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The future of quantum real estate
CNBC Televisionยท2025-08-12 21:30

Quantum Computing Industry Overview - Quantum computing is rapidly transitioning from academic and government facilities to commercially viable applications, necessitating specialized real estate [1] - Quantum computers require unique real estate solutions due to their specific needs, differing from traditional data centers [2] Real Estate Implications - The real estate impact of quantum computing is projected to be significant, comparable to the impact of AI and data centers [2] - Current data centers are unsuitable for quantum computers due to differences in physical form and the need for electromagnetic shielding against noise (electrical, magnetic, vibration, or sound disturbances) [2] - New commercial developments are expected to concentrate in regions with existing academic and government institutions to leverage access to academics and trained workforce [3] Key Quantum Markets - The top 20 global quantum markets are located near national research centers and universities [3] - In the US, these markets include Chicago, Boston, New Haven (Connecticut), parts of Colorado and Maryland, and Southern California [3] Specific Developments - Quantum Side chose a Chicago steel mill complex for a new facility, funded primarily by the state of Illinois [4] - The Illinois Quantum and Micro Electronics Park, developed by Related Midwest, plans to develop 128 acres, approximately 5.6 million square feet, marking the beginning of "quantum real estate" [4]