Stream Data Centers announced the acquisition of a new 208,000-square-foot industrial property set for redevelopment in Chicagoland’s Elk Grove Village, Illinois.
The new Chicago II data center will provide 30,000 SF of turnkey-ready capacity initially, with a total capacity of 130,000 SF and 32 MW. Stream Data Centers will start construction in February 2021, with early occupancy available for tenants in the third quarter of next year.
The property is in close proximity to Stream Data Centers’ 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 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.
