Creating A Vision
The idea of a Technology Park advanced by Speaker Hastert
Supported by DuPage County Board Chairman Robert Schillerstrom
Encouraged by the elected leaders of West Chicago
Assisted by State of Illinois funding support (DCCA)
Championed by the regional business community
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Role of the DuPage County Technology ParkOpportunity for the county and surrounding areato become a leader in the nation’s new knowledge economy
Generate high quality, high paying jobs
Stimulate the formation of new technology companies
Accelerate growth of young technology companies
Promote the development, transfer and commercialization of technology
Create an environment that fosters collaboration and innovation
Allow researchers, companies, and educators to operate in close proximity
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Land and buildings designed to accommodate
public and private research development facilities
high technology and science- based companies
multi-institutional education and training facilities
support services
Technology Park Concept
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Illinois Coalition, a group of private sector organizations, created to support the retention and improvement of Illinois’ competitive position in the technology sector. They selected the Battelle Institute to conduct study regarding the feasibility of a Technology Park in DuPage.
Independent Analysis Of Feasibility
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Battelle Institute
Leading provider to more than 2,000 companies and government agencies of technology research and products annually.
Established in 1929 as a non-profit corporation. Current business volume approaches $1 billion.
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Battelle Examined Local Market Factors
Technology industry sector trends
Demand for research and development office and lab space
Existing research and development base to grow and support a research park
Economic benefits
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Battelle Conclusions
DuPage County is uniquely positioned to become world-class center of technology-based development
Chicago Metropolitan area ranked third in high-tech industry employment from 1994-1999
DuPage County contains growing base of software services, advanced materials, telecommunications, electronics and life sciences companies
Ideal acreage, airport and amenities available for site development
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Battelle Conclusions (cont.)
Availability of a highly skilled, well educated workforce
Access to cultural and recreational amenities
High quality of life
Region’s colleges and universities graduate students with technical and engineering degrees
Demand exists for research development office and lab space
No research parks in DuPage region with similar capacity potential or research focus
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State of Illinois Support
With support of Speaker Hastert, Chairman Schillerstrom, State Senate President Philip, Republican Leader Daniels, Governor George Ryan and local elected leaders Illinois First Funding of $34,000,000 obtained
Mission of the Technology Park is to provide a location in which researchers and businesses operate in close proximity in an environment that fosters the collaboration and innovation to promote the development, transfer and commercialization of technology through a public private partnership.
The purpose of the funding is to provide for the planning, design and access infrastructure for the campus. 11
Partnership Governance Structure
2 DuPage County Airport Authority representatives
1 University of Illinois Trustee
1 DuPage County Board Chairman appointee
DuPage County Board Chairman
Board of Directors DuPage Technology Park
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Conceptual Design Components
800 acres containing (actual useable 550): University of Illinois Research, NASA Research, Argonne Technology, other federal and state technology-related
research institutions
Incubator companies
Established high-tech corporations
Undergraduate/graduate technology related multi- institutional educational facilities
Ancillary technology companies developed by private developers
Hotel/Conference Center
Residential Facilities
Child Care Facility
Restaurant/retail
Health Club
Potential major non-technology corporate facilities
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Infrastructure Development Phases
Phase 1 - DetermineEstimated overall cost for Park infrastructure
Completed
Phase 3 - ConstructSite infrastructure
Target Start Date 2002 Q4Target Completion Date 2003 Q4
Phase 4 - BuildDuPage Technology
Research Park facilities
Est. Start Date 2003 Q2Est. Completion Date On-Going
Phase 2 - DevelopMaster Plan and Park
detailed infrastructure plans
Completed
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Making Progress - Moving Forward
Awarded $34 million State of Illinois/Dept.of Commerce & Community Affairs Infrastructure Development Grant
Created Project timeline and implementation deadline schedule
Hired Executive Director, legal counsel, project management firm
Established 501C corporation to oversee development, administer funding, begin tenant outreach and deliver project phases on schedule
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Near-Term Objectives
Receive approval from State to begin on site construction
Develop agreement with Airport for landtransfer or leasing arrangement
Conduct in-depth business and marketing analysis ( What is our core market?)
Construct temporary road between Roosevelt and Fabyan
Complete final engineering for road, water, stormwater, lighting and duct package
Seek RFP on southern 160 acres of Park
Time Period
March 2003
November 2002
March 2003
February 2003
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September 2002
September 2002
Near-Term Objectives, cont.
Assist Argonne in establishing Regional Transportation Research and Development Center
Coordinate with State and County on Roosevelt Rd. grade separation
Analyze proposals for potential partnerships on property
Construct incubator facility and building for present tenants
Construct infrastructure
Time Period
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On going
On going
On going
June 2003
June + 2003-2004
Temporarily located at the DuPage AirportStaff of 30 scientists, engineers and directorsSupporting federal agencies
Current Tenants
DuPage Technology Research Education & Commercialization Center (TRECC)
NASADepartment of DefenseDepartment of Navy researchNational Center for Supercomputing Application
Academic & private sector research
University of Illinois/Urbana CampusBattelle Institute
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TRECC
Provide DuPage County business and education communities access to next generation technologies developed by ONR, NCSA, & UIUC
Offer opportunities for commercializing technologies
Advance educational opportunities through continuing education programs
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Making It Happen
Help Us - Help You
Jack Tenison Executive DirectorDuPage County Technology Park2700 International Drive, Suite 100, West Chicago, IL 60185630-587-0544Email: [email protected]
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