A developer is looking to build a data center campus outside Chicago in northwest Indiana.
As reported by NWI Times and the Chicago Post-Tribune, Agincourt Investments LLC is exploring developing a data center in the city of Valparaiso.
Valparaiso is the county seat of Porter County in northwest Indiana – some 50 miles southeast of Chicago and 15 miles from the shore of Lake Michigan.
Agincourt is reportedly investigating the feasibility of a data center campus on farmland east of Indiana 49 between County Road 400 North and County Road 500 North, according to Valparaiso's director of development, George Douglas.
The 249-acre site was previously acquired by the city as part of a plan by former Mayor Matt Murphy to develop a sports complex comprising seven fields. The project was set to be funded with American Rescue Plan funding, but costs were higher than expected and the new administration last year scrapped the project. In December, the Redevelopment Commission started looking for alternative proposals for the property.
Agincourt has a purchase option agreement with the city’s Redevelopment Commission signed last month that gives it exclusive rights to buy the land for $9 million – pending its investigations. The company is looking to develop on around 180 acres, with the rest remaining with the city.
Agincourt hasn’t submitted any plans to the Valparaiso planning commission or city council yet, but the agreement notes the project would include four two-story buildings, each spanning 157,000 sq ft (14,585 sqm). Further details haven’t been shared.
The company is described as a “well-capitalized developer with developments in Northwest Indiana and the United States.”
“Agincourt Investments LLC is an experienced real estate developer that is well capitalized. Over 30+ years, Developer has acquired or developed over 50 million square feet in real estate,” the company said in the purchase agreement.
Though Indianapolis is the state’s major data center market, the northwest region of the Hoosier State is gaining traction as developers seeking data center opportunities overspill across the state border from Chicago.
Karis Critical is seeking to develop a nine-building campus on a 180-acre site in Merriville; Wylie Capital is looking to build a 1.2 million sq ft (111,480 sqm) data center site in the city; and Province Group is targeting a 1 million sq ft (92,900 sqm) campus there.
Provident Realty recently proposed a seven-building campus in nearby Burns Harbor. Provident also proposed an eight-building data center campus in Chesterton in May 2024, but saw the plans rejected.
Amazon, Microsoft, and Google have all announced data center builds in Indiana, specifically in New Carlisle, Mishawaka, and Fort Wayne, respectively. Amazon is also said to be developing in Portage.
Meta, US Signal, DataBank, Netrality, Vantage, and Digital Crossroads all have a presence in Indiana.
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