UNIVERSITY OF ILLINOIS (WCIA) — The developer of UI’s Research Park is raising money to expand.
The park’s director says, in order to do that, Fox-Atkins plans to sell a majority state to an investment company.
Once that goes through, they’ll have raised enough money to construct new buildings.
No word yet how much money that will bring in, but construction plans are already in place.
They’ll start building this fall and hope to open new spaces by May.