Mayor Rahm Emanuel and Gov. Bruce Rauner on Friday released a list of locations proposed in the city and state’s bid for Amazon’s coveted second headquarters, and it includes “The 78” — a 62-acre South Loop site, where the governor hopes to build a $1.2 billion research and innovation center.
The governor’s office on Wednesday said the research center was “referenced” in the bid, but did not specify that it was being offered as a proposed site for Amazon.
A news release from City Hall listed the ten areas that could host the Amazon headquarters. The release acknowledges that “The 78” — touted as the city’s 78th neighborhood — is also the area where the University of Illinois “envisions” putting its ambitious research institute.
And there apparently could be room for both.
Both the mayor’s office and governor’s office said “The 78” was not mentioned as an Amazon proposed site during a Thursday press conference because bids were still open in competing cities. The deadline was midnight Friday. The city and state bid was submitted on Monday.
The full site list is here.
* Meanwhile, as a buddy said to me earlier today, the jargon per second is off the charts in this promo video for the Discover Partners Institute…
Discover Partners Institute
Once fully operational, University of Illinois System estimates that DPI will train nearly 10,000 student entrepreneurs every five years, support for more than $300 million in private real estate investment, and an estimated $500 million in new annual research and development spending.
The project could also stimulate $4 billion in annual venture capital investment, a level four times higher than Illinois currently pays.
That's an incredible return on investment for our state.
Posted by Governor Bruce Rauner on Friday, October 20, 2017
It reminded him of this.