At least five universities have submitted their bids to the city of New York for a chance to build a world-class research campus within the city limits. The bids, which were due last Friday (October 28), heed to mayor Michael Bloomberg’s call in July for an institution to build a science and technology research facility that would make New York City a fertile ground for high-tech start-ups and business ventures. The city will contribute $100 million in infrastructure to the selected university, plus land on Governor’s Island, Roosevelt Island, downtown Brooklyn, or the Brooklyn Navy Yard.
The five schools that have publicly announced their bidding are Cornell University, Columbia University, New York University, Stanford University, and Carnegie Mellon University, ScienceInsider reports. The proposals will be reviewed by the New York City Economic Development Corporation, after which Mayor Bloomberg will announce the winner early in 2012.