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JP Morgan to build tech center near Dome

By Hope Morley
Posted: 12/7/07, 2:02 AM EST Section: News
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JPMorgan Chase announced it will be building a new technology center on familiar territory: behind the Carrier Dome.

"We chose to work with SU because we were impressed with Nancy Cantor's 'Scholarship in Action' program and her focus on an interdisciplinary curriculum," said Andrea Singer, a member of the JPMorgan leadership team that worked with the university. "We had similar goals."

The company formed a bond with the university during the summer with a $30 million investment in Syracuse University programs.

The JPMorgan Chase Technology Center is planned to be a 200,000-square-foot building that will be constructed on a current Dome parking lot, across the street from Sadler Hall. Construction is scheduled to begin late next year, but the center is still in the planning stages.

"We are excited to have finally finalized a site. We just kicked off the project team and have yet to contract an architect," Singer said.

A building of this scale could take anywhere from 18 months to two years to complete, said Chris Danek of the Office of Campus Planning, Design and Construction. The project is managed by JPMorgan, but SU will be involved in construction as well.

The cost of the construction is yet to be determined.

Dome patrons should not fear, as the eliminated parking lot will likely be supplemented with a garage adjacent to the technology center, Danek said.

The specific focus of the new center is not finalized, but Singer said it will focus on large-scale computing and finances. She said they hope to create a center based on experiential learning opportunities for both students and current JPMorgan employees.

"Our goal is a better trained entry-level workforce," Singer said. "This partnership will allow for enhanced internship opportunities for students."

The company hopes to have open dialogues along with joint projects between the university and the center. The plan is to offer student internships while working with professors to create an interdisciplinary curriculum. The company coined the term "Technology in Action," which it considers a natural extension of Cantor's catchphrase.
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