Hyde Park Labs held its grand opening on Tuesday, marking the launch of the first commercial, advanced R&D lab building on the South Side, as well as another push to establish Chicago as a tech and quantum computing hub.

The 13-story building at 5207 S. Harper Ave. has offices, labs, retail space and a community STEM learning center. The project also gives another boost to strengthening Hyde Park’s 53rd Street commercial corridor.

The University of Chicago has leased more than 150,000 square feet in the building.

That includes its new UChicago Science Incubator, a partnership between the university’s Polsky Center for Entrepreneurship and Innovation and Portal Innovations, a life sciences venture capital firm that built and manages the incubator space.

Hyde Park Labs is “an important m

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