Need a Data Center? Here Are Three in the Pipeline
The demand for data centers in Chicago continues to grow. The market has one of the lowest vacancy rates in the country at 3%. Luckily, there's 17.5 MW of construction in the pipeline, according to CBRE’s Q2 national data center market update. Today we look at three data centers under construction that will help fill the increased demand.
1. Ascent CH3
Location: 717-727 S Desplaines
Size: 526k SF
Developer: Ascent Corp
Builder: Sterling Bay
Cost: Ascent doesn't reveal numbers.
Delivery: Ascent is reaching out to tenants to build-to-suit.
Ascent has a fast-track data center option for prospective tenants with up to 60k SF of space and 12.5 MW of power, and an expanded data center program with up to 250k SF of space and 50 MW of power.
2. 111 E Cermak
Location: 111 E Cermak
Size: 350k SF
Developer: JRM Technology
Builder: McHugh Construction
Groundbreaking is expected on this 350k SF facility later this year. McHugh wanted to build a data center here for years, but had to wait while the city finalized its McCormick Place hotel and renovation plan. The data center will have 40 MW of power coming from three different feeders.
3. QTS Chicago
Location: 2800 S Ashland
Size: 317k SF
Developer: QTS Realty Trust
Builder: Mortenson Construction
QTS bought this building, which used to be the Chicago Sun-Times printing facilities, last year for $18M. It plans to expand the building to 400k SF with a raised floor capacity of 215k SF and up to 30 MW of power.
Honorable Mention: Forsythe Data Center
Location: 1440 Touhy Ave, Elk Grove Village
Size: 220k SF
Developer: Forsythe Data Center
Builder: Turner Construction
Delivery: Delivered in May, but has availability.
Forsythe's first co-location facility has 30 MW running into it. Forsythe built 56 suites ranging from 300 SF to 4k SF with up to 1.2 MW cabinets, semi-dedicated cooling and security in each.
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