Prime to build $1bn data centre campus in Chicago
Prime Data Centers is ploughing “up to $1 billion” into a 750,000-plus sq ft Chicago data centre campus that will provide up to 150MW of capacity.
The Elk Grove Village, Illinois site, in a suburb of Chicago, is expected to house three tri-level facilities. Upon completion, it will be one of the largest data centre campuses in the key Chicago-O'Hare market.
The announcement comes after the Elk Grove Village Board's unanimous approval to sell four parcels of land along its Busse Road Corridor to Prime to develop the campus.
Jeff Barber, EVP of sales and business development at Prime Data Centers, said: “We are entering the Midwest with the development of our new 150MW campus. This rare project will enable hyperscalers, large enterprises and retail colocation providers to meet growing capacity demands.”
In addition to this location, the company has four strategic locations across California and is expanding its global footprint with active projects in the US and Europe.
This June, Macquarie Capital formed a strategic partnership with and made an equity investment in Prime Data Centers, with the two planning a $5 billion expansion drive in acquiring and developing additional data centres.
Macquarie Capital said it would “lend” its infrastructure investing and development franchise to Prime, for delivering and servicing data centre infrastructure solutions to enterprise and hyperscale companies.
The partnership was targeting capital investments in excess of $5 billion “over the next ten years”.