R
elated Midwest has unveiled plans for its quantum computing campus on Chicago's Far South Side, which would span 440 acres and up to 59.3 million square feet of commercial space. The site, located at 8080 South DuSable Lake Shore Drive, is the former U.S. Steel South Works plant. The project's scale would surpass other developments like Lincoln Yards and The 78.

    The first phase includes a 458,000-square-foot quantum computing facility as part of the Illinois Quantum & Microelectronics Park. Palo Alto-based startup PsiQuantum will anchor the development with a $1 billion investment to build the world's largest quantum computer, creating hundreds of jobs and positioning Chicago as a hub for quantum research.

    Related Midwest's acquisition of the site is pending, but its zoning application marks a significant step forward. Unlike previous plans, this vision focuses solely on commercial and industrial uses without residential components. The project received a property tax subsidy from Cook County that reduces taxes by 15 percentage points for 30 years, making it more attractive to investors.

    The development will impact the neighboring South Chicago community, which is encouraging Related Midwest to sign a community benefits agreement to ensure local residents benefit from job opportunities and public amenities. If approved, construction could begin as early as next year, with completion expected by 2026.