IBM to create 750 jobs on Chicago’s South Side with quantum innovation hub at Related, Blue Owl, CRG JV’s Illinois Quantum & Microelectronics Park

4/29/2026

|

Chicago Business Journal

|

• Subcategory: Industrial: Flex, Industrial: Manufacturing

• Tag: Economic Development | Lease | Opportunity Zone (OZ)

• Additional Filters-Subcategory: Medical: Life Sciences-Laboratory

• Company: Blue Owl (NYSE: OWL), CRG, Related Companies

Highlights
IBM will create 750 full-time jobs at its Chicago quantum innovation hub.
The state awarded IBM $19 million in economic development incentives for the project.
IBM will support 500 apprentices through City Colleges of Chicago over five years.