The Illinois Institute of Technology announced last week that they will break ground next year on a 5-story “innovation center” at the university’s Bronzeville campus in Chicago. The new 100,000-square-foot building will overlook the Dan Ryan Expressway and will house academic classrooms as well as resources for entrepreneurs. “It will combine the power of higher education,” said IIT President John Anderson, “with Chicago-style imagination, determination and boldness to fuel innovation.” The center will house IIT’s Interprofessional Projects Program as well as high-tech workshops and computer labs. IIT will also provide space for companies at University Technology Park. Mayor Rahm Emanuel was present for the announcement, eager to tout Chicago’s growing business community. City support will provide cost savings that Anderson said will translate into twice as many Chicago Public Schools students in its summer programs for high school students.