An informational outreach meeting has been announced for the Discovery Partners Institute (DPI) at 1519 S Wells Street within The 78. Located just south of the South Loop and off of the recently completed Wells-Wentworth connector, DPI is set to be the first building within the proposed megadevelopment. The project is being spearheaded by the Illinois Capital Development Board and Related Midwest, with architecture firms OMA and Jacobs working on its design.
Earlier this year the project was reviewed by the Plan Commission during a courtesy presentation from the developers. Now the Illinois Capital Development Board is leading a meeting on November 16th at the Hillside Village Hall. The roughly two-hour meeting will include a presentation and opportunity to network with the involved parties including the University of Illinois.
The eight-story rounded structure will rise 135-feet in height with 213,000 square-feet of space. Designed with collaboration in mind, this will be used by multiple universities including the University of Illinois, University of Chicago, IIT, UIC, and other global schools as an R&D center with over $200 million in investments expected annually.
Anchored by a multi-story atrium with cantilevered study spaces and staircases, the ground floor itself will hold a cafe lounge, three-multi purpose rooms open to the community, and an auditorium. The rest of the building will focus mostly on classrooms, office space, lab space, meeting rooms, and small focus rooms, with the top floor containing a large event space and outdoor terrace.
The project’s original timeline called for work to commence early next year, however the meeting pamphlet mentions that bid packages will be released in the first quarter of 2024. Thus we can expect at least one more informational meeting to be held prior to then, with construction commencing in the second half of 2024 at the earliest. However there is currently no known timeline for the development.