Make New York's FiDi the World Capital for Urban Solutions.

Cities are under pressure from every side. Nearly all population growth through 2050 will be urban, straining housing, mobility, energy, water and everything else that makes dense places work.

It could cut outages on grids, in buildings and in traffic by up to half, but it can also fail at city scale and create new risks.

For some cities and people the threat is existential, and policy is not keeping pace: COP commitments have not closed the gap between climate goals and action, and U.S. policy reversals have widened it.

cooling, EVs and data centres are already overloading city grids, and data-centre demand will more than double by 2030.

Invent.City is a four-part initiative to turn these pressures into investment. It intends to use NYC's FiDi, including its underutilized assets, to get critical solutions sold and deployed in cities worldwide. Four components to the initiative:

For New York: 13,173 jobs, $2.4B a year in direct economic activity, $219M in taxes and fees, and $71M in recurring real-estate revenue. Empty floors, back to work.

2. STRATEGY

Create a Trade Mart. Spark a Cluster. Seed a Model City.

Events lay the foundation for the Trade Mart, Economic Cluster and Model City. They bring city buyers, solution providers, investors and institutions together around real demand, measurable value and investable projects. Those relationships and transactions turn urgent urban problems into an economic opportunity and build momentum for the three larger components.

Next, quantify the stakes. Swiss Re Institute projects the climate crisis could cut global GDP about 14% by 2050, or $23T a year. In Invent.City's model, the products that answer it are a $43.3T market: the global urban solutions market. Both figures exceed the projected 2050 GDP of California, Texas, or New York City. The base assumption is that Invent.City could help NYC attract much of the global urban expansion.

2050 lower and upper scenario ranges for climate-related GDP loss, the global AI market, and regional GDP in trillions of US dollars per year

Forces shaping future city demand

Cities are a huge and growing market. They are also complicated, with significant requirements across many industries. Invent.City is organized by the forces that drive demand and the industries that meet it. Five forces shape what cities buy: the climate crisis, AI and automation, urban growth, aging infrastructure, and the energy transition. Geopolitics, including China's rise, adds pressure.

CLIMATE
CRISIS
ENERGY +
RESOURCES
TECHNOLOGY +
INFRASTRUCTURE
PEOPLE +
SOCIETY
ECONOMY +
GEOPOLITICS

CES and other trade shows bring buyers and sellers together for a few days; a Trade Mart makes that market permanent. Invent.City proposes a year-round B2B Trade Mart in FiDi, where city buyers can see working systems, compare competing vendors, meet suppliers, and move from demonstration to financing and purchase. The idea builds on significant global precedent: permanent marts and showroom districts around the world show how co-location turns scattered sellers and buyers into a durable market.

Buyers and sellers meeting in permanent showrooms

RAI

Amsterdam / Brussels
RAI in Amsterdam / Brussels

Chelsea Harbour

London
Chelsea Harbour in London

The Mart

Chicago
The Mart in Chicago

World Trade Mart

Dallas / Austin
World Trade Mart in Dallas / Austin

PDC

Los Angeles
PDC in Los Angeles

World Trade Centre

Dubai
World Trade Centre in Dubai

Hannover Messe

Hanover
Hannover Messe in Hanover

Americas Mart

Atlanta
Americas Mart in Atlanta

Location, location, location, FiDi is arguably the best location for a marketing engine focused on cities. It brings New York's buyers together with a global stage in finance, media and technology. It also has empty floors: Cushman & Wakefield counted 10.7 million square feet of in Q2 2026. The Trade Mart turns that space into showrooms, offices and venues.

FIDI ADVANTAGE

Transit

Subway + ferry
Transit connectivity map
FIDI ADVANTAGE

Open Space

Space ready
Vacancy heatmap
FIDI ADVANTAGE

Blue Highway

Water + air links
FIDI ADVANTAGE

Institutions

Civic + culture
FIDI ADVANTAGE

Flood Defense

Flood work
Lower Manhattan Coastal Resilience map
FIDI ADVANTAGE

Global Reach

Wall to harbor
FiDi identity graphic

Experiential showrooms in the Trade Mart

The Trade Mart will comprise immersive showrooms for each of the twelve industries. City teams operate, test, and compare complete urban systems under real conditions — a working district, not a convention hall. A showroom demonstrates a system; a living lab tests it in the street. This capability will be critical for the uses and risks of AI in cities.

