Hyde Park Labs
A 13-story purpose-built advanced R&D lab building in Chicago.
Location
Product Type
Timeline
Project Complete – Q1 2025
Overview:
Located at 5207 South Harper Ave., Hyde Park Labs is the South Side of Chicago’s first commercial, purpose-built advanced R&D lab building. Standing 13 stories and spanning more than 300,000 square feet, the building features nine full floors of Class-A lab and office space, ground-level retail, and four levels of above-grade and below-grade parking. The facility will include 40,000 square feet of tenant amenities, including a fifth-floor terrace dubbed “The Lawn,” featuring grills, firepits, views of Lake Michigan, and direct access to the interior tenant lounge. Hyde Park Labs also offers private terraces on every floor, secure on-site bike storage, an indoor bar and lounge, and an executive boardroom.
The University of Chicago has leased approximately 155,000 RSF across five floors for faculty research and its new UChicago Science Incubator, a partnership between the Polsky Center for Entrepreneurship and Innovation and Portal Innovations, to translate early-stage deep-tech concepts into commercial opportunities. Six UChicago-affiliated companies are among the incubator’s first tenants: memQ, Exactics, Signl, Cell Therapy, ZipBionexus Tech, and Neuro Innovations. In partnership with the University, the ground floor of the building will also initially host IBM’s next-gen modular quantum computer, called IBM Quantum System Two.
The Southside STEM Station officially opened on the ground floor of Hyde Park Labs on May 29, 2025. Benefitting from extensive community input early in the development process, this new learning hub offers free, quality hands-on STEM programs for students, families, and educators on the city’s South Side. It features in-school labs, after-school and summer programs, community events, and teacher professional development to foster inclusive STEM education.
For more information, please visit https://hydeparklabs.com/
