Ascent announced this week that it had plans to build a new $200 million data center in downtown Chicago. The new CH3 Data Center is a multi-tenant data center development featuring build-to-suit infrastructure for companies seeking to build or lease wholesale data center space. Ascent, a leading provider of comprehensive solutions for the development, design, engineering, construction and operation of data centers, is teaming with Sterling Bay Cos. to renovate a property on South Desplaines Street.
"CH3 is incredibly flexible, unlike the standard multi-story data centers in Chicago, making it adaptable to new technology and server rack designs that some of the older constructions are unable to accommodate," said Phil Horstmann, CEO of Ascent. "Downtown Chicago is an attractive location for data center space, but previously didn't offer the options the market is now demanding. We're talking with companies about their current data center needs and developing CH3 to meet those market demands."
Ascent plans to tear down about half of the existing building and retrofit the rest, with demolition beginning within 30 days, according to a Chicago Tribune article. The CH3 Data Center at 717. S Desplaines will eventually be 212,000 to 560,000 square feet of space, depending on demand.
For more news and information visit Blumberg Capital Partners.
No comments:
Post a Comment