Expanding on the Trade Mart model, Invent.City will extend and deepen the marketing efforts. Trade shows and virtual events reach new buyers; repeated demonstrations and follow-through build customer relationships.

Virtual trade shows extending the Trade Mart worldwide
Promoting urban innovation to the world
Trade shows expanding market reach and deepening customer relationships

FiDi's 10.7 million vacant square feet are the strategic asset. Residential works only where floorplates, light and economics align. Invent.City takes the buildings that cannot convert. Housing alone does not make an economic district. Phase one opens what earns first and expands where demand follows. Leases, sponsorships and events fund the next.

FIDI IS ALREADY MOVING FORWARD

Current Initiatives

Many Opportunities

New York is already building here: Blue Highway, the FiDi Micro Hub, curb management, subway thermal energy, commercial waste zones and coastal resilience.

That strengthens Invent.City’s strategy by providing active public partners, real infrastructure, and visible projects that can become demonstrations, attract companies, and accelerate investment instead of starting from scratch.

NYC already has in FiDi underway.

  • Thermal Energy Network — Captures and redistributes excess subway heat.
  • Microhub — Transfers freight to cargo bikes and small electric vehicles.
  • Blue Highway-Pier 6 — Links marine freight to low-emission last-mile delivery.
  • LMCR — Combines flood protection, drainage, infrastructure, and public space.

In contrast to a rigid urban plan like many future cities like NEOM or Telosa, Invent.City is flexible to respond to asset and market conditions. In that sense, it is much more using the approach used in Curitiba, Brazil. The Trade Mart fills FiDi’s vacant space with solutions cities can see, compare, finance, and buy. That permanent market pulls in companies, talent, research, and capital — an economic cluster. The cluster outgrows the showrooms and reshapes the district itself. But the cluster can evolve as the portfolio of vacant space changes.

A showroom displays a product. A model city shows the whole system: clean energy, water recycling, rooftop food, microhubs and new mobility running together in FiDi. City leaders see, test and buy before deploying at home, then reorder through the Mart’s online marketplace.

FIDI: A WORKING SHOWCASE
Transport Buildings Power Waste Agriculture Consumer Energy Water Wastewater AI Robotics Logistics

The value doesn’t stop at the showroom door. The Mart puts tenants, buyers and visitors on the same blocks every week, bringing back foot traffic lost when offices emptied. It pays for better streets and cleaner sidewalks. Reclaiming the Streets → Vision Zero Reimagined →

3. TACTICS

Build the Market Now. Build Out the District Next.

Invent.City brings buyers, suppliers and investors together around , and . Building on TransTrans with the Manhattan Chamber of Commerce and Cargo Wars, roundtables turn ideas into pilots and deals before the Mart opens. Every session is published.

Forces shaping the city

A Future City exhibit shows two versions of 2100. In the city, climate action and accountable AI make life safer. In the city, delay, extreme heat and unsupervised AI overwhelm public control. New York, Lagos and London show both.

Current urban conditions
Current
A utopian urban future
Utopian
A dystopian urban future
Dystopian

At full build, the Trade Mart occupies 1 MSF and draws 2 MSF of supporting offices: 3 MSF in all, over a quarter of FiDi’s vacancy. It is not bought at once. Real-estate debt, sponsorship, venture and private equity, and civic tools each fund the phase they fit.

Funding Tier Capital Source Target Allocation Primary Use Cases
Phase I: Pre-Development & Site Selection Public-Private Grants, Anchor VC, Sponsor Equity $50M – $100M Master planning, digital twin software, initial lease commitments, regulatory approvals.
Phase II: Real Estate & Buildout (FiDi Mart) Commercial Real Estate Debt, PILOT / IDA Bonds, Con Edison / NYSERDA Incentives $500M – $1.2B Commercial lease acquisitions, physical infrastructure (microgrid, water systems loop, street labs).
Phase III: Showroom & Sub-Market Expansion Corporate Anchor Tenant Capital, Vendor Fit-Out Financing $300M – $500M Immersive sector room buildouts (AI, Energy, Transport, Robotics, Water).
Phase IV: Global Project Fund (Invent.City Capital) Infrastructure Funds, Green Bonds, Sovereign Wealth $1.0B+ Deployment Pipeline Direct project financing for cities purchasing turnkey urban solutions from showroom vendors.

