Area Development – Chicago’s South Works site once housed the bustling heart of America’s steel industry, but soon it will be home to the future of computing, as PsiQuantum partners with Illinois to build the nation’s largest quantum computing facility on the shores of Lake Michigan.
The 128-acre Illinois Quantum & Microelectronics Park campus, anchored by PsiQuantum, will house a quantum computer containing up to 1 million quantum bits, or qubits, within the next decade, officials said. Currently, the largest quantum computers have around 1,000 qubits.
The project, now in the early planning stage, will be the initial phase of a broader 400-acre master plan for the site. New York-based commercial real estate firm Related Group and industrial developer CRG will co-develop IQMP for anchor tenant PsiQuantum, a leader in quantum computing, using a combination of private financing and funds granted by the state. Chicago-based Lamar Johnson Collaborative (LJC) will be the lead designer, with Clayco as the general contractor for the facility.
