News
October 21, 2024

U of I Halts Construction of 'The 78' as DPI Withdraws from South Side Project

Caroline Raffetto

CHICAGO (WLS)The University of Illinois has announced that construction on its new complex, known as The 78, which was intended to house the Discovery Partners Institute (DPI), has been halted. DPI has decided to withdraw from the location, leaving the project's future uncertain.

Initial preparations had commenced on the 72-acre site, but now its trajectory is unclear.

"We were a part of their plans. We had provided a lot of input, and then they said that, like we're moving forward, they identified their contractors they were going to start building," remarked Debbie Liu, a resident and member of the 78 Community Advisory Council.

Liu expressed her shock and disappointment at DPI's decision to withdraw, noting that it was meant to serve as a cornerstone for the tech hub at The 78.

"The design of the 78 building was initiated seven years ago, so much has changed since then," stated U of I System President Tim Killeen.

In a recent phone interview, Killeen explained that as DPI has evolved in response to the fast-paced developments in quantum computing, digital transformation, and artificial intelligence, relocating to the planned Quantum and Microelectronics Park along the lakefront makes more sense.

"We can move quickly with this new approach and really help the people of Illinois with jobs, access to technologies that will infuse the whole economy," he added.

The 78 is situated along the south branch of the Chicago River, nestled between the South Loop and Chinatown. A statement from developer Related Midwest acknowledged DPI's exit, noting, "While we were disappointed to learn of DPI's decision to exit The 78, its departure opens up opportunities for new partnerships and site configurations."

Residents emphasize the importance of their continued involvement in shaping the site's future.

"I hope that development isn't going to be too long in the future, but I also want to make sure that development is reflective of the needs of the community," Liu said. Over the years, plans for The 78 have shifted from office space to a casino, then a sports stadium, and now a mixed-use development.

"I definitely think that there should be some transparency and accountability for this site, because it's also a TIF District," Liu concluded.

News
October 21, 2024

U of I Halts Construction of 'The 78' as DPI Withdraws from South Side Project

Caroline Raffetto
Announcements
Illinois

CHICAGO (WLS)The University of Illinois has announced that construction on its new complex, known as The 78, which was intended to house the Discovery Partners Institute (DPI), has been halted. DPI has decided to withdraw from the location, leaving the project's future uncertain.

Initial preparations had commenced on the 72-acre site, but now its trajectory is unclear.

"We were a part of their plans. We had provided a lot of input, and then they said that, like we're moving forward, they identified their contractors they were going to start building," remarked Debbie Liu, a resident and member of the 78 Community Advisory Council.

Liu expressed her shock and disappointment at DPI's decision to withdraw, noting that it was meant to serve as a cornerstone for the tech hub at The 78.

"The design of the 78 building was initiated seven years ago, so much has changed since then," stated U of I System President Tim Killeen.

In a recent phone interview, Killeen explained that as DPI has evolved in response to the fast-paced developments in quantum computing, digital transformation, and artificial intelligence, relocating to the planned Quantum and Microelectronics Park along the lakefront makes more sense.

"We can move quickly with this new approach and really help the people of Illinois with jobs, access to technologies that will infuse the whole economy," he added.

The 78 is situated along the south branch of the Chicago River, nestled between the South Loop and Chinatown. A statement from developer Related Midwest acknowledged DPI's exit, noting, "While we were disappointed to learn of DPI's decision to exit The 78, its departure opens up opportunities for new partnerships and site configurations."

Residents emphasize the importance of their continued involvement in shaping the site's future.

"I hope that development isn't going to be too long in the future, but I also want to make sure that development is reflective of the needs of the community," Liu said. Over the years, plans for The 78 have shifted from office space to a casino, then a sports stadium, and now a mixed-use development.

"I definitely think that there should be some transparency and accountability for this site, because it's also a TIF District," Liu concluded.