“University of Illinois Shifts Course at The 78”

"University of Illinois Shifts Course at The 78"

The University of Illinois has announced that it will no longer be moving forward with its original plans to construct a $285 million teaching facility for the Discovery Partners Institute (DPI) on The 78 site. DPI was initially intended to be an innovative research center focused on preparing individuals for in-demand jobs and establishing R&D centers.

Instead, the university has decided to split the project into two parts. One part will have a presence at the new quantum technology campus located at the former U.S. Steel plant on Chicago’s Far South Side, while another part will consist of classroom and office space downtown, according to Crain’s report.

This change in direction is due to U of I’s desire to concentrate on advancements in quantum computing, such as their recent announcement about creating an Illinois Quantum & Microelectronics Park. However, this sudden decision leaves Related Midwest’s large development without a main tenant. The DPI building was originally planned as both the cornerstone and first building within The 78-development , which aims to establish a new neighborhood along Chicago River featuring academic facilities, coworking spaces, residential areas and collaborative venues for hosting events.

Overall,the University of Illinois’ shift away from its initial plans signals their commitment towards pursuing cutting-edge developments in quantum computing while also impacting future developments within Chicago’s urban landscape.

About the Publisher:
Steve Griffin is based in sunny Palm Harbor, Florida. He’s an accountant by profession and the owner of GRIFFIN Tax and REVVED Up Accounting. In addition, Steve founded Madison Avenue Technology. With a strong passion for commercial real estate, he’s also dedicated to keeping you up to date with the latest industry news.

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