Pritzker Prioritizes $500 Million South Chicago Quantum Park to Boost Illinois Economy
Updated
Updated · Patch · Aug 19
Pritzker Prioritizes $500 Million South Chicago Quantum Park to Boost Illinois Economy
3 articles · Updated · Patch · Aug 19
Summary
Illinois leaders are casting the South Chicago quantum computing facility as a major economic development bet, with Gov. JB Pritzker having made the project a funding priority.
$500 million in state support is backing the Illinois Quantum and Microelectronics Park on the 128-acre former U.S. Steel South Works site, where officials hope to build a new tech hub.
The campus is intended to help position Illinois as a quantum and microelectronics center comparable to a new Silicon Valley, while expanding the state's tax base and jobs pipeline.
Earlier plans for the park called for about 1,000 permanent jobs, and PsiQuantum has said it will build what it describes as the first commercially useful quantum computer there.