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Kiernan Plaza

Smart Cities Technology Hub to Open in New York

Kiernan PlazaThe SUNY College of Nanoscale Science and Engineering (CNSE) has acquired the landmark Kiernan Plaza in downtown Albany, NY, in a bid to create a hub for smart cities technology companies.

The $30-million CNSE-led initiative, identified as a priority project by Gov. Andrew M. Cuomo’s Capital Region Economic Development Council (CREDC), will position New York as a global leader in this high-tech industry, Cuomo says.

The new Smart Cities Technology Innovation Center (SCiTI) will house research, education and workforce training for emerging technologies including smart devices, sensors and computer chips, integrated systems, and operating software that collect and analyze data for monitoring highway conditions and improving traffic flow; protect vital infrastructure, such as bridges, data centers and utility installations; safeguard facilities, including wastewater treatment plants; and provide e-safety security in educational settings.

CNSE was awarded $4 million as a part of Cuomo’s Regional Council initiative to support the purchase. The SCiTI will leverage the CREDC funding to generate an additional $26 million in private sector support, leading to the creation of 250 high-tech jobs in downtown Albany.

CNSE will initially partner with smart systems and clean energy engineering firm CHA, formerly known as Clough Harbour & Associates, which will locate its corporate headquarters and leadership team at Kiernan Plaza.

Additionally, CNSE will collaborate with Trinity Alliance of the Capital Region and Girls Inc. of the Greater Capital Region to develop and deliver joint nanotechnology education and workforce training programs.

The 113-year-old Kiernan Plaza building (pictured) at 575 Broadway in Albany, which once served as the city’s Union Station for train transportation, has been vacant since 2009.

IBM and Cisco are the top smart city suppliers, positioned to become global leaders in the market, according to a report published last month by Navigant Research. The firm forecasts that the global smart city technology market will grow from $6.1 billion in annual revenue in 2012 to $20.2 billion by 2020.

Photo Credit: Jason Paris via Flickr

 

 

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