CHICAGO, June 22, 2025 (GLOBE NEWSWIRE) — Dr. Anosh Ahmed, a Chicago-based entrepreneur, physician, and Republican leader, is progressing with plans to transform a vacant warehouse on Chicago’s West Side into a cryptocurrency and blockchain innovation hub. The effort coincides with increasing federal backing for digital asset technologies, supported by the Trump administration’s latest pro-crypto policy direction.
Dr. Anosh Ahmed
The project is designed to stimulate job creation, education, and long-term economic development in an area that has faced decades of underinvestment.
“This isn’t just about crypto—it’s about building a future economy right here in our community,” said Dr. Ahmed. “We’re bringing opportunity where it’s long been denied.”
Revitalizing Industrial Space for Technology and Jobs
The 100,000-square-foot warehouse, idle for over ten years, is being redeveloped with private funding and collaboration from tech industry partners. Plans include establishing crypto mining operations, blockchain research labs, fintech education centers, startup coworking spaces, and workforce training programs.
“This project is about more than technology. It’s about bringing real economic opportunities to communities that deserve to be part of the country’s future growth,” said Dr. Ahmed.
Job Creation and Workforce Development
Once fully operational, the hub is expected to support more than 250 direct and indirect jobs in IT, blockchain development, operations, and logistics. It will also offer paid blockchain training, Web3 certification programs, internships with crypto startups, and structured career pathways for local residents aiming to participate in the digital economy.
“If we want to break the cycle of generational poverty, we need to build pipelines into industries that aren’t dying—they’re growing,” Dr. Ahmed said.
National Policy Momentum
The project aligns with the Trump administration’s recent push for American leadership in blockchain and cryptocurrency innovation. The federal call for clear regulatory frameworks is helping position blockchain as a key sector for economic growth.
“We want Chicago to be part of that conversation, and this project will help put us on the map,” Dr. Ahmed added.
About Dr. Anosh Ahmed
Dr. Anosh Ahmed is a Chicago-based physician, entrepreneur, and Republican figure recognized for driving community-focused economic initiatives, including the revitalization of health care facilities and workforce programs in underserved neighborhoods.
Media Contact:
Meghan Trump
Dr. Anosh Ahmed
312-588-8000
[email protected]
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/3036a230-bd96-4253-8aeb-101819bbb210
