Life sciences developments are booming in Chicago, bringing jobs and helping fight ‘brain drain’

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Chicago Tribune

Much of Chicago’s office market remains stuck in the doldrums, but another economic engine has come to life, ready to remake the city into a hub for advanced industry and research. New towers dedicated to life sciences and biotech are already rising in an arc around the downtown core, with more likely on the way. “It really is the next industry for Chicago,” said Regina Stilp, principal of Farpoint Development, part of a team chosen by the city to transform the former Michael Reese Hospital site on the Bronzeville lakefront into a $7 billion mixed-use development. Farpoint’s team will soon bre…

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