New U of I innovation center and ‘The 78’ mega-development officially unveiled – Curbed

The massive project calls for essentially a whole new neighborhood on Chicago’s Near South Side.

Today, state and local bigwigs convened along the south branch of the Chicago River to officially unveil plans for a $1.2 billion research facility. Illinois Governor Bruce Rauner was joined by University of Illinois System President Tim Killeenm, Chicago Mayor Rahm Emanuel, and Related Midwest President Curt Bailey to announce the Discovery Partners Institute (DPI) as a key piece of the sprawling 62-acre Near South Side development known as The 78.

Read more at Curbed