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Chicago & Midwest  + South Side  + Healthcare  | 
Trammell Crow Company and Beacon Capital Partners have launched vertical construction at Hyde Park Labs on Chicago’s South Side

UChicago, CIC to Create Lab, Office Space in Hyde Park

The University of Chicago and CIC announced that they will partner on a state-of-the-art lab incubator at Hyde Park Labs to support entrepreneurs and start-up companies in the life sciences sector, according to UChicago News. The creation of CIC Labs at Hyde Park Labs will include a facility with 20,000 square feet of wet lab and office space.

The CIC space will focus on startup companies of UChicago faculty members, helping to extend the impact of their research, discoveries, and intellectual property. The new facility will be part of Hyde Park Labs, which is being built as a second phase of Harper Court, a mixed-use development with commercial, retail, office and hotel spaces.

Trammell Crow Company and Beacon Capital Partners broke ground on Hyde Park Labs earlier this year. The building is expected to be completed in late 2024 and will create the advanced lab infrastructure needed to support a science and technology hub on the South Side.


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About Jasmine Kilman

Jasmine Kilman is Content Director of Connect Commercial Real Estate, covering Chicago and greater Chicagoland, the Midwest, Seattle, and the Pacific Northwest. She covers industry trends, transaction deals, market research, and produces daily news stories. With experience in marketing and communications for academic nonprofits and corporate clients, including Hearst Media, Hilton, and Coldwell Banker, Kilman has written about commercial real estate, environmental, social, and corporate governance (ESG), technology, healthcare, and philanthropy. She was born and raised in California and graduated with a degree in public relations. In her spare time, Kilman enjoys hiking and traveling to new locations with her family.