University of Illinois research park

University of Illinois research park

Dow to open 'innovation center' at Research Park

CHAMPAIGN — Dow Chemical Co. plans to open an "innovation center" in the University of Illinois Research Park, the company announced Monday.

The center will develop data management solutions for research and development organizations throughout the company.

12 hours of concrete pave the way for Fourth Street extension

CHAMPAIGN — For 12 hours on Thursday, workers poured, smoothed and worked the concrete that will become a 4,100-foot segment of a street that officials hope will spur the continued development of the University of Illinois Research Park.

Next Research Park phase could include apartments

CHAMPAIGN — First things first: There's no word on a Trader Joe's.

But a key entrance to the University of Illinois Research Park could soon feature apartments, restaurants and retail stores targeting professionals who work at the park.

UI contemplates moving, updating swine facilities

CHAMPAIGN — Preliminary discussions have begun on where and how the University of Illinois will move its swine research facilities, some of which are located on land slated for future development in the university's research park.

A feasibility study is planned, although funding for the study, estimated to cost $300,000 to $400,000, hasn't been obtained yet.

UI Research Park tenant agrees to sale

CHAMPAIGN — Bytemobile, which has an office in the University of Illinois Research Park, has agreed to be acquired by Citrix Systems.

Terms of the transaction, announced Thursday, were not disclosed. But Citrix, which trades publicly on the Nasdaq exchange, said it expects to release more details when it reports second-quarter results later this summer.

Scharlau sees 'slightly better' economy

CHAMPAIGN — Payrolls of major employers are rebounding. Retail sales are growing. The local housing market is stabilizing. And farmers are anticipating another year of strong commodity prices.

Those factors, plus anecdotal evidence, make Busey Bank Vice Chairman Ed Scharlau think the local economy is getting stronger.

Champaign OKs hotel deal; also approves step toward research park extension

CHAMPAIGN – The city council on Tuesday night green-lighted one of the first steps toward continuing development of the University of Illinois Research Park to the east.

Data-analysis firm coming to UI

CHAMPAIGN — Another publicly traded company is establishing an office in the University of Illinois Research Park.

This time, it's Neustar Inc., which hopes to make strides in data analytics with the help of local employees and student interns.

Former Yahoo, Qualcomm workers recruited Neustar

CHAMPAIGN — Neustar's decision to locate in the University of Illinois Research Park was influenced in part by the work of former Yahoo and Qualcomm employees to bring new companies here, said Laura Frerichs, research park director.

Neustar hadn't had a previous recruiting or research relationship with the UI, she said.

Medical information company to open in UI research park

CHAMPAIGN — A medical information company will open a research-and-development office in the University of Illinois Research Park, with plans to hire seven to 15 student interns this spring.

Intelligent Medical Objects, based in Northbrook, will take space in Suite 208 of the iCyt building, 2100 S. Oak St., C.