Cornell NYC Tech, a new graduate school through Cornell University, is one step closer to building its new 12-acre applied sciences campus on New York City’s Roosevelt Island.

The City Planning Commission just approved the university’s campus plans. Now, according to Cornell’s blog, the plan just needs final approval from the City Council.

Cornell Tech, a new program that currently offers a one-year Masters of Engineering degree in Computer Science, intends to expand its graduate degree offerings with the new campus. The program currently operates out of the Chelsea neighborhood of Manhattan, in space donated by Google. But it has grand ideas for its new campus.

If all goes according to plan, Cornell Tech will break ground early next year. It expects to open Phase 1 of the new campus in 2017, which will include academic and residential buildings as well as “co-location” buildings to be leased by startup companies and other organizations. The project won’t be fully completed until 2037, at which point the campus will consist of more than 2 million square feet of academic, residential, and corporate research and development space.

At that point, more than 2,000 graduate students, faculty and staff will work at the campus. The site on Roosevelt Island, which is in New York’s East River, will be a model of environmental sustainability, “creating a one-of-a-kind technical campus in harmony with its surroundings,” according to the Cornell Tech website.

The Cornell Tech program offers an academic experience designed around interaction with partner organizations as well as leaders in the New York technology scene. The curriculum incorporates technical classes, business classes and experiential practicums designed to give students “broad, first-hand understanding and experience to be successful in the business world.”

The graduate school of applied sciences also has announced a planned Technion-Cornell Innovation Institute dual-degree program that will offer a Master of Science degree in Information Systems with a specialization in Connective Media. This will be a two-year program that includes completion of an industrial project for a partner organization instead of a traditional research thesis.

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