Retrofit Atlas

Office parks · Illinois

Former Sears Headquarters

Imported, unreviewedRedevelopedUnder constructionHoffman Estates, IL

Redevelopment, under construction in 2024.

Status nowUnder constructionWikipedia
What it becamedata centerWikipedia
Site size273 acresnewtypes-extraction
Last sale$194.0M · 2023public reporting
Retrofit year2024newtypes-extraction
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Site profile10 elements · what this retrofit is built with · tap a chip for the evidence

Finance and pipeline
Retrofit in the pipelineThis site: …under construction record · all sites with this
Sold since 2020This site: 2023 Compass Data Centers research-deals · all sites with this
Place
30,000+ vehicles a day on an adjacent roadThis site: 45,031 on Higgins Rd fhwa-hpms · all sites with this
County lost 10%+ of retail establishments since 2012This site: -11% census-cbp · all sites with this
County permitting 2,000+ apartment units a yearThis site: 4,853 units, Cook County census-bps · all sites with this
County typical rent $2,000+This site: $2,228/mo zillow · all sites with this
Shrinking countyThis site: -0.7% census-acs · all sites with this
Scale
1M+ sq ft GLAThis site: 2,300,000 sq ft newtypes-extraction · all sites with this
60+ acre siteThis site: 273 acres newtypes-extraction · all sites with this
Strategy
RedevelopedThis site: record · all sites with this

All elements and lists · Trends

Now

StatusUnder constructionWikipedia
StrategyRedevelopment, under constructionWikipedia
New usesdata centerWikipedia
Retrofit year2024newtypes-extraction
RedeveloperCompass Data Centersnewtypes-extraction

Deals and debt

DateEventPricePartiesSource
2023Sold$194.0M closedCompass Data Centers ← Transformcorealogicinc.com

Site context

Housing permits, Cook County (IL), 20244,853 units in 5+ unit buildings, 512 in 2–4, 1,142 single-family; 2023: 3,332 in 5+Census BPS
Other atlas sites nearby1 within 10 km, 17 within 25 km: One Schaumburg Place (3.7 km)computed
Retail trade in the county, 2012 to 202313,577 establishments (-11%); 214,575 jobs (-4%)Census CBP
Housing market in the countytypical home value $340,258 (+6% 1 yr, +23% 5 yr); typical rent $2,228/mo (+5% 1 yr), 2026-09Zillow Research
Traffic on the busiest road within 600 m (2024)45,031 vehicles a day on Higgins Rd (principal arterial, 6 lanes); 1,725 trucks; 9 counted segmentsFHWA HPMS
Site metrics8,425 sq ft GLA per acre; FAR 0.19computed

Summary, model-written

Former Sears HQ (273 acres, Hoffman Estates, IL) sold to Compass Data Centers for $194M in 2023. Now under construction as a data center (new use), with demolition commencing in 2024. Developer confirmed.

Why. Large parcel size (273 acres) and active redevelopment status (under construction) are key factors. No yield metrics available (value_per_acre and parcel_value_total null).

Where it stands. Status: Under construction. No other context (e.g., traffic impact, housing market relevance) directly tied to the project in the record.

For a planner

  • 273-acre site, 3.7km from operating One Schaumburg Place (per cluster data).
  • Traffic: Higgins Rd (6 lanes, principal arterial) handles 45k ADT (2024).
  • No housing market or retail trend data directly applicable to this data center project.

For a developer

  • Compass Data Centers owns the site post-2023 sale. GLA 2.3M sqft (redeveloped from original use).
  • No financial metrics (yield, value_per_acre) available in record.

What we do not know yet

  • No site address, exact demolition timeline, or utility infrastructure details provided.
  • Peer projects (e.g., Glenview Logistics Campus) are referenced but not directly relevant to this assessment.

Generated by qwen3-30b-a3b-64k:latest on Dell 5820 RTX 3090 (Ollama, qwen3-30b-a3b) from the fields, parcels, deals and context layers on this page, with no outside knowledge. It is regenerated when the record changes and has not been checked by a person. How it is made.

Similar sites

  • Logistics Campus, Glenview, IL · Office parks · similar size (232 acres); same strategy: redevelop; also in IL
  • Lakehurst Mall, Waukegan, IL · Malls · similar size (200 acres); same strategy: redevelop; also in IL
  • W. Averell Harriman State Office Building Campus, Albany, NY · Office parks · similar size (330 acres); similar GLA (3,000,000 sq ft); same strategy: redevelop
  • Northland Center, Southfield, MI · Malls · similar GLA (1,800,000 sq ft); same strategy: redevelop

Elsewhere on the web

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Multifamily screen

  • already in play: under construction, approved, or sold to a developer with housing plans
  • 273 acres

Inputs: record fields (size, status) and county Census ACS 2018–2023 figures (growth, rent). How the points work. Not a recommendation.

History and original facts

Acres273newtypes-extraction
Gross leasable area2,300,000 sq ftnewtypes-extraction
CountyCook County
Census division3 · East North Central
NotesDraft from realogicinc.com, model-extracted, unreviewed: The former Sears corporate campus in Hoffman Estates, IL, a 273-acre office park with 2.3 million square feet, is being redeveloped into a data center park with construction starting in June 2024.

Not yet recorded: year opened, original developer, what is there now. Know it? Tell us.

Timeline

  1. 2024 Demolition commenced
  2. 2024 Retrofit: redevelop

Sources

  • CRE Spotlight: The Redevelopment of the Former Sears ... - Realogic
    2 quoted sentences
    Former Sears Headquarters
    In June 2024, a ceremony with officials from The Village of Hoffman Estates, Compass Data Centers and ComEd, the local electrical utility who will provide the massive amounts of electricity needed to power the new data centers, was held at the site to mark the start of the years-long project, and de

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