Data center real estate market in North America
In supply of data center real estate, measured by commissioned power
In demand for data center real estate, measured by TTM absorption
In hyperscale owned facilities, measured by operational power
Real estate supply pipeline
Rank amongst North America markets
Colocation power commissioned within the market, measured in MW, includes preleasing
Colocation power commissioned and available within the market, measured in MW
Speculative colocation power under construction within the market, measured in MW
Speculative planned colocation power that hasn't yet broken ground, measured in MW
The Minneapolis Data Center Market is growing. The continued business success in the area and investment by data center operators has transformed this once secondary data center city into a logical choice for small, medium, and large sized companies. Historically, a large number of companies have built their own data centers in the Minneapolis area and still operate them today. This presence of enterprise users is due to the large number of Fortune 1000 companies that call Minneapolis home. Organizations like Target, United Health Group, US Bank, Thomson Reuters, Ecolab, Delta, VISI, and a number of other companies all operate their mission critical facilities in the Twin Cities and greater surrounding areas.
From a geographic perspective, much of the data center development has occurred in the Southern half of the city. While some data center providers have a presence downtown, the investment focus over the last several years has taken place in areas like Chaska, Eden Prairie, Eagan, and Edina.
Largest colocation providers
Measured by total commissioned power