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Cornell University has been chosen by New York City to build a technology campus on Roosevelt Island with a grant of city-owned land and $100 million.

The campus Cornell proposed will occupy 2.1 million square feet, accommodate up to 2,500 students and cost more than $2 billion to build. A $350 million gift from an anonymous donor, the largest in Cornell’s history, will help foot the bill.

Other schools that expressed interest in New York City’s tech campus offer include Columbia University, Carnegie Mellon, and a consortium led by New York University and Stanford, which dropped its bid Friday. But Cornell, an anonymous source told The New York Times, has been the school of choice for a while. And it might not be the last.

To read the full, original article click on this link: Cornell Wins Bid for New York City Tech Campus