Facebook is set to build an $800M server farm outside Chicago

New tax incentive law credited with helping bring 900K sf server farm to Dekalb

Chicago /
Jun.June 30, 2020 02:15 PM
Mark Zuckerberg and Facebook's proposed data center in Dekalb (Mandel Ngan/AFP/Getty)

Mark Zuckerberg and Facebook’s proposed data center in Dekalb (Mandel Ngan/AFP/Getty)

There will soon appear a very different type of farm in DeKalb, Illinois – a horde of servers corralled by Farmer Facebook.

The data center, which will help power the social media giant’s network, will span over 900,000 square feet and cost more than $800 million to build and furnish with the necessary computer equipment, according to Crain’s. It will be Facebook’s 12th data center in the U.S.

“Illinois has been on our list of targeted states for a while. The DeKalb location was at the top of that list,” said Rachel Peterson, Facebook’s vice president for data center strategy, in an interview with Crain’s.

Facebook’s new facility will be nearly as large as the 1.1 million-square-foot Digital Realty facility, which is one of the world’s largest data centers, although it hosts multiple customers.

Krusinski Construction will be doing the infrastructure for the park and the project. The facility is set to open in 2022.

The move follows a new tax-incentive law that Illinois passed last year in hopes to attract more server farms.

Chicagoland’s industrial real estate sector has remained strong despite the pandemic. In June, Amazon announced that it will build two fulfillment centers in Matteson and Markham.

Outside of Illinois, investors have been eyeing the market in recent years. Last year, Blackstone Group shelled out $18.7 billion for 179 million square feet of industrial space in one of the largest real estate deals in history.

[Crain’s Chicago Business] — Sasha Jones


Related Articles

arrow_forward_ios
Elk Grove Village to get $1B data center project
Elk Grove Village to get $1B data center project
Elk Grove Village to get $1B data center project
Faropoint CEO Adir Levitas and the facility (LinkedIn via Levitas, Colliers)
Faropoint adds 43,500-square-foot industrial facility in Mount Prospect, aiming to expand Chicago portfolio
Faropoint adds 43,500-square-foot industrial facility in Mount Prospect, aiming to expand Chicago portfolio
Faropoint CEO Adir Levitas with the Elk Grove property (Faropoint, LinkedIn via Levitas)
Faropoint pays $14M for Elk Grove logistics warehouse amid surging market
Faropoint pays $14M for Elk Grove logistics warehouse amid surging market
E-commerce demand has Chicago warehouse vacancies near historic lows
E-commerce demand has Chicago warehouse vacancies near historic lows
E-commerce demand has Chicago warehouse vacancies near historic lows
Bloomingdale Business Center at 300 Madsen Drive
Trestle Fulfillment nestles into new warehouse lease
Trestle Fulfillment nestles into new warehouse lease
3835 Youngs Road and a rendering of the Abt Electronics warehouse in Glenview (Meridian Design Build via Vimeo, Abt)
Chicago real estate is all about warehouses these days
Chicago real estate is all about warehouses these days
Apollo Global CEO Marc Rowan with the property (Apollo, LoopNet)
Apollo Global gulps down Dr. Pepper bottling plant
Apollo Global gulps down Dr. Pepper bottling plant
Sam Zell of Equity Commonwealth and Michael Landy of Monmouth Real Estate Investment (Getty, ACRE)
Sam Zell agrees to acquire Monmouth Real Estate for $3.4B
Sam Zell agrees to acquire Monmouth Real Estate for $3.4B
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...