Four proposed channels support Invent.City: showroom leases and sponsorships, conditional public incentives, project placement fees, and events and digital subscriptions. A related sidecar fund invests in participating companies.

Near-Term (Months 0–12):

Secure seed funding from anchor real-estate partners and non-binding letters of intent from 20–30 founding vendors.

Medium-Term (Months 12–36):

Finalize NYC incentives (IDA/PILOT), explore bond financing through NYC IDA or Build NYC, and sign anchor leases in Lower Manhattan.

Long-Term (Months 36+):

Launch the project-finance marketplace linking cities that buy in the Mart with infrastructure funds.

Pilots stall because nobody funds the step after them. Invent.City opens four places to invest: the initiative, the buildings, a single showroom, or projects buyers have already committed to. The money goes where demand is proven.

Cities are the buyer, the regulator and the problem owner at once. Invent.City engages all three, at city, state, federal and international levels. No other partner is all three.

Evidence and access come from groups already in the field. Invent.City partners with and that identify needs, document what’s failing and convene the residents these systems serve.

The Mart needs its suppliers in the room first. Invent.City recruits the companies that design, build, finance and operate : the sell side of the market. Founding partners bring products, delivery capacity and the credibility that draws the rest.

Every showroom needs something new in it next year. Incubators and accelerators are where that comes from — a global network already selecting, funding, and testing the companies the Mart will host. Invent.City connects to that pipeline rather than rebuilding it.

World map of city locations
100%

Invent.City is scoring FiDi buildings and public spaces on visibility, access, flexibility, cost, ownership readiness and event capacity. A three-stage sorts each property into an anchor, cluster, flex or pop-up tier. The portfolio flexes with FiDi’s market.

FiDi Venue
4. BENEFITS

Cities Get Solutions. New York Gets a New Economic Engine.

Benefits of Invent.City for cities worldwide and New York City
Attract to NYC diagram
Cross the Chasm diagram
Value Chain diagram
Value diagram
Base-case annual public revenue reconciliation Amount
Tourism taxes and feesFrom 4.1, excluding tourism PIT $ 86,751,875
Trade Mart modeled public revenueFrom 4.2, including payroll-related and sales taxes $ 132,569,719
Gross recurring NYC real-estate revenue capacityFrom 4.3; gross capacity, not net incremental revenue $ 70,675,722
Combined modeled public revenue and gross capacity$ 219,321,594 modeled taxes and fees + $ 70,675,722 gross capacity $ 289,997,316

How these numbers were built

These are planning scenarios, not forecasts. The headline combines three cases: tourism, the Mart and real estate. Tourism models visitor volume, mix, stay, spending, taxability and jobs. The Mart models occupied area, job density, wages, procurement and tax rates.

Real estate models 3 million square feet (1 million direct, 2 million supporting offices): rent, operating costs, capitalization, assessment, tax rates, phase-in and commercial rent tax.

Real-estate capacity is gross, not net: existing assessments, taxes, exemptions, abatements and transitional values are not deducted. Sections 4.1–4.3 show the assumptions, formulas and sources.

