Data center real estate market in North America
Chicago
Published one month ago
5th
In supply of data center real estate, measured by commissioned power
5th
In demand for data center real estate, measured by TTM absorption
8th
In hyperscale owned facilities, measured by operational power
Real estate supply pipeline
Rank amongst North America markets
Commissioned
Colocation power commissioned within the market, measured in MW, includes preleasing
Available
Colocation power commissioned and available within the market, measured in MW
Under Construction
Speculative colocation power under construction within the market, measured in MW
Planned
Speculative planned colocation power that hasn't yet broken ground, measured in MW
About Chicago
Chicago is the third largest city in the United States and has been a major financial and commercial hub in the American Midwest for decades. Numerous factors helped fuel and sustain data center growth in Chicago in recent years. The Chicago market is attractive to data center users for its favorable business climate, competitive colocation/cloud environment, relatively low power cost, and low risk of natural disasters.
Downtown Chicago attracts enterprise users able to afford the higher overall costs of doing business within the urban core. However, the downtown data centers tend to be relatively small in size. Contrast that to data center development in the western suburbs of Elk Grove Village and Franklin Park where providers have more room to build large colocation facilities. Furthermore, colocation users find the Chicago market attractive because of its central location and proximity to large, corporate businesses. Companies searching for data centers in the Chicago market include those in the financial, technology, telecom, insurance, and healthcare industries.
Largest colocation providers
Measured by total commissioned power
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