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Data center real estate market in North America

Chicago

Published less than a week 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

7th

In hyperscale owned facilities, measured by operational power

Access Analytics

Real estate supply pipeline

Rank amongst North America markets

5th

Commissioned

Colocation power commissioned within the market, measured in MW, includes preleasing

4th

Available

Colocation power commissioned and available within the market, measured in MW

2nd

Under Construction

Speculative colocation power under construction within the market, measured in MW

5th

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

Prime Data Centers
Digital Realty
CyrusOne
Access Analytics

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