Projects
Why is Cornell involved in real estate development?
The University sponsors real estate development projects in furtherance of its educational objectives. These include:
- Providing academic and educational support space
- Acquiring and protecting lands needed for current and future educational needs
- Keeping Ithaca a great place to live by providing quality jobs, tax revenues, strengthening its economic base and taking a lead role in rational land use planning
- Promoting the commercialization of Cornell technology
- Contributing to the University's financial strength
A strong, vibrant Ithaca is very important to Cornell as it:
- Competes in attracting students
- Competes in recruiting and retaining faculty and staff
- Maintains a strong and happy workforce
- Encourages alumni to visit and develop strong ties to Ithaca and Cornell
- Promotes the general reputation of the University
Cornell is proud to have played important roles in many major, local real estate projects.