Business · Datacenter Dynamics
Karis eyes potential data center development outside Chicago, Illinois
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Real estate firm Karis is potentially targeting a new data center development outside Chicago, Illinois.
Key facts
- The Naperville Sun/Chicago Tribune reports that Karis Critical is considering the purchase of the 168-acre INEOS property, formerly the BP campus, at 150 W
- BP sold its petrochemicals business to Ineos in a $5bn deal in 2020, with the campus part of the deal
- Karis’ proposal could reportedly see a 125,000 sq ft (11,613 sqm) data center developed, alongside more than 1 million sq ft (92,903 sqm) of manufacturing space
- The Naperville R&D complex was previously operated by US oil and chemical firm Amoco, dating back to the 1960s/70s, and later taken over by BP after a 1998 acquisition
Summary
The Naperville Sun/Chicago Tribune reports that Karis Critical is considering the purchase of the 168-acre INEOS property, formerly the BP campus, at 150 W. A memo seen by the publication, and confirmed by Karis to the Sun, suggests the company briefed local officials on Karis’ plans for the site at a meeting last month and was seeking feedback. Karis spokesperson Patrick Skarr told the Sun that the company requested the meeting, but noted discussions are in an early stage, and no plans have been finalized. “We have no pending proposal for the 168-acre campus,” Skarr said.