{"id":1004346527,"date":"2019-08-19T04:42:27","date_gmt":"2019-08-19T12:42:27","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004346527"},"modified":"2019-08-22T02:58:57","modified_gmt":"2019-08-22T10:58:57","slug":"manhattan-tech-training-hub-breaks-ground","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/manhattan-tech-training-hub-breaks-ground\/","title":{"rendered":"$250M Manhattan Tech Hub Breaks Ground"},"content":{"rendered":"
\"Union<\/a>

Union Square Tech Training Center. Image courtesy of Davis Brody Bond<\/em><\/p><\/div>\n

The New York City Economic Development Corp. and RAL Development Services has broken ground on an expansive tech center in Union Square. The 240,000-square-foot building is expected to be completed next year.<\/p>\n

Located at 124 E. 14th St., the Union Square Tech Training Center is the result of the local community working alongside the city\u2019s administration and the tech industry to create a resource that can bolster the tech talent in New York City. The plans for this $250 million tech hub<\/a> was first revealed in February 2017.<\/p>\n

The 21-story building, designed by David Brody Bond, will feature collaborative workspaces, market-rate space for established companies, and offices that offer flexible or affordable leases for start-ups or growing companies. The tech center will also carve out a floor dedicated to community space and a food hall\/retail space that will showcase small businesses or new entrepreneurs.<\/p>\n

True to its name, the Union Square Tech Training Center will also offer a training space for digital skills. Civic Hall @ Union Square Center will be anchoring the project and offering classes for in-demand tech skills. The city expects the center to create at least 550 permanent jobs, more than 600 construction jobs and to develop a talent pipeline for the city\u2019s tech industry.<\/p>\n

The development is the city\u2019s answer to a continued surge of tech companies and jobs. According to the city, the tech sector reached a record-high of 128,6000 jobs in the city in 2016. The number of tech firms in the city also increased to 7,600, or 23 percent greater than in 2010.<\/p>\n

Funding the future<\/h2>\n

The city and Rivera also created an oversight committee that will guide the tech center\u2019s operations and determine what to do with an annual $200,000 investment designated for scholarships and grants.<\/p>\n

The Tech Training Advisory Board \u2018s scholarship funds are expected to go to low-income students and also expand training for non-profits so they can utilize the center. The board consists of local organizations, a representative from Civic Hall, a software developer who lives in the neighborhood, and RAL.<\/p>\n","protected":false},"excerpt":{"rendered":"

The new facility in the city\u2019s Union Square neighborhood will feature collaborative workspaces, market-rate space, flexible leases and tech training courses.<\/p>\n","protected":false},"author":883,"featured_media":1004346530,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21782,21808,1600,21742,10,21747],"tags":[33154,46727],"class_list":["post-1004346527","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-development","category-featured","category-new-york","category-latest","category-northeast","category-office","tag-new-york-city-economic-development-corporation","tag-ral-development-services"],"acf":[],"yoast_head":"\n$250M Manhattan Tech Hub Breaks Ground - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/manhattan-tech-training-hub-breaks-ground\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"$250M Manhattan Tech Hub Breaks Ground\" \/>\n<meta property=\"og:description\" content=\"The new facility in the city\u2019s Union Square neighborhood will feature collaborative workspaces, market-rate space, flexible leases and tech training courses.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/manhattan-tech-training-hub-breaks-ground\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2019-08-19T12:42:27+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2019-08-22T10:58:57+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/08\/Union-Square-Tech-Training-Center.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"620\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Jackson Chen\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/manhattan-tech-training-hub-breaks-ground\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/manhattan-tech-training-hub-breaks-ground\/\",\"name\":\"$250M Manhattan Tech Hub Breaks Ground - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/manhattan-tech-training-hub-breaks-ground\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/manhattan-tech-training-hub-breaks-ground\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/08\/Union-Square-Tech-Training-Center.jpg\",\"datePublished\":\"2019-08-19T12:42:27+00:00\",\"dateModified\":\"2019-08-22T10:58:57+00:00\",\"author\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/8d4607aca26f3427c49fe54ddc82ddf1\"},\"breadcrumb\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/manhattan-tech-training-hub-breaks-ground\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.commercialsearch.com\/news\/manhattan-tech-training-hub-breaks-ground\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/manhattan-tech-training-hub-breaks-ground\/#primaryimage\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/08\/Union-Square-Tech-Training-Center.jpg\",\"contentUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/08\/Union-Square-Tech-Training-Center.jpg\",\"width\":800,\"height\":620,\"caption\":\"Union Square Tech Training Center. 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