In February 2018, CoreSite acquired a two-acre land parcel in downtown Chicago, Illinois, on which CoreSite built CH2, a greenfield development of a 175,000-square-foot, turn-key, four-story data center supporting 18 critical megawatts of power capacity. The building was completed in June 2020.
CoreSite currently expects to commence construction on CH2 at the end of 2018 or the beginning of 2019, with timing dependent upon the receipt of necessary entitlements and permits. CoreSite expects to construct the building in three phases, consisting of 6 megawatts of capacity per phase, with a total estimated cost of $190 to $210 million at full build-out.
CoreSite’s CH2 enterprise-class data center will be located one mile from its existing CH1 facility and network node, and CoreSite plans to connect the two sites via diverse, high-count, dark fiber to create the type of campus interconnectivity most valued by its scale customers. CoreSite’s centralized downtown location, adjacent to the Board of Trade, continues to differentiate its data center offering, providing access to exceptionally low-latency connections for the many financial, healthcare, and media companies in this market. Source: CoreSite Press Release
A dedicated onsite vault was built for ComEd
| Distance | Site name | SqFt | MW |
|---|---|---|---|
| 0.58 miles | DataBank (ORD2) 840 S Canal | 10,000 | 2 |
| 0.58 miles | Server Farm Realty 840 South Canal | 20 | |
| 0.63 miles | First Communications Chicago | ||
| 0.65 miles | TierPoint Chicago Polk | 25,000 | 2 |
| 0.80 miles | 725 S Wells - 1547 Critical Systems | 42,000 | 5 |
| 0.80 miles | Steadfast Chicago 725 Wells | 30,000 | 5 |
| 0.80 miles | Colo@ Chicago | 2 | |
| 0.80 miles | Crown Castle 725 S Wells | 1 | |
| 0.80 miles | Atlantic Metro ORD3 | 10,000 | 1 |
| 0.82 miles | Netrality Chicago: 717 S Wells | 100,000 |
CH1/CH2 Data Sheet (PDF)
Oct 31, 2022 | Posted by Abdul-Rahman Oladimeji | CoreSite
Investment company Stonepeak has increased its investment in CoreSite by $570m. The data center company was acquired in 2021 by American Tower Corporation for $10 billion. After the acquisition, Stonepeak invested $2.5 billion in the data center company in the summer. Stonepeak’s new investmen...
Oct 05, 2022 | Posted by Abdul-Rahman Oladimeji | CoreSite
CoreSite has announced the acquisition of a data center in Miami, Florida. The data center acquired is a purpose-built 9,550 square meter (103,000 square feet) facility located at 2100 NW 84th Avenue. The company didn’t reveal the terms of the transaction. CoreSite is naming the new data cente...
Jul 15, 2022 | Posted by Abdul-Rahman Oladimeji | American Tower Corporation
Stonepeak has revealed that it is acquiring a 29 percent stake in American Tower’s Coresite data center business. The investment firm will pay $2.5 billion for the stake in the business. The deal is expected to close in Q3 2022, subject to customary closing conditions. According to an announce...
Jun 09, 2022 | Posted by Abdul-Rahman Oladimeji | CoreSite
CoreSite has integrated three data centers from American Tower into its data center portfolio. The data centers are located in Florida and Georgia. The three data centers are Orlando OR1, located at 9701 S. John Young Parkway, Orlando, Atlanta AT1, located at 55 Marietta Street NW, Atlanta), a...
Mar 04, 2022 | Posted by Abdul-Rahman Oladimeji | CoreSite
CoreSite has announced that it has gotten approval from Santa Clara’s Planning Commission for the development of a 200,000 square foot (18,500 square meters) 34MW data center in Silicon Valley. The facility is located at 2905 Stender Way. Coresite only got the approval after going through disc...
