Related Companies and CRG JV’s South Side Quantum Campus Gets City Council Green Light As IBM Announces It Will Make Site Its Home

Computing giant IBM announced it will set up shop on a sprawling quantum campus at the former U.S. Steel South Works site Thursday, one day after Chicago City Council approved a rezoning request for the project, setting the stage for a construction start early next year.

Gov. J.B. Pritzker announced that IBM plans to make the Illinois Quantum and Microelectronics Park its permanent home with the construction of the National Quantum Algorithm Center on the South Shore site.

The center will be fueled by IBM’s modular quantum computer and aims to advance the exploration of quantum-centric supercomputing across industries, the governor said in a press release.

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JJ Smith | EVP & Partner-Residential/Student
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Michael Ellch | SVP, Related Midwest

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