Stream Data Centers, a company with 23 colocation data center campuses throughout North America, has commissioned the first phase of its newly constructed 15-Megawatt, 127,000 square feet colocation data center in Elk Grove Village, Chicago.
Elk Grove Village in Chicago is one of the largest peering and interconnection markets in the United States. Twenty-two miles from downtown Chicago and less than 9 miles from the O’Hare International Airport, it would offer an ideal combination of accessibility and stability to Stream’s clients.
Stream Data Centers’ new Chicago I Data Center would benefit from the attractive sales tax incentives that were signed into law in October of 2019. The tax incentives are part of the state’s $45 billion capital budget. This has been put in place to help drive the digital economy in Illinois and provide new IT and construction jobs. These tax exemptions apply to both data center construction and the IT equipment purchased by Stream’s tenants. It would reduce the cost for colocation data center customers when deploying in Illinois.
Hyperscale, Build-to-Suit, Private Data Centers
“Expanding into Elk Grove Village is an important move for Stream Data Centers,” said Rob Kennedy, Co-Managing Partner at Stream Data Centers. “Chicago has long been among the most important data center hubs in the country. Economic benefits such as low energy costs and outstanding Illinois state tax incentives help ensure the growth will continue. Stream has been pleased with the quality of the labor force, central location, and access to key carriers and cloud providers available in Elk Grove Village.”
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Stream Data Centers provides hyperscale, build-to-suit and private data centers across the United States with a wide array of expert data center services including connectivity, facilities management, and energy procurement.
“We’ve been very pleased with the work done by our partners on this project including Clune Construction, Corgan and kW Mission Critical Engineering,” said Chris Kincaid, Senior Vice President of Design and Construction at Stream Data Centers. “Working together, the teams overcame the additional challenges presented by the pandemic while maintaining Stream’s commitment to safety. The end result is the on-time delivery of an outstanding data center facility.”