Today the Chicago Plan Commission approved the rezoning application that brings us one step closer to transforming the former U.S. Steel South Works site into the Illinois Quantum & Microelectronics Park (IQMP)—a cornerstone for quantum innovation. Congratulations to PsiQuantum, IQMP, Related Midwest, Clayco, and all involved city and state teams on achieving this significant milestone today. This milestone would not have been possible without the steadfast leadership and passion of Alderman Mitchell and Alderman Chico. Alderman Mitchell, a lifelong South Side resident, spoke powerfully at the Plan Commission meeting about the opportunity to revitalize the community he’s called home for 55 years, transforming a site long dormant into a hub for innovation and opportunity. Alderman Chico, deeply rooted in the area’s legacy, emphasized the importance of action, highlighting this project as a turning point for the 7th and 10th wards to bring generational impact and jobs back to the South Side. Their advocacy exemplifies the dedication needed to drive real change. The IQMP, anchored by PsiQuantum with a $1 billion investment commitment, will not only lead the world in quantum innovation but also create thousands of quality jobs, develop a robust talent pipeline, and catalyze investments in housing, infrastructure, and parkland for South Chicago residents. Read more ➡ https://lnkd.in/gvx-8k48
