CHICAGO, IL, June 22, 2025 (GLOBE NEWSWIRE) — Dr. Anosh Ahmed, a Chicago-based entrepreneur, physician, and Republican leader, is moving forward with plans to transform a long-vacant warehouse on Chicago’s West Side into a new cryptocurrency and blockchain innovation center. The project is advancing at a time of growing national support for blockchain technologies and digital assets, bolstered by the Trump administration’s recent pro-crypto policy stance.
Dr. Anosh Ahmed
The initiative aims to bring job creation, education, and tech-driven opportunity to a part of the city that has often been overlooked in previous development efforts.
“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.”
Warehouse Revitalization for Economic Growth
The 100,000-square-foot warehouse, located in an industrial corridor on the West Side, had remained empty for more than a decade. Now, with private investment and support from technology partners, the space is being redeveloped to house crypto mining operations, blockchain development labs, fintech training centers, startup co-working areas, and workforce development 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.
Creating Jobs and Training the Local Workforce
At full scale, the center is projected to support more than 250 jobs, both directly and indirectly, spanning roles in IT, blockchain coding, operations, and logistics. The project will also offer paid blockchain training programs, Web3 certification courses, internships with crypto startups, and career pathways for local residents interested in the growing 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.
Aligned with Federal Pro-Crypto Policy
The launch of the Chicago crypto hub aligns with recent federal-level support for blockchain innovation. The Trump administration has called for greater U.S. leadership in cryptocurrency and emerging technologies, while advocating for regulatory clarity to promote innovation.
“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 known for driving community-centered economic initiatives. His past work includes revitalizing health care facilities and launching employment and housing programs in underserved areas.