CHICAGO — Stream Data Centers acquired a new 208,000-square-foot industrial property set for redevelopment in Chicagoland’s Elk Grove Village, Illinois. The Chicago II data center will provide 30,000 square feet of turnkey-ready capacity initially, with an ultimate total capacity of 130,000 square feet and 32 MW. Construction is set to begin in February 2021, with early occupancy available for tenants in the third quarter of next year.
The new property is in close proximity to Stream Data Centers’ recently completed Chicago I facility. Elk Grove Village is one of the country’s main peering and interconnection markets and benefits from excellent infrastructure, outstanding access to all major cloud providers, robust network connectivity, and affordable renewable power options. Stream’s newest Chicago-area data center also capitalizes on tax exemptions applied to data center construction and equipment by Illinois lawmakers in 2019. The state implemented the sales tax incentives to attract new IT and construction jobs while growing the digital economy in Illinois.
“Elk Grove Village understands the unique needs and complexities of developing large-scale data center projects,” said Chris Kincaid, Stream’s senior vice president of design and construction. “That knowledge, combined with ComEd’s infrastructure and reliable ability to deliver electric utility capacity, gives us great confidence in our ability to deliver this large-scale project in 2021.”
“Our customers appreciate our commitment to delivering turnkey data center capacity, not just shell space, which helps them rapidly deploy and meet their project timelines,” said Rob Kennedy, Stream’s co-managing partner. “More than 20 years of experience serving the world’s most demanding IT organizations helps ensure that our facilities can serve both enterprise and hyperscale users.”