“Today, at the exact geographic center of Silicon Valley, once home to the headquarters of Intel-rival chipmaker AMD, you’ll find a drab storage facility. Which is to say, the Valley isn’t exactly what it used to be. Northern California may still be the obligatory home for hopeful tech startups, but the relationship between those companies and the region increasingly seems like just that: an obligation. On the other side of the country, however, a new cluster of tech activity is taking shape, showing some of the momentum its West coast Counterpart had decades ago. Pockets in Downtown Brooklyn, the Dumbo neighborhood to the North and the Navy Yard to the East, are already home to some 500 tech and creative companies, with demand for space expected to double by 2015.”
[Wired]
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