The Big Apple preps for tech hub

In a move that could attract more tech start-ups, New York City will be the home to one of the newest innovation labs.



The 250,000-sq.-ft. “Union Square Tech Hub,” which was announced in December, will include 58,000 sq. ft. of “fluid space” for startups, and a 36,500 sq.-ft. tech training center, reported TechCrunch.



As the name suggests, the innovation center will reside in the city’s Union Square section. The building’s anchor tenant will be Civic Hall, a collaboration center dedicated to civic innovators.



Construction is set to begin in 2018, and doors are expected to open for business in 2020, according to TechCrunch.



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