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RFU Innovation & Research Park

RFU 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 and TUFF

Private Financing

Bond Financing

Closing Date

2018

Catalytic P3 Development

Bond and tax credit enhanced financing of P3 development of the Rosalind Franklin Innovation Research Park as part of the continuous expansion of an existing 700,000 SF facility. The university will be anchor tenant with co-location by an activator, academia startups, and small/mid-size biotech firms.

Estimated Economic and Social Impact

200 jobs and 200 construction jobs.

Project Gallery