HydraVault secures permit to build downtown Chicago AI data centre
Yahoo Finance·2025-10-29 11:14

Core Insights - HydraVault has received a construction permit for a next-generation data center in downtown Chicago, marking the city's first purpose-built facility for AI and financial applications [1][5] - The data center is designed to support high-demand applications such as AI inferencing, large-scale model training, and low-latency financial trading, with initial user access expected by December 2026 [1][4] - The facility will feature advanced infrastructure, including rack densities up to 200kW and 20MW of available power, catering to AI-enabled operations [2][3] Infrastructure and Design - The data center will implement a closed-loop waterless cooling system aimed at enhancing energy efficiency, with a projected annual power usage effectiveness rating of 1.19 [3] - Gensler, the design firm, emphasizes the facility's role in setting new standards for innovation and sustainability in next-generation data centers [2][3] Strategic Importance - The data center is positioned as a strategic differentiator for firms in AI, machine learning, and financial services within the Chicago area, according to HydraVault's founder [4] - The project involves collaboration with various partners, including Syska Hennessy Group for engineering services, highlighting a community-focused approach to construction [4][5] Construction Management - Power Construction Company, known for its expertise in technical builds, will manage the construction and engage with the local community throughout the process [5] - The project is seen as a significant step in establishing purpose-built AI infrastructure in Chicago, utilizing advanced construction techniques [5]