Trending
Latest

CloudHQ plans to bring $2.5bn Chicago data center online by 2024

If approved, the 43.58 acres campus could join the operator’s other largescale proposals that include a $2.3 billion data centre park in France.

By João Marques Lima

Founder and Editor, The Tech Capital

3 Mins

December 20, 2021 | 6:00 AM GMT

Data centre operator CloudHQ, LLC, part of the Fateh Family Office, is seeking permission to build a US$2.5 billion data centre in the Chicago region, Illinois.

The operator, known for its largescale projects, intends to erect a 252MW, 1.7 million square feet campus in Mount Prospect, 20 miles northwest of downtown Chicago.

Related Article

The Tech Capital Fateh Family Office plans for France’s largest data centre with potential $2.3bn investment

Plans for what could become France’s largest data centre project to date have been submitted by W…

The project was detailed in a recently filled application with the Cook County Clerk’s Office.

In the documents, it is revealed that CloudHQ intends to demolish the existing office campus used by United Airlines and adjacent parking lot to construct three data centres and a new substation in conjunction with Commonwealth Eddison.

Each data centre, named ORD1, ORD2, and ORD3, is set to comprise 566,767 square feet of gross floor area, 84MW and cost $840 million individually.

Should the project be approved, CloudHQ is projecting that permit review and approval by all applicable entities would not be completed until mid-2022.

Demolition works of the existing campus would not be completed until Q4 2022 and the operator plans to construct one data centre at the time.

Each building is set to take 18 months to construct with the first one set to be brought online by the end of the first quarter of 2024.

The third and final building is projected to be fully built by the fourth quarter of 2026.

CloudHQ projects the centre will generate between 75 and 150 permanent jobs with an average annual salary of $70,000 and up. Up to 900-1,000 construction personnel is set to take the facility off the ground.


Daily

Daily Brief

A morning briefing on what you need to know in the day ahead, including exclusive commentary from Tech Capital's writers

Login or Register to comment on this article

Listen to this article
Share this article
Keywords
More From

João Marques Lima

Founder and Editor, The Tech Capital

Related Articles