Data center provider converts existing powered shell in Elk Grove Village into turnkey hyperscale space
Chicago, IL – November 19, 2019 – Stream Data Centers, an industry leader in providing premium data center solutions has commenced construction on 3 MW of fully commissioned critical infrastructure and 35,000 square feet of raised-floor data hall space in its Chicago I facility. This represents the first phase of turnkey data center improvements, which will ultimately total 15 MW and 70,000 square feet of data hall space and will be ready for service in the 2nd quarter of 2020.
“The Chicago data center market continues to see surging demand for turnkey data center solutions from a mix of companies that generally have tight deployment timelines,” says Robert Kennedy, Co-Managing Partner at Stream Data Centers. “Our Chicago I facility in Elk Grove Village provides our customers with an option for immediate deployment with significant expansion capabilities.”
Chicago has always been one of the nation’s premier data center markets, and demand should only be enhanced through new tax incentives recently passed by the state of Illinois. Designed to boost development, data center investments of $250 million or more that create 20 high-paid full-time jobs can now qualify for state and local tax exemptions lasting 20 years. Thanks to this type of regulatory advancement, the Elk Grove Village area will continue to be a thriving hub for wholesale providers and single-tenant data centers.
Key features of the Chicago I facility include:
- Newly constructed, free-standing hyperscale data center
- Redundant 22 MW utility feeds from separate substations
- Top performing electric reliability in a nationally competitive energy market
- Rich mix of connectivity providers
- Outside FEMA’s 500-year flood plain
- Convenient location just 22 miles from downtown Chicago
About Stream Data Centers
Stream Data Centers has provided premium data center services since 1999, with 90% of its inventory leased to Fortune 100 customers. To date, the company has acquired, developed and managed more than two dozen data centers nationally, while leadership has remained consistent for all 24 years.
From site selection to data center construction and operations, Stream develops wholesale colocation capacity and build-to-suit solutions for hyperscale and enterprise users. Additionally, Stream sources and develops low-risk land sites for optimum data center development and provides energy procurement services with a focus on reducing market risk and providing low-cost renewable energy options. All of Stream’s facilities feature carrier-neutral, low latency connectivity to network and public cloud providers.
Stream Data Centers is the technical real estate affiliate of Stream Realty Partners, a full service commercial real estate investment, development and services company. With $5.8 billion in annual transactions and over 294 million+ square feet of leased or managed commercial space in active markets coast to coast, Stream Realty Partners is one of the most successful commercial real estate firms in the country.