Chicago is rapidly becoming a national leader in quantum computing innovation, according to a recent report by Newmark.
The region was designated a U.S. Regional Innovation and Technology Hub in 2023 and has secured nearly $1 billion in federal and state support, including $500 million to launch the Illinois Quantum & Microelectronics Park (IQMP) in South Chicago. The IQMP, expected to deliver in 2027, is a 128-acre technology campus on the former U.S. Steel South Works site.
Illinois is the only state home to two DOE National Quantum Centers—Q-NEXT and SQMS—and operates a 124-mile quantum network testbed linking Argonne, Fermilab, and the University of Chicago. The IQMP will provide advanced cryogenic and lab infrastructure, accelerating commercialization for startups, scale-ups, and major enterprises. As activity around the University of Chicago and the IQMP increases, demand for office, lab, and R&D space will grow, driving international investment and expanding Chicago’s innovation footprint.
Don’t miss Carter Andrus, Chief Operating Officer of Prologis, as the keynote interview at Connect Industrial Midwest— taking place Tuesday afternoon, March 10, 2026, at Joe’s Live in Rosemont, IL.
The post Report: Chicago Becoming National Leader in Quantum Computing appeared first on Connect CRE.
​Â