Content related to ‘Economic-Development’

NYC Getting Linked In During 2015

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By the end of 2015, the first installations of New York City’s LinkNYC initiative is expected to be operational. LinkNYC is a mobile communications network that will bring the municipal Wi-Fi to millions throughout the city’s five boroughs, once the envisioned 10,000 kiosks (“Links”) are put in place. The networks is aimed at replacing New York City pay phones with 10,000 Links, over the next eight years. Each Link will provide free services such as Internet access and phone calls. The structures will also feature tactile key pads and braille lettering, USB charging ports, and 911 and 311 calling. A free service to users, the system will be funded through advertising revenue. LinkNYC is being provided by CityBridge, LLC in accordance with the terms of a franchise agreement granted by the City of New York in December 2014. The city’s Franchise and Concession Review Committee unanimously approved a non-exclusive franchise agreement that authorizes CityBridge to install, operate and maintain public communications structures. In November 2014, CityBridge was selected by the city through a competitive request for proposals (RFP) process. Click to enlarge (credit: Intersection) In June 2015 Google CEO, Larry Page, announced an incubator for city technology entitled Sidewalk Labs. The company, with a group of other investors, then acquired intersection (a merged firm made up of Control Group and Yitan). The LinkNYC project continues through a joint venture (CityBridge), which includes Intersection, Qualcomm and Comark. The proposed Link structures were designed by award-winning Antenna Design team Masamichi Udagawa and Sigi Moeslinger to complement and enhance the New York landscape. CityBridge has committed to establishing a facility for local production and repair in New York City, ensuring that the sleek, durable aluminum structures will be manufactured and assembled within the five boroughs. The LinkNYC program is expected to create 100 to 150 new full-time jobs in manufacturing, technology and advertising, as well as an estimated 650 support jobs. Other posts by Anne Cosgrove NOTE:This is a summary of a post found on Real Street Tech | The Smart Place For CRE.Parts of it may be missing. View the full original article at:

Create Premium Disrupts How Cities Market, Investors Evaluate Real Estate

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Credit: Create, Inc. (Create), a new interactive technology platform, is helping cities enhance their economic development competitiveness. Create Premium, the second release, launched earlier this month: Primary users include investors, brokers, and site selectors. Create is a property mapping platform for real estate and economic development that organizes data and provides analytical tools in an immersive 3D environment. This “smart city” technology streamlines property analysis, enabling users to quickly research, investigate and evaluate sites for development potential and economic impact. The pilot program launched in Washington, DC earlier this year, using open data generated from local and federal government agencies. “Our technology gives investors and brokers the capacity to rapidly visualize all the factors influencing properties they are considering for acquisition, including those offered through public RFPs, and to evaluate the development impact, even how it relates to the street, adjacent properties and parcels,” said Stefan Martinovic, CEO/Founder, The Premium release offers enhanced functionality including the ability to export market research and data sets from sources such as Trepp that users can share with stakeholders. Trepp is the leading provider of information, analytics and technology to the CMBS, commercial real estate and banking markets. Create is an invaluable tool for cities marketing sites. The Washington DC Economic Partnership (WDCEP), one of Create’s economic development clients, used Create technology to market sites at ICSC RECon 2015. “Create provided us a vibrant platform to showcase sites to retailers and investors and, demonstrate what is feasible at a given site,” said Chad Shuskey, Senior VP, Research & Visual Communications, WDCEP. WDCEP’s research team integrated Create with their own data and mapping platform. “It was particularly helpful to DC team members marketing several large scale redevelopment projects across the city. Being able to illustrate what is conceivable on a site sends a very powerful message to investors you are courting.” Create Premium adds value in real estate and site selection. Cities can feature sites as part of the site selection process, brokers and site selectors will be better equipped to find the best deals for clients. “Create is a disruptive… NOTE:This is a summary of a post found on Real Street Tech | The Smart Place For CRE.Parts of it may be missing. View the full original article at: