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Greetings!
Fox Development Corporation is providing a
quarterly update on activities in The
Research Park. If you have any contributions,
comments, or
questions, please direct them
to Tiffany Xenos at tiffanyx@fox-companies.com
or
call Fox
Development Corporation at (217) 351-1430 x27.
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| John Deere Office Opens Summer 2008 |
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Deere invested $1 million into the new
Technology Innovation Center in the Research
Park. Deere moved into their new office on
July 1, 2008. The center is a satellite
organization of the Moline Technology
Innovation Center and is responsible for
tracking technology trends, building an open
innovation strategy for potential commercial
value, and recruiting talent for Deere.
"This investment dovetails perfectly at the
University of Illinois with our 140-year
history of addressing the most critical need
of society. Furthermore, it will enhance the
knowledge and skills of faculty and students
as we continue to prepare out graduates to
compete and succeed in the global
marketplace," said Chancellor Richard Herman
of the University of Illinois.
Deere currently employs graduate students and
full time engineers to support research
projects throughout the company. Their work
coordinates with Deere sponsored research
initiatives and primarily consists of
software, data analysis, and engineering
projects.
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| Riverglass and SmartSpark Energy Systems Graduation from the EnterpriseWorks |
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There are two new graduates of the
EnterpriseWorks incubator, Riverglass and
SpartSpark Energy Systems in the Research Park.
Riverglass is an IllinoisVENTURES portfolio
company with significant revenue growth in
the homeland security market and industrial
clients. Riverglass was formed in 2003 by
Michael Welge, head of NCSA's Automated
Learning Group, who worked to transform the
D2K software environment into a commercial
venture. The goal was to offer data analytics
solutions to help organizations gather,
organize, merge and analyze data from
disparate sources, including unstructured
textual and visual data. Riverglass
groundbreaking data analytics technology is
designed to deliver intelligent monitoring
and analysis of unstructured data. They moved
into their new office in June 2008 at 2001
South First Street.
SmartSpark focuses on making green
technologies safer and less complex with a
current focus on solar energy. SmartSpark is
an energy middleware provider and developer
whose power electronics technologies and
products support electricity conversion and
control between almost any energy source and
load. SmartSpark is working on a project to
increase solar power on the nation's utility
grid with solar inverter technology that
could bring in over $6 million in revenue.
The company is based on patented technologies
licensed from the University of Illinois,
developed by the company founder Dr. Phil
Krein. Earlier this year, SmartSpark secured
Series A funding from Battery Ventures to
help grow their business. SmartSpark moved
from EnterpriseWorks to the Technology
Development and Fabrication Center into a new
office and lab area with over 7,000 square
feet to allow their company to grow.
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| Fox/Atkins Acquires Motorola Building |
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Fox-Atkins Development closed on the purchase
of Research Park's former Motorola building
on June 23, 2008. The building is 74,000 SF located
between Oak Street and First
Street across from the Assembly Hall. The
building offers the latest standards in
lighting, large raised-floor data center
rooms, backup generator power, more than a
dozen conference rooms, and fiber
infrastructure. The first company that moved
into the building was Illini Computing, a
small firm that signed a lease with
Fox-Atkins in July 2008.
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| Illini Computing |
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Illini Computing, Inc. is a full-service
technology consulting company offering their
services and products to individuals as well
as businesses. They can assist in software
development, web design, and system and
network administration. They have recently
relocated to the Research Park from the
Chicago area and occupy space in the Motorola
building.
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| Qualcomm Expands Operation |
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Qualcomm, who currently occupies space in the
Research Park, signed a lease
and begun planning the construction on a new 11,000
SF office in the former Motorola Building to
grow their current operation. Qualcomm
supports a software development and
engineering center in the Research Park to
employ available talent in the area,
especially with expertise in blue tooth
applications for mobile phones. The center
develops software that helps integrate the
chips into cellular phone products. With the
additional space after the move, Qualcomm
will be able to hire up to 12 interns and
continue to add full time engineering
positions in Champaign.
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| R Systems NA, Inc at the Research Park |
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R Systems NA, inc. is a privately held
corporation providing high-end computing
resources for research. The company opened a
new data center location to house its
supercomputing resources in the Research Park
this summer. R Systems offers rapid response,
queue sensitive, production environment with
utility or dedicated access depending on the project. R-
Systems has the most powerful
supercomputer owned and operated by a private
company in the U.S. R Smarr, was ranked #44
on the 31st annual TOP500 list of the world's
most powerful supercomputers at the 23rd
annual International Supercomputing
Conference (ISC) in Dresden, Germany. The
cluster was named after Dr. Larry Smarr,
founding director of the National Center for
Supercomputing Applications. R-Systems is
providing high end computing resources to
large energy corporations in addition to
local research companies.
