The Illinois Science + Technology Park is an Innovation Cluster and affordable state-of the-art research facilities for Chicago’s community of scientists, inventors, and innovators.
Upon completion of its redevelopment the Illinois Science + Technology Park will offer up to 2 million square feet of office and state-of-the-art facilities including chemistry and biology labs, CGMP facilities, as well as state-of-the-art clinical research labs.
The Illinois Science + Technology Park started with the acquisition of the former corporate headquarters of pharmaceutical giant G.D. Searle and has created an Innovation Cluster and affordable state-of the-art research facilities for Chicago’s community of scientists, inventors, and innovators. The Park, created with support from Illinois state economic development and the Illinois Biotech and University community, is dedicated to a tech commercialization environment to grow companies from basic research through commercialization. This environment includes world class laboratories, specialized equipment, office space and key support amenities. It has also been an economic development engine having created more than 1,300 jobs.
This redevelopment of a former pharma corporate campus has been a vital public-private partnership with the Village of Skokie. It has also generated sufficient demand to secure funding for creating a new mass transit station serving the Park and the Community. By seamlessly integrating it into downtown, this tech park has been an important catalyst and anchored increase retail and residential activity. Hotels and expanded facilities will enable downtown Skokie to become a 24/7 destination to live, work and play. When completely developed, the goal is over 4000 new jobs in the park, and many more jobs associated with the redevelopment of downtown Skokie.