New York City's next big development will be a 700,000-square-foot, three-building complex that's designed to draw life sciences researchers and students to the Big Apple, the New York Times reports.
The project, called Science Park and Research Campus Kips Bay, is being developed by the city's Economic Development Corporation in partnership with the City University of New York and Hunter College.
The complex will include a new public high school, a new health and science career-focused school, and education buildings for three CUNY colleges, YIMBY reports.
"After a highly competitive RFP process, we are thrilled to have chosen the design experts at Ennead Architects and Dattner Architects to deliver a unique and generational campus and innovation ecosystem for the city," says NYCEDC President and CEO Andrew Kimball.
Ennead will design the education buildings, while Dattner will design the public high school.
The development is expected to bring an estimated $42 billion to the city's economy over the next 30 years. Read the Entire Article
A customized collection of grant news from foundations and the federal government from around the Web.
CEO of the Community Development Financial Institution (CDFI) Nonprofit Finance Fund and impact investment book author, Antony Bugg-Levine, explains the role of how philanthropy serves as a catalyst in impact investments.