Old news - not sure if a writeup ever made it onto here, or what is the state of the project now.
http://www.suntimes.com/business/roe...r-breathe.html
January 17, 2012
TECH TRYOUT: Backers of a new incubator for technology companies is Chicago are scheduled Wednesday to announce plans to put it in a 50,000-square-foot building at 222 W. Hubbard, just north of the Merchandise Mart. Matt Moog, founder of the consumer-product review site Viewpoints.com, is backing the venture with J.B. Pritzker and others.