When the leaders of the TeleMedia Accelerator approached TTC in 1999, they had a vision of a workplace where energy and innovative ideas naturally emerge, and state-of-the-art design breeds open communication. TTC responded by creating a future-focused “laboratory” environment that encourages a new workplace dynamic.
The unique nature of the TeleMedia Accelerator project created specific design demands. A for-profit enterprise with a civic mission, the TeleMedia Accelerator was created to provide seed funding, space, infrastructure and professional services to accelerate the growth of new companies in broadband content and e-commerce sectors.
It is the first of five planned projects with “public/private” funding started by the New York City Investment Fund, founded by Henry Kravis, and the City University of New York. The space was designed to accommodate more than ten individual organizations with distinct personalities yet compatible needs and culture.