• About Us
  • Partnership Opportunities
  • Privacy Policy

Data Center Frontier

Charting the future of data centers and cloud computing.

  • Cloud
    • Hyperscale
  • Colo
    • Site Selection
    • Interconnection
  • Energy
    • Sustainability
  • Cooling
  • Technology
    • Internet of Things
    • AI & Machine Learning
    • Edge Computing
    • Virtual Reality
    • Autonomous Cars
    • 5G Wireless
    • Satellites
  • Design
    • Servers
    • Storage
    • Network
  • Voices
  • Podcast
  • White Papers
  • Resources
    • COVID-19
    • Events
    • Newsletter
    • Companies
    • Data Center 101
  • Jobs
You are here: Home / Colo / T5 Data Centers Acquires Property for Chicago Expansion

T5 Data Centers Acquires Property for Chicago Expansion

By Rich Miller - January 20, 2020 Leave a Comment

T5 Data Centers Acquires Property for Chicago Expansion

T5 Data Centers has acquired this facility in Elk Grove Village in Suburban Chicago. (Photo: T5 Data Centers)

LinkedinTwitterFacebookSubscribe
Mail

T5 Data Centers is expanding its operations in the Greater Chicago market with the purchase of a 164,000-square-foot data center shell in the Elk Grove Technology Park in Elk Grove Village, Ill., the company said today.

T5 will develop the building as a data center with 15.4 megawatts of power and 103,000 square feet of white space. Elk Grove Village is adjacent to O’Hare Airport, and its access to regional infrastructure has made it the locus of data center development in the Suburban Chicago market.

“We’re excited to grow in the Chicago data center market where we continue to have tremendous success,” said Pete Marin, CEO of T5 Data Centers. “Elk Grove Village has become a focal point for Chicago data center activity with outstanding Village support, reliable low-cost power, and robust network infrastructure, making it an ideal location for both enterprise and hyperscale cloud companies in need of additional capacity.”

T5 Data Centers has a long-standing track record of developing mission-critical facilities in the Chicago market, where it currently operates three data centers.

Tax Package Boosts Chicago Opportunity

Tenants in the new T5 project will be able to qualify for tax exemptions following the state’s recent passing of a bill providing benefits to data center construction projects. Data center projects now will receive exemptions from state and local sales taxes on data center equipment for 10 years if they invest a minimum of $250 million in the facility and create 20 high-paid full-time jobs.

Chicago is one of the nation’s premier markets for data center services, occupying a central place in America’s geography and mission-critical infrastructure. The Windy City is a major hub for Internet and financial infrastructure, with active communities of data center users and service providers.

Chicago Data Center Market

Download the full report.

The region has also become a favored location for hosting, colocation and cloud computing companies. Chicago sees strong demand from the enterprise sector as well, both for primary data centers and as backup/disaster recovery facilities.   

New players continue to enter the Chicago data center market, while incumbent providers are adding space to accommodate future demand. RagingWire/NTT Data Centers and Iron Mountain are each building large facilities in Suburban Chicago, where NYI (New York Internet), Element Critical and SBA Communications have entered the market through smaller deals.

Elk Grove Technology Park, formerly known as Busse Farm, was purchased in early 2018 as part of a $1 billion development project led by Brennan Investment Group. The business park is a focal point for regional fiber optic system infrastructure, and spans 85-acres in the O’Hare marketplace.

“Our latest T5 site has all the characteristics that qualify it as being the best comprehensive data center site in the Midwest,” stated David Horowitz, T5 Data Centers SVP.

Experienced Player in Wholesale Development

T5 Data Centers is a 10-year-old company, and was an early player in the market for build-to-suit wholesale data centers, initially focusing on single-tenant facilities for marquee tenants. T5 helped establish western North Carolina as a key data center destination, and soon expanded to Atlanta, Los Angeles, Portland, Colorado Springs, suburban New York, Chicago and Ireland.

In 2014 the company launched its T5FM facilities management arm, which gained strong traction, adding 11 new facilities as clients in 2018.

Last year T5 Data Centers announced an investment from global real estate company QuadReal Property Group, along with plans to create a platform to provide “holistic” solutions for enterprise and hyperscale users. QuadReal and T5 say they will launch a fully-integrated platform to develop, acquire and operate data centers.

