Quantum Research Park IQMP Announced for Development on Former Chicago Industrial Site
What happened
The Illinois Quantum and Microelectronics Park (IQMP) is being developed on 128 acres of the former U.S. Steel South Works site in Chicago’s South Side. The project is focused on quantum computing, which draws on subatomic physics to perform complex calculations. The establishment of the park involves addressing the political challenge of developing a major initiative on a brownfield industrial site.
From chicagotribune.com
Why it matters
The IQMP is intended to be a major long-term economic anchor for the city of Chicago. The development leverages the combined research potential of institutions in the region, including Chicagoland, to establish a new technological hub.
From chicagotribune.com
Who's involved
- ChicagolandThe informal name for the Chicago metropolitan area where the park is located.
- ChicagoThe city where the IQMP is being developed on its South Side.
How this reaches others
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The entities involved
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Chicagoland
informal name for the Chicago metropolitan area
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Fermilab
high-energy particle physics laboratory in Illinois, USA
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