief executive officer of Mountain View, California-based Google, said at the company’s New York offices, located at 76 Ninth Avenue. “Imagine if we could double that number of people dedicated to changing and improving the world through technology.”
The NYC Tech Campus is intended to bolster job creation in the city and may generate 600 spinoff companies and $23 billion in economic activity over the next three decades, Bloomberg said in December. Daniel P. Huttenlocher, a computer science professor at Ithaca, New York-based Cornell, was named as founding dean of NYCTech in February.
New York is providing $100 million in infrastructure improvements. The schools intend to hold the first classes later this year.
Cornell President David Skorton said today the campus will start with a “relatively small number of students and faculty from Ithaca,” with the first class of students who will matriculate through the campus entering in 2013.
Instruction will be divided into three interdisciplinary sections, one for green design, one for Internet, information and computers and one for bioscience and health, Skorton said.
Cornell and Haifa, Israel-based Technion beat out six other bids, including one from Stanford University, based near Palo Alto, California.
The mayor is founder and majority owner of Bloomberg News parent Bloomberg LP.
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