Illinois is racing to establish itself as a global hub for quantum research and ponying up the big bucks in a quest to beat out other states to become what Illinois Gov. J.B. Pritzker has touted as the “Silicon Valley of quantum development.” The stakes are high, the dollar figures going into the tech’s development are dizzying, and for commercial real estate, it could be the next big thing, akin to the semiconductor, life sciences and data center booms. Another salient point: Remote work is not an option in the quantum industry, meaning built-out spaces should remain stable for years.
The state’s push to lead the way on quantum research kicked into full gear when state leaders unveiled plans for a massive quantum campus on the site of the former U.S. Steel South Works site in South Chicago in late July. The Illinois Quantum and Microelectronics Park aims to be… Read the full story here. |