700K annual visitors $1.31B annual impact 6,173 supported jobs
Tourism summary Downside Base Upside
Annual visitorsFrom 4.1.2 Details: Table 1, Base assumptions 400,000 700,000 1,000,000
Traveler spending ($/yr)From 4.1.2 Details: Table 2A, Hotel and other traveler spending $379,000,000 $864,500,000 $1,620,000,000
Total economic impact ($/yr)From 4.1.2 Details: Table 2B, Total economic impact $576,080,000 $1,314,040,000 $2,462,400,000
Tourism-supported jobsFrom 4.1.2 Details: Table 3, Tourism-supported jobs 2,706 6,173 11,567
Modeled taxes and fees ($/yr, no PIT)From 4.1.2 Details: Table 4C, Tax totals roll-up $38,518,438 $86,751,875 $160,889,063
Rounded taxes and fees ($/yr, no PIT)From 4.1.2 Details: Table 4C, rounded grand total $38.5M $86.8M $160.9M
Tourism PIT is excluded pending a separate tourism wage-and-residency model. Jobs scale with direct traveler spending using NYC's 2025 spending-to-jobs ratio. Scenarios assume 1.25 guests per occupied room and a 75% taxable share of non-hotel spending.

7,000 on-site jobs $1.2B on-site payroll $1.5B direct activity
Trade Mart summary Base
On-site jobs (1,000 showroom + 6,000 supporting offices)From 4.2.2 Details: Table 1, Jobs based on area 7,000
On-site payroll ($/yr)From 4.2.2 Details: Table 2B, Base-case payroll detail $1,165,000,000
Local procurement ($/yr)From 4.2.2 Details: Table 3, Local procurement $349,500,000
Total direct activity ($/yr)From 4.2.2 Details: Table 4, Direct campus activity $1,514,500,000
Note: Direct activity shown here is kept separate from tourism and real-estate modules to reduce double counting.

The 3 MSF is 1 MSF of Trade Mart plus 2 MSF of supporting offices it draws in. Invent.City proposes taking it in phases, not at once.

3 MSF back to work $1.8B implied asset value $70.7M/yr recurring NYC revenue
Real estate summary Downside Base Upside
Stabilized leased area (sf)From 4.3.2 Details: Table 1, Leasing assumptions 3,000,000 3,000,000 3,000,000
Annual rent ($/yr)From 4.3.2 Details: Tables 1 and 1A, rent total $165,000,000 $165,000,000 $165,000,000
NOI ($/yr)From 4.3.2 Details: Table 2B, Total NOI on 3.0 MSF $102,000,000 $106,860,000 $111,750,000
Illustrative implied value at 6.0% cap ($)From 4.3.2 Details: Table 2C, Implied value from capitalized NOI $1,700,000,000 $1,781,000,000 $1,862,500,000
Modeled recurring NYC revenue capacity ($/yr)From 4.3.2 Details: Table 4C, Total modeled recurring NYC revenue capacity $66,744,900 $70,675,722 $74,303,100
Rounded recurring NYC revenue capacity ($/yr)From 4.3.2 Details: Table 4C, rounded total $66.7M $70.7M $74.3M
Gross capacity is shown separately from modeled taxes and fees because current assessments, existing taxes, exemptions, abatements, and transitional values have not been deducted.

AI

The Climate Crisis

Demographics

The IDCNY Location Lesson

Model City Comparisons

Economic Clusters

Vacant Office Space in FiDi

New York City Initiatives

AI Risks: Cities and NYC

Sources

COP Summits

U.S. Climate Reversals

China: An Industrial Force

Urban Market Components

AI, NYC and Invent.City

Energy Trends

Atmospheric CO₂: Data and Sources

Sea Level

Air Temperature

Population

Developing Markets

EV Take-Up

The Gap

Chasm

Hotspots

Lower Manhattan Residential Conversions

Benefits to FiDi

Urban acupuncture: small pinpricks that change the whole city

Vacant office

Vacant retail

Vacant land

Open space

POPS

Educational

Alleyways

Transit nodes

Utopian — The City That Works

Dystopian — The City That Failed

Prospective International Partners

Prospective NYC Partners

Target Corporate Sectors

Three-Stage Building Selection System

Always On, Everywhere

Pedestrianization Creates Economic Value
FiDi pedestrianization streets

Well-designed pedestrianization can turn streets from transportation corridors into productive economic space—supporting retail, restaurants, events, longer dwell times, and stronger real-estate demand.

The lesson for FiDi: pedestrian streets can function as economic infrastructure—places to demonstrate products, hold markets and events, dine, meet, shop, and spend time rather than simply pass through.

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