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Chicago greenlit $30 million in public financing to help IBT Group transform a massive historic warehouse in McKinley Park into a cutting-edge high sciences and residential campus.

The City of Chicago’s Department of Planning and Development has released its list of finalists for the Pershing Warehouse Redevelopment in McKinley Park, and IBT Group is excited to be one of the three firms chosen to potentially develop the project.

A recent article in Crain's Chicago Business detailed the second confirmed tenant for The Terminal: NuMat, a midwest-based chemistry design company known for inventions like its atomic-scale sponges. The decision once again confirms The Terminal as a sought after destination for innovators in Chicago.

EeroQ, the quantum computing company that has set up shop in Building A of The Terminal, recently completed the installation of a brand new ultra-low temperature dilution refrigerator as it continues to build out its state-of-the-art facility