The Center for Sustainable Global Enterprise at the Samuel Curtis Johnson Graduate School of Management at Cornell University has announced it will work with New York Wheel, LLC, to ensure the newly proposed icon to be built on Staten Island becomes a mechanism for showcasing innovative approaches for addressing the world’s most pressing social and environmental problems.
The New York Wheel, which will be built on the northeastern side of Staten Island, will offer city residents and tourists unrivaled views of the Lower and Midtown Manhattan skylines, the Statue of Liberty, Brooklyn, and the New York Harbor. At 630 feet, or 60 stories, it will be the world’s tallest observation wheel.
The New York Wheel will feature a large Terminal building with exhibitions about New York City history, alternative energy, and environmental sustainability. The site will also include significant open green space. Showcasing cutting-edge technologies in the built environment, the entire facility will be designed to achieve Platinum LEED certification, the highest rating of sustainable building today.
“Given its knowledge and experience, the Center for Sustainable Global Enterprise at Johnson is an ideal partner for us to ensure we successfully communicate the critical role the private sector can play in addressing society’s sustainability concerns,” said Rich Marin, AB ’75, MBA ’76, president and CEO of New York Wheel, LLC.
The center’s objective is to use informative, interactive multi-media exhibits to deepen the general public’s understanding about a range of topics, including green building and design, social entrepreneurship, impact investing, next-generation green materials, low- and no-carbon energy technologies, geo-engineering, and the green collar economy.
“This is a unique opportunity to influence and inspire how millions of people view the role of the private sector and sustainability,” said Mark Milstein the director of the Center for Sustainable Global Enterprise. “In particular, we will seek to highlight the growing influence that entrepreneurship, innovation and technology commercialization is having on efforts to solve some of our most pressing problems – including poverty, climate change, and ecosystem degradation.”
“This collaboration will further extend Cornell’s growing presence in New York City in a way that is complementary to the NYC Tech Campus where sustainability-related innovation and entrepreneurship will be a key element of the program,” said Soumitra Dutta, the Anne and Elmer Lindseth Dean of Johnson at Cornell University. “We look forward to leveraging our involvement in ways that will continue to enhance Johnson’s research, teaching, and outreach capabilities in this critical area.”
The New York Wheel is part of the City’s greater urban waterfront renewal effort. Construction is expected to begin in early 2014, with a grand opening scheduled for around New Year’s Eve 2015.
About the Center for Sustainable Global Enterprise
Established in 2003, Johnson’s Center for Sustainable Global Enterprise is a world-class academic institution, producing and disseminating relevant knowledge for managers seeking innovative, profitable business opportunities that address global sustainability challenges. The Center works with firms to specify innovative, entrepreneurial, and new business alternatives they can implement in the marketplace. Our programs include those focused on market and enterprise creation (particularly in low income communities), clean technology commercialization and innovation, and finance + sustainability.
About Johnson at Cornell University
Founded in 1946, Johnson at Cornell University offers both a two-year and accelerated Masters of Business Administration program, as well as two executive MBA programs designed for mid-career professionals. Johnson also offers dual degree and certificate programs with law, industrial and labor relations, engineering, medicine, health administration and real estate. With 52 full-time tenured and tenure track faculty, 20 regular non-tenure track complemented by adjunct, Emeritus or visiting academics—many of whom come to Cornell from successful careers in the business world—the school offers superb instruction using a collaborative, immersive approach in which students apply what they learn to business challenges at real companies.