Rosalind Franklin University Innovation Research Park
Type
Education
Location
North Chicago, IL
Est. Project Cost
$50.5 million
Size
100,000 SF
Public Financing
New Markets Tax Credit
Sponsor
Rosalind Franklin University and TUFF
Private Financing
Bonds, Equity
Catalytic P3 Development
This $50 million project involved the development of a 100,000 square foot research facility as part of Rosalind Franklin University’s Innovation Research Park. The center promotes biotech and life science advancements by co-locating university researchers, startups, and commercial partners.
Monge Capital structured bond and NMTC financing to support this important step in regional innovation and economic development.