Related Midwest seeks zoning approval for more than 59 million square feet of space on PsiQuantum-anchored campus
Related Midwest’s documents filed with the city did not say when it plans to buy the site from U.S. Steel or how soon construction could begin pending zoning approval.
Documents posted online late last week, and previously reported by Crain’s Chicago Business, provide a clearer picture of how much room to grow PsiQuantum, the U.S. Department of Defense and others will have if initial phases are successful.
The so-called Illinois Quantum and Microelectronics Park is backed by Illinois and federal agencies. PsiQuantum is eligible for state incentives valued at around $200 million if it creates at least 154 jobs and invests almost $1.1 billion in the Chicago project.
From steal to the fringe tech of quantum computing but of course here is the kicker
Creating a quantum computing hub on the site could boost lower-income neighborhoods near the site and push Illinois Governor J.B. Pritzker toward his goal of making the state a major player in the emerging technology sector.
How in the world is that expected to happen? Besides construction most people in those neighborhoods will not have the skills to work at such a sophisticated place. This smells like military industrial complex all over!