Data Center News

Plug Power Plans to Sell its New York site to Stream Data Centers

US hydrogen developer Plug Power has agreed to sell a New York site, originally planned to host a clean hydrogen project, to Stream Data Centers for $132.5 million. The hydrogen developer has signed a definitive agreement to sell its Project Gateway site at the STAMP industrial park in New Yor...

March 03, 2026

Stream Data Centers

New Firm Announces Plans for 20MW Liquid-Cooled Data Center

A new liquid-cooled data center is being developed in downtown Chicago, Illinois by HydraVault, a new data center developer. The developer says the facility will be “designed from the ground up” for AI and financial systems.The 20MW two-story facility, located at 2538 South Wabash Avenue, will...

September 12, 2025

Chicago

Apollo to Acquire Stream Data Centers

US data center firm Stream will be acquired by Apollo Global Management following announcement that Apollo-managed funds have agreed to acquire a majority interest in Stream Data Centers (SDC) from Stream Realty Partners, a commercial real estate firm.Apollo said it is set to potentially deplo...

August 07, 2025

Stream Data Centers

Prologis sells Chicago warehouse to HMC Capital

Prologis has sold a data center development in Chicago, Illinois to HMC Capital. The industrial real estate giant said the warehouse is held in the US Logistics Fund, a Prologis co-investment vehicle focused on premier logistics real estate, including higher and better-use conversions.HMC Capi...

December 12, 2024

Chicago

Colovore to expand footprint of liquid-cooled colocation data centers beyond Silicon Valley

Colovore is to expand its footprint of liquid-cooled colocation data centers beyond Silicon Valley and into Reno and Chicago. The company this week announced its second facility in Santa Clara, California, will open next month, and confirmed the locations of its next two sites.“We are staying ...

November 20, 2024

Chicago

Stream DC files for 200MW campus expansion in Phoenix

Stream Data Centers has submitted plans to build a 2 million-square-foot data center campus in the Goodyear neighborhood of Phoenix, Arizona. Last week, the Goodyear Planning and Zoning Commission approved Stream's request to rezone 104 acres on Litchfield Road and Lower Buckeye Road from I-1 ...

July 10, 2023

Stream Data Centers

Data center expansion targetted in Elk Grove, Chicago

The Elk Grove area of Chicago is being targeted as a site of data center expansion by numerous operators. Aligned, Stream and Nexstar are all seeking to develop data centers in the area. Aligned, for example, is planning to demolish three office buildings it acquired for $29 million, along No...

July 06, 2023

Stream Data Centers

The site plan for Metro Edge Development Partners' Chicago data center approved

The Chicago, Illinois data center of commercial real estate finance firm Metro Edge Development Partners has been granted site approval. The corporation received site plan approval for its IMD1 data center from the Chicago Department of Planning and Development this month.IMD1 will be a five-s...

June 29, 2023

Chicago

Edged Energy begins work on Chicago facility

Edged Energy has announced that work has commenced on its new facility in the Aurora area of west Chicago, Illinois.Together, with Seefried Industrial Properties, Inc., the company broke ground on the new 65-acre, multi-building data center campus, its first in Illinois, and nearby CyrusOne fa...

May 25, 2023

Chicago

JLL Seeking Buyers For Property in Chicago Billed as Potential 50MW Data Center Development

JLL is looking to sell a plot of land outside Chicago, Illinois. The land is being touted for data center development. JLL’s Regional Director, Sean Reynolds, posted on LinkedIn about the land. He said: “Looking for a Chicago area data center development site with quick access to 50 megawa...

December 15, 2022

Chicago

Metro Edge Development Partners To Develop 21MW Facility in Chicago

Metro Edge Development Partners has announced its plans to develop a new data center in Chicago, Illinois. The real estate investment firm has already secured a 75-year lease on a 1.97-acre land in the Illinois Medical District (IMD). In addition, the company has the exclusive rights to dev...

October 03, 2022

Chicago

Stream Data Centers Announces New Investment Vehicle For Data Centers

Stream Data Centers has announced the launch of a new investment vehicle to make investments in stabilized facilities across the United States. The company revealed that it would use the new investment platform to make wholly-owned investments in data center opportunities in the country, fo...

May 17, 2022

Stream Data Centers

Stream Data Centers makes moves in Texas

Stream Data Centers has announced that it is planning a new facility in Wilmer in Dallas County, Texas, near Interstate 45. That said, the company is yet to make an official announcement and news of the new development comes from planning filings picked up by Dallas News. As per the report pub...

May 16, 2022

Stream Data Centers

Chris Bair joins Stream Data Centers as SVP of Sales

Chris Bair has joined Stream Data Centers as the SVP of Sales and Leasing. Bair, who has arguably the quickest wit in the industry, has over 20 years of experience in the sector. Bair started his career as a Pilot and Captin in the US Air Force. Had a stint at Time Warner Telecom before joi...

December 12, 2019

Stream Data Centers

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