Business & Tech
University Of Illinois Research Hub To Anchor First Phase Of Massive 78 Project
DPI will be the anchor of the first phase of the $7 billion 62-acre project.
CHICAGO (CBS) — Construction on the first major piece of The 78 megadevelopment in the South Loop should begin later this year, after Gov. JB Pritzker announced the release of $500 million in capital funding for the Discovery Partners Institute (DPI), a research hub led by the University of Illinois.
DPI will be the anchor of the first phase of the $7 billion 62-acre project, which will be built along a vacant stretch of land on the east bank of the Chicago River between the South Loop and Chinatown.
