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Updated 4 months ago on . Most recent reply

User Stats

483
Posts
234
Votes
Sanjeev Advani
  • Investor
  • Bakersfield, CA
234
Votes |
483
Posts

Chicago’s South Side Quantum Computing Campus in the Works

Sanjeev Advani
  • Investor
  • Bakersfield, CA
Posted

Chicago’s South Side is set to become a hub for quantum computing, with Related Midwest proposing a quantum campus on the former U.S. Steel site. The plan spans over 59 million square feet, anchored by PsiQuantum, a leading quantum tech company. This development promises to accelerate breakthroughs in computing, medicine, and more.

PsiQuantum could benefit from $200 million in state incentives as long as they create 154 jobs and invest $1.1 billion into the project. With Governor J.B. Pritzker's push for Illinois to lead in emerging technology, this campus could revitalize both the economy and surrounding neighborhoods. The first building will be a 458,018-square-foot facility with space for quantum computing and cryogenic equipment. Though the timeline for the project remains uncertain, the vision is clear: Chicago is poised to lead the future of technology.

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