Minneapolis I

The Facility

Why Minneapolis I

One of two Stream facilities on the expanded Chaska campus, Minneapolis I is optimally located just 25 miles from the Minneapolis-Saint Paul International Airport. In addition to excellent utility power and fiber infrastructure, benefits of this data center include:

• Meets or exceeds IEEE 99.9999% (six 9s) design availability standard
• Uptime Tier III Design Certified
• Optimal location outside 500-year flood plain
• 185 mph wind and uplift-rated building and equipment yard
• Dual underground utility power feeds from two substations
• 2N distribution to the rack
• Designed to meet or exceed ISO/IEC 27001, SOC 1 Type 1, SOC 2 Type 2, and PCI DSS standards
• LEED Silver certified
• Network-rich environment with a strong mix of local, long haul and dark fiber providers
• <2 ms latency to major regional carrier hotels
• Disaster Recovery office space backed by 2N generators
• Secured perimeter security fence
• K-4 crash rated controlled access points
• Biometrics access
• 24/7 on-site security

The Market

Why Minneapolis

We invest in your success through speculative development in markets where we see future demand and in locations where TCO can be optimized, risk is low, network connectivity is robust, and sustainability is easily achievable. Chaska certainly fits the bill and is fast becoming a prime destination for hyperscalers and enterprises alike.

Sales tax exemptions can mean big savings
Tax incentives in Minneapolis are among the most generous of all data center markets. Minneapolis I tenants may qualify for a 20-year sales tax exemption on IT equipment, software, and electricity used to operate the data centers.

Minneapolis is well connected
In the mid-2010s, Minnesota invested $85 million and leveraged another $110 million in private investments toward enhancing its available broadband infrastructure. Peering through local internet exchanges and direct cloud on-ramps are within 2 ms of Minneapolis I.

Relatively low power costs and tax incentives keep TCO low
Minneapolis is not the lowest-cost market for electricity, but power cost is still much lower than in other data center markets, potentially yielding savings of up to 43% relative to higher-cost markets like New York, Silicon Valley, and Los Angeles. Add in the savings from data center tax incentives, and TCO could be substantially less in Minneapolis than elsewhere.

Renewable energy options abound
Minnesota has more financial incentives and regulatory policies promoting renewable energy than any other state except California. In addition, renewable energy options abound, and Minnesota is among the largest generators of renewable energy in the country.

Minneapolis is a great place to do business
Minneapolis is a great place to do business in part because the cost of doing business is relatively low. In addition, Minneapolis and its neighbor St. Paul are ranked #22 in best places to live out of 150 metro areas assessed by U.S. News. Minnesota is ranked #7 in top states for business by CNBC.