A lab science boom in Chicago may rely on existing buildings

A diverse economy is a strong economy, which is why many in the Chicago area would like to see more development in the lab sciences. After all, it’s one sector that is projected to explode in demand over the coming years.

A recent JLL report found that Boston, the Bay Area and San Diego retained their positions as top life science ecosystems in the nation. Chicago barely made this list, coming in at 13, even though it is home to world renowned pharma and life science firms such as Abbott, Abbvie, Baxter and Pfizer—and two national labs in Argonne and Fermilab. For Chicago to be in contention for venture capital investment, the landscape has to change in order to attract such capital.