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| Technology Development & Fabrication Center II Graduation Building Construction |
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The Graduation Building is being built to
accommodate companies currently operating in
the EnterpriseWorks that are
beginning to emerge as dynamic, growing
companies that require more advanced,
non-traditional office space. The Graduation
Building will be a cost efficient building
option for companies leaving the Incubator
and seeking longer term lab and offices. The
building will be conducive to the assembly
process, large equipment, and flexible lab
areas along with an ease of shipping and
receiving for deliveries. The building
construction will be completed and ready for
occupancy in January 2009. Suites are
available from 3,000-10,000 SF. The building
features a limited amount of shared common
area space to allow shared facilities for the
tenants including a break room, conference
room, shipping and receiving area, and
telecom room.
Starfire will be graduating out the
EnterpriseWorks incubator and moving into lab
and office space at the south end of the new
building. Starfire develops advanced plasma
technologies to assist research in space
propulsion, nuclear fusion, and industrial
processing and has several hopeful
technologies in each of these areas. Starfire
has several promising technologies including:
the Planar Hall Thruster for dual-mode
satellite propulsion, the "nGen" plasma
neutron generator for on-line analysis and
security inspection, and a microdischarge
array light source for EUV photolithography.
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| I Hotel and Conference Center Opening |
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The I Hotel and Conference Center, located in
the University of Illinois Research Park, had
their grand opening this August and is now
welcoming guests and events into their new
facilities. The I Hotel and Conference Center
is unlike any other facility in the
Champaign-Urbana area. The I Hotel is
dedicated to AAA Four Diamond Quality
Standards and creates an atmosphere in which
every guest's need is met. In addition to
the Hotel, the Conference Center's 38,000 SF,
state-of-the-art facility is
Champaign-Urbana's unrivaled resource where
space can be reserved for business
conferences, seminars, career fairs,
symposiums, wedding receptions, and other
social functions.
Within the new building you can also find the
new I Cafe, which is proudly brewing
Starbucks® coffee as well as Houlihan's
Restaurant & Bar located right next to the I
Hotel.
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| Tech Cocktail |
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TECH cocktail was founded in May 2006 in
hopes of creating a place for bloggers,
technologists, entrepreneurs and other
business professionals to meet, share ideas
and have some fun. It has taken place in
cities including Chicago, Boston, Washington
D.C. and Boulder, and on September 25th TECH
cocktail came to Champaign!
The event was open to anyone in the
technology community and Research Park and
was held at Houlihan's Restaurant & Bar.
Informal demonstrations were made by local
technology firms and the cocktail became a
great site for networking and sharing ideas.
To find out more about TECH cocktail and to
become part of their online community please
visit www.techcocktail.com.
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| Sun Singer Wine & Spirits 5th Anniversary Gala Wine Tasting |
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On October 30th from 5pm to 8pm, Sun Singer
will be holding a Wine Tasting Gala to
celebrate their 5th anniversary at the
I Hotel and Conference Center located at 1900
South First Street in Champaign. They are
inviting the public to socialize and sample
over 240 wines, spirits, and beers from
around the globe. The Gala will also feature
a silent auction of wine and wine
accessories, plus all attendees will receive
a Stolzle crystal souvenir wine glass.
Generous discounts will be available on wine
purchases made at the Gala and proceeds from
this special anniversary event will benefit
The Carle Heart Center.
Tickets will be available at the door for $20
a piece. More information is available at
www.sunsingerwines.com or by calling 351-1115.
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| Upcoming Fall/Winter Philanthropic Events |
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Fox Development will be participating in two
philanthropic events this Fall and Winter
with the Cunningham Children's home and the
Eastern Illinois Food Bank.
In November, FDC is arranging to have "Giving
Trees" placed in the Research Park, each one
decorated with name tag ornaments of the
children housed at Cunningham Children's
Home. Employees of businesses located in the
Research Park will chose "ornaments" this
holiday season and donate gifts for the
children in time for Christmas.
The Research Park will be participating in a
Food for Families Drive run by the Eastern
Illinois Food Bank from November 10 through
November 14. There will be boxes set up in
each a building where food can be collected
for the drive. Thanks for your participation!
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