Research Park

For additional information and current space availability, please contact Ryan Murphy at Fox Development Corporation, 217-239-7527.

Research Park at the University of Illinois

The Research Park at the University of Illinois is a collaboration between the university and Fox/Atkins Development, LLC.  It is designed to encourage research and development by private industry, while providing access to numerous amenities including the benifits of:

  • Leading faculty who can offer expertise and world-class research in relevant fields for a specific business purposes. Faculty often help as consultants, engage through Research Park startups, and provide guidance to companies on a wide range of topics.
  • An exceptional student population providing a year-round workforce allowing companies flexibility in setting up teams with high skills to rapidly work on projects with interdisciplinary teams while also creating a pipeline for full-time recruitment.
  • Local peer community of companies in the Research Park that share best practices with each other in a close-knit community. Site directors, employees, and interns network with each other at many of the regularly offered information sharing events, social activities, and skill development opportunities.
  • National recognition with reoccurring placement on  lists such as Forbes.com “12 Business Incubators Changing The World.” the University of Illinois Research Park is known for supporting entrepreneurship and facilitating innovation.

 

To date, 538,862 square feet of office space, a 38,000 square foot conference center, and a 42,755 square foot hotel with a built in restaurant has been developed, for a total of 619,617 square feet.

Standard Lease Terms and Building Specifications
Initial term of three to five years
Base rate is $17 per foot, excluding NNN
Current NNN* pass through estimated at $6.00 per foot
Custom build-out based on individual tenant needs
Brick exterior construction
Vertical blinds standard for all exterior windows
Aluminum mullioned and glass exterior windows and doors
Acoustical or exposed ceilings
Glass storefronts available
Break room facilities available
Access to UC2B fiber
Auto-programmable thermostats
Fiber optic telecom lines
Ample parking
Optional exterior building signage
Street signage
*Included are real estate taxes, snow removal, trash collection, irrigation, lawn care, common area janitorial and insurance.

The Research Park houses 14 buildings and numerous companies spanning a diverse collection of industries.

Research Park Buildings
Atkins Building – 1800 South Oak St
Caterpillar Building – 1901 South First St
Chesterbrook Academy- 2001 South Oak St
EnterpriseWorks- 60 Hazelwood Dr
Ameren Building- 2100 South Oak St
iHotel and Conference Center- 1900 South First St
John Deere Building – 2021 South First St
Littelfuse Technical Center- 2110 South Oak St
State Farm Building – 2001 South First St
Technology Development & Fabrication Center I , II, and III – 2109 South Oak, 2111 South Oak St, and 210 Hazelwood Dr
Yahoo! Building- 1908 South First St
 
For additional information and current space availability, please contact Ryan Murphy at Fox Development Corporation, 217-239-7527.