JUNE 20258GOVBUSINESS REVIEWIN MY OPINIONIN MY OPINIONTom Anderson, Director of Economic Development, City of ChicagoByChicago's former South Works site, once a symbol of industrial might, is now poised to become a beacon of technological innovation and economic revitalization. As the project manager in the Chicago Mayor's Office overseeing this transformative redevelopment, I am thrilled to share our vision and progress on this initiative, which includes the Illinois Quantum and Microelectronics Park (IQMP), spearheaded by the Governor's Office as a centerpiece of the project and underscores Chicago's commitment to leading in the industries of tomorrow while uplifting our local communities.A Vision for TransformationThis project represents a rare opportunity to reimagine 420 acres along Chicago's lakefront. By partnering with PsiQuantum, a company at the forefront of quantum computing innovation and Related Midwest, the site's master developer, we aim to build not just a technology hub but a community where innovation, sustainability and economic growth can thrive. The IQMP will be set to drive the future of quantum technology and advanced manufacturing--augmenting the South Works site's already storied industrial history--and will position Chicago and Illinois, as global leaders in this emerging field. Additionally, the larger redevelopment will catalyze job creation, generate significant economic activity and, importantly, create pathways for residents of Chicago's southeast side to access opportunities in these cutting-edge industries. Community-Centered DevelopmentWhile the IQMP will attract global attention, we have strived to keep our commitment to the South Chicago community at the heart of this project, ensuring that the voices of local residents are heard and reflected in the final outcomes. From public meetings to stakeholder convenings across a range of focus areas, we've made it a priority to work with local elected officials to engage and empower the community throughout the process.Workforce development has been another critical pillar of our approach. Collaborations with Chicago Public Schools, Illinois' wealth of colleges and universities and local training programs aim to prepare residents for careers in quantum computing, microelectronics and advanced manufacturing. Through these efforts, we hope to bridge the gap between the opportunities created by the redevelopment and the skills of local workers, ensuring that the benefits of this transformation are shared equitably.Building Excitement for the FutureMore than simply being a project, we want the IQMP to represent a statement about Chicago's future. Global competition in quantum computing is accelerating. A NEW ERA FOR CHICAGO: FROM INDUSTRIAL LEGACY TO TECHNOLOGICAL LEADERSHIP
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