LinkedinTwitterFacebookSubscribe
Mail

Tagged With: Chicago, Chicago Data Center Market, T5 Data Centers

Newsletters

Stay informed: Get our weekly updates!

Are you a new reader? Follow Data Center Frontier on Twitter or Facebook.

About Rich Miller

I write about the places where the Internet lives, telling the story of data centers and the people who build them. I founded Data Center Knowledge, the data center industry's leading news site. Now I'm exploring the future of cloud computing at Data Center Frontier.

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

  • Facebook
  • Instagram
  • LinkedIn
  • Pinterest
  • Twitter

Voices of the Industry

Making Your Data Center Water Positive

Making Your Data Center Water Positive Cem Candir, CEO of Chemstar WATER, provides insights on new innovations in data center water treatment and gives details on how some hyperscalers are making their data centers water positive.

DCF Spotlight

The COVID-19 Crisis and the Data Center Industry

The COVID-19 pandemic presents strategic challenges for the data center and cloud computing sectors. Data Center Frontier provides a one-stop resource for the latest news and analysis for decision-makers navigating this complex new landscape.

An aerial view of major facilities in Data Center Alley in Ashburn, Virginia. (Image: Loudoun County)

Northern Virginia Data Center Market: The Focal Point for Cloud Growth

The Northern Virginia data center market is seeing a surge in supply and an even bigger surge in demand. Data Center Frontier explores trends, stats and future expectations for the No. 1 data center market in the country.

See More Spotlight Features

White Papers

disaster recovery

Far Enough to be Safe, Close Enough to be Fast: A Field Guide for Adding Geographic Diversity to Your Disaster Recovery Plan

Mission-critical IT operations can be impacted by disasters that are both naturally occurring, such as pandemics, hurricanes, earthquakes, tornados, floods or wildfires – as well as those that are man-made, including cyber attacks, terrorism or the inadvertent failure of infrastructure systems like power grids. Get the new report from Databank that highlights how physical distance is one of the first considerations in designing or selecting a disaster recovery solution.

Get this PDF emailed to you.

We always respect your privacy and we never sell or rent our list to third parties. By downloading this White Paper you are agreeing to our terms of service. You can opt out at any time.

Newsletters

Get the Latest News from Data Center Frontier

Job Listings

RSS Job Openings | Peter Kazella and Associates, Inc

  • Electrical Commissioning Engineer - Ashburn, VA
  • Lead Mechanical Engineer - Data Center Design Build - Denver, CO
  • Principal Engineer - Data Center Division - Phoenix, AZ
  • Data Center Critical Facility Engineer - Chicago, IL
  • MEP Project Manager - Data Center Construction - Salt Lake City, UT

See More Jobs

Data Center 101

Data Center 101: Mastering the Basics of the Data Center Industry

Data Center 101: Mastering the Basics of the Data Center Industry

Data Center Frontier, in partnership with Open Spectrum, brings our readers a series that provides an introductory guidebook to the ins and outs of the data center and colocation industry. Think power systems, cooling, solutions, data center contracts and more. The Data Center 101 Special Report series is directed to those new to the industry, or those of our readers who need to brush up on the basics.

  • Data Center Power
  • Data Center Cooling
  • Strategies for Data Center Location
  • Data Center Pricing Negotiating
  • Cloud Computing

See More Data center 101 Topics

About Us

Charting the future of data centers and cloud computing. We write about what’s next for the Internet, and the innovations that will take us there. We tell the story of the digital economy through the data center facilities that power cloud computing and the people who build them. Read more ...
  • Facebook
  • LinkedIn
  • Pinterest
  • Twitter

About Our Founder

Data Center Frontier is edited by Rich Miller, the data center industry’s most experienced journalist. For more than 20 years, Rich has profiled the key role played by data centers in the Internet revolution. Meet the DCF team.

TOPICS

  • 5G Wireless
  • Cloud
  • Colo
  • Connected Cars
  • Cooling
  • Cornerstone
  • Coronavirus
  • Design
  • Edge Computing
  • Energy
  • Executive Roundtable
  • Featured
  • Finance
  • Hyperscale
  • Interconnection
  • Internet of Things
  • Machine Learning
  • Network
  • Podcast
  • Servers
  • Site Selection
  • Social Business
  • Special Reports
  • Storage
  • Sustainability
  • Videos
  • Virtual Reality
  • Voices of the Industry
  • White Paper

Copyright Data Center Frontier LLC © 2021