Office parks · Illinois
Former Sears Headquarters
Redevelopment, under construction in 2024.
Solid = from the authors' map · outlined = public source · dashed = model-written, not yet reviewed by a person. Tap any value's