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October 20, 2017
FOR IMMEDIATE RELEASE

CONTACT:
Illinois Medical District Press Office
Ryan Gage
312-738-5800
RGage@medicaldistrict.org

 

ILLINOIS MEDICAL DISTRICT SELECTED IN CITY OF CHICAGO'S BID FOR AMAZON'S HQ2 

With 40 acres of shovel ready land, close proximity to the loop and major 
universities the IMD will attract future generation of diverse talent 
 

Illinois Medical District (IMD) CEO and Executive Director, Dr. Suzet McKinney today announced the IMD has been selected in the City of Chicago’s bid for Amazon’s HQ2. The announcement concludes a month-long process that brought together an unprecedented group of stakeholders to develop and support a bid that makes clear Chicago is the ideal place for Amazon to invest billions of dollars and create an estimated 50,000 jobs. IMD, through a strategic partnership with CBRE Chicago, has engaged developer Trammell Crow, which has completed 18 projects for Amazon.

“The IMD is a 24/7 high-tech hub at the heart of Chicago,” said Dr. Suzet McKinney, CEO/Executive Director of The Illinois Medical District. “With two universities, four medical centers, research facilities and a tech park, the IMD will attract future generations of diverse, global talent. We are honored to be selected in the City of Chicago’s bid for Amazon’s HQ2 and look forward to working with the community to showcase the IMD as a community of innovation and inspiration.”

With more than 35 acres of shovel ready land, the IMD is in the heart of Chicago’s near west side, less than two miles from the Loop. Within a mile of the IMD, there are a full range of Chicago’s amenities including renowned nightlife and jazz clubs, more than 80 trend-setting restaurants and world-class music, theater and art.

The IMD is living proof of Chicago’s power to attract talent, with a highly educated, global workforce of 30,000 people, mostly in the science and technology sectors. About 43.2% of residents within a mile of the IMD hold a bachelor’s degree or higher — nearly 10 percentage points above the national average. Over the past five years, computer science enrollment has more than doubled at the University of Illinois- Chicago campus, adjacent to the IMD. The nearby University of Chicago, Illinois Institute of Technology and Northwestern University contribute to the talent pool.

Home to two CTA lines, Pink and Blue, as well as seven bus routes that move 82,000 people through the area weekly, the IMD is connected to Chicago’s vast transportation network. Additionally, a proposed Pink Line station at 13th Street would support the IMD’s connectivity. It is easily accessible via the I-290 highway and has protected bike lanes and multiple Divvy stations throughout the district.

The IMD is a living sustainability lab with clean energy provider GreatPoint Energy based within the district. With 17 fiber providers, the IMD is well-connected and would immediately be able to provide Amazon the fiber and power it demands.

Amazon expects to invest more than $5 billion for construction of HQ2, and when completed it is expected to employ up to 50,000 people. The overall economic impact of Amazon locating HQ2 in Chicago is unparalleled, according to a study commissioned by World Business Chicago.

HQ2 Image

IMD Amazon HQ2 Site Proposal (Graph Synergie) 

 

HQ2 Image 2

IMD Amazon HQ2 Site Proposal (Graph Synergie) 

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Situated in the heart of one of the world’s most admired cities, the Illinois Medical District (IMD) offers partners a unique ecosystem of knowledge, collaboration, and resources, plus something more: the opportunity to impact the world’s next great district for healthcare innovation. Together, IMD partners accelerate discovery and commercialization that is reshaping the practice of medicine, generating prosperity for everyone.

Attachments:
Download this file (IMD Amazon HQ2 Press Release_WEB.pdf)IMD Amazon HQ2 Press Release_WEB.pdf[ ]248 kB

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