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NYC Tech Campus RFP, July 2011

NYC Tech Campus RFP, July 2011

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Published by AYReport
NYC Tech Campus RFP, July 2011
NYC Tech Campus RFP, July 2011

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Published by: AYReport on Jun 25, 2013
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Applied Sciences Facility in New York City
REQUEST FOR PROPOSALS
Release Date:
Tuesday, July 19, 2011
Submission Date:
Friday, October 28, 2011
 
 T
HE
C
ITY OF
 N
EW
Y
OR
 
O
FFICE OF THE
M
AYOR 
  N
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OR
,
 
 NY
 
10007
July 2011Dear Friends:I am pleased to join my Administration’s economic development team in issuing our formal Request for Proposal (RFP) for an applied sciences campus in New York City.The responses to our Requests for Expressions of Interest were outstanding, and thefeedback we received helped to shape the contents of this RFP. We received 18 proposals from27 institutions around the world, all of which recognize this unique opportunity to partner with New York City on building and sustaining an elite applied sciences institution. New York isalready home to the best science and technology workforce in the world. This project will be anengine of growth, spurring private investment and attracting even more talent and capital to our research and development community.Investing in science and technology is critically important to our City’s continuedeconomic vitality. New York has always been the destination of choice for innovators and pioneers from around the world, and our City is taking decisive action to ensure that suchinnovation remains at the core of our increasingly diverse economy. We appreciate your interest,and we look forward to reading your proposal for establishing your institution here in the world’sgreatest city.Sincerely,Michael R. BloombergMayor 
 
 1
EXECUTIVE SUMMARY
 Following the strong response to a Request for Expressions of Interest issued in December 2010(the “RFEI”), New York City Economic Development Corporation (“NYCEDC”) is now issuing thisRequest for Proposals (this “RFP”), offering a unique opportunity either to develop a new appliedsciences academic and research facility and campus or to materially expand existing facilities inthe City of New York (the “City”). To maintain its economic diversity and remain competitive in the21
st
Century economy, the City must expand its applied sciences capabilities, and as a globalbusiness and academic capital with more than 626,000 post-secondary students, it is poised todo so.For a university or other degree-granting entity (each, an “Institution”) with academic and/or research programs in the applied sciences, this RFP provides an unparalleled opportunity todevelop (or expand) and operate a premier, state-of-the-art research facility and campus in one of the most dynamic academic, cultural and business environments in the world.NYCEDC is seeking an Institution, individually or jointly with one or more other Institutions and/or one or more other organizations, to build and operate a new applied sciences academic andresearch facility or to materially expand and operate existing applied sciences facilities in the City(the “Project”). NYCEDC is seeking proposals (each, a “Proposal”) for a Project that prioritizesthose fields in the applied sciences that lend themselves to commercialization, which will result in job growth in the City. Joint ventures and consortia proposals are welcome.It is anticipated that the Project may be built in phases with a discrete first phase (the “FirstPhase”) serving as a catalyst for the completion of all subsequent phases (“Full Build”). Acompetitive response to this RFP must accomplish the following goals (the “Project Goals”):
x
Create a world-class applied sciences academic and research facility;
x
Develop research that will lead to the formation and expansion of companies in the Cityand the attraction of companies to the City, in industries that demonstrate the mostpotential for growth;
x
Create construction and permanent jobs and generate tax revenue in the City;
x
Develop a financially self-sustaining campus;
x
Contribute to diversifying the City’s economy by expanding its applied sciences sector;and
x
Become an integral part of the fabric of the City, connecting with both local and City-wideresidents through programming and employment opportunities. As one of the world’s largest and most diverse economies, the City has numerous potentialbenefits to offer Institutions developing the Project, including:
x
Access to the world’s top talent, including over 700,000 tech workers,
x
Membership in a vibrant, collaborative research culture in one of the most diversecommunities in the world,
x
Proximity to international financial markets and investors, and
x
A rapidly growing innovation economy with an unparalleled core of 100 academic andresearch institutions.In addition, the City proposes to make a significant contribution to the Project in the form of capital funds, development sites and other support.Each respondent to this RFP, either an individual or a team, is referred to herein as a“Respondent”. The Respondent ultimately selected to undertake the Project is referred to hereinas the “Developer”.

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