T5 Data Centers Expands Chicago Footprint with Acquisition of Fifth Data Center (CHI V) in Elk Grove Village
ATLANTA, March 26, 2025 /PRNewswire/ — T5 Data Centers (T5), the data center industry’s only Forever On capacity and integrated lifecycle services provider, announced the acquisition of their CHI V data center site in Elk Grove Village. This acquisition underscores T5’s agility in finding high-quality data center assets in one of the country’s most dynamic data center markets.
The newly acquired property is situated in the heart of the Chicago data center market, boasting a prime location within a high-demand data center ecosystem. CHI V offers access to critical infrastructure and connectivity on seven acres currently zoned for data center use. Plans for the site’s development include a new 220,000 sq. ft. facility to support high-density cloud and artificial intelligence (AI) applications. The facility will offer 36 MW of critical IT capacity, ensuring a robust and reliable infrastructure to meet the growing demand for these applications. CHI V is slated for occupancy in 2028.
David Horowitz, Senior Vice President Head of Leasing at T5 Data Centers, said:
We have completed the necessary steps to secure utility power with ComEd and will begin construction shortly to meet the growing demand from our customers.
“This capacity will be delivered at a critical time, as available data center space in this key market is limited,”
The acquisition of CHI V represents an exciting expansion in a core growth market for T5 Data Centers and its customers, showcasing T5’s ability to identify a high-quality data center site and to execute the transaction quickly. CHI V is the newest among four other regional data center sites located in Grayslake, Northlake, and Elk Grove Village.
Pete Marin, CEO & President, T5 Data Centers, says:
This development will mark T5’s fourth project in the O’Hare submarket in recent years.
“We have made substantial investments in both capital and dedicated resources to build strong, strategic relationships with trusted suppliers and partners in Illinois. This project will be a valuable complement to our 1.2 GW large-scale campus currently underway in Grayslake,”
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T5 Data Centers Expands Chicago Footprint with Acquisition of Fifth Data Center (CHI V) in Elk Grove Village, source
