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Writer's pictureRich Washburn

From Steel Mills to Superposition: Chicago Bets Big on Quantum Computing


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From Steel Mills to Superposition

For over three decades, the 600-acre South Works site on Chicago’s Southeast Side has stood as a stark monument to industrial decline—a sprawling, silent reminder of when U.S. Steel’s powerhouse employed 20,000 workers and built the backbone of a growing nation. Now, this once-abandoned steel mill is at the heart of a bold new future: a quantum computing hub that could bring Chicago to the forefront of cutting-edge technology.


Recently approved by the Chicago City Council, the Illinois Quantum & Microelectronics Park aims to transform 128 acres of the South Works site into a state-of-the-art research and development campus. With heavy hitters like PsiQuantum, IBM, and even a federal defense agency on board, the project positions Chicago as a leader in quantum innovation—and offers the tantalizing possibility of revitalizing the long-neglected South Chicago community.


But will this new “quantum dream” succeed where so many grand plans before it have failed? And can the region truly become a tech hub rivaling Silicon Valley?



The Steel Giant that Fell Silent


To understand South Works’ transformation, you have to rewind to 1882, when Chicago was a bustling center of heavy industry. Located at the mouth of the Calumet River on Lake Michigan, the site became a prime hub for steel production, with Great Lakes freighters delivering iron ore, coal, and limestone directly to its doorstep. By the mid-20th century, South Works had grown to encompass 575 acres and fueled Chicago’s economic rise.


But like much of the Rust Belt, the 1970s marked a slow decline. Global competition, outdated infrastructure, and cheaper foreign alternatives decimated the steel industry. By 1991, the mill shut down for good, leaving behind a 600-acre void—not just in land, but in jobs, community, and opportunity.



Quantum Computing: The Big Bet


Fast forward to today, and South Works’ next act is nothing short of ambitious: the Illinois Quantum & Microelectronics Park, a cutting-edge campus dedicated to advancing quantum computing technology.


If quantum computing sounds like science fiction, you’re not alone. Instead of using traditional bits (0s and 1s), quantum computers harness qubits and the principles of quantum mechanics, like superposition and entanglement, to process data at unprecedented speeds. In practical terms, this means solving problems in minutes that would take classical supercomputers thousands of years.


The centerpiece of this initiative? PsiQuantum, a Palo Alto-based quantum startup that has pledged $1 billion to develop a 458,000-square-foot facility as the anchor tenant. PsiQuantum’s ambitious goal is to build the world’s first utility-scale, fault-tolerant quantum computer—essentially, a quantum machine powerful and stable enough for real-world use.


They’re not alone: IBM is joining the project alongside a federal defense agency and state universities, creating a powerful collaboration between public and private sectors. Construction on the first phase is expected to begin in early 2025, with facilities operational by 2026.


The site’s transformation will be led by Related Midwest, known for projects like “The 78” in Chicago’s South Loop, and CRG, adding the development muscle needed to bring this vision to life.



Jobs, Skepticism, and Quantum Hype


At first glance, the project sounds like a technological panacea for the South Side. The initial phase promises 150 permanent jobs, with potential for further expansion as facilities grow. But will those jobs be accessible to South Chicago’s current residents? And how many of them will require advanced degrees or specialized skills?


Moreover, quantum computing remains a technology in its infancy. The potential is staggering, yes—but so are the challenges. Building a scalable quantum computer requires highly specialized infrastructure like cryogenic cooling systems and fault-tolerant architectures. And if quantum technology stalls or disappoints, the site risks becoming yet another unrealized dream.


It’s not just Chicago’s South Works facing ambitious redevelopment tied to tech innovation. In a move that sounds pulled from a dystopian novel, Microsoft is partnering with Constellation Energy to restart the Three Mile Island nuclear plant—yes, that Three Mile Island—to power its energy-hungry AI data centers. If South Works represents the hopeful future of computing, Three Mile Island is its eerie, radioactive cousin—a reminder that innovation often comes with risks.



A Second Chance for Chicago


Chicago’s South Works story mirrors the evolution of the American economy—from steel to silicon, from industrial might to digital dreams. The Illinois Quantum Park represents an opportunity not only to reclaim the site but to position Chicago as a hub for quantum innovation.


Chicago already has the foundation for success:


  • World-class research institutions like the University of Chicago and the University of Illinois.

  • A burgeoning tech ecosystem eager for investment and growth.

  • A legacy of innovation in industry and infrastructure.


If successful, South Works could serve as the centerpiece of Chicago’s technological renaissance. It’s a poetic twist: a site that once forged the steel of America’s cities could now forge the future of computing.



The Big Question: Hype or Reality?


As exciting as the project sounds, it’s fair to ask: Is quantum computing the future, or is it simply the next big buzzword? Quantum still has to prove itself at scale, and the road to success is littered with complexity. But for South Works, the stakes are higher than technology alone—it’s about economic revival, community growth, and proving that innovation can bloom where industry once faded.


Chicago is betting big on quantum. If the gamble pays off, South Works could once again stand as a symbol of resilience and reinvention. If not, it risks becoming yet another ambitious idea trapped in the shadow of its industrial past.


For now, the future looks bright. And who knows? In a few years, Chicagoans might proudly say they live on the quantum frontier.



From steel beams to quantum bits, Chicago’s South Works is rewriting its story—one qubit at a time.



What do you think: is this Chicago's moment to lead the quantum revolution?



From Steel Mills to Superposition: Chicago Bets Big on Quantum Computing


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