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Chicago & Midwest  + Healthcare  |  May 3, 2019
Paul Bubny
By: Paul Bubny

Innovation District Could Bolster Chicago’s Life Sciences

The Chicago area’s long-established life sciences sector is less robust than it seems, with employment in the industry down 13.6%, according to a white paper from the Near West Side’s Illinois Medical District (IMD). The paper advocates a comprehensive push by both public and private sectors, including the establishment of an innovation district.

Establishing such a district, according to the paper, “can bring startups, research institutions, industry stalwarts and investors together into close proximity in order to foster a collaborative environment favorable to innovation” in life sciences.

However, said IMD CEO Suzet McKinney, “We can’t discuss expanding the life science industry in Chicago without putting people and their health first. It’s time for the state and city to get involved and insist on a responsible expansion that strengthens Chicago’s national position as a life sciences leader, before it loses more ground—and serves underserved communities at the same time.”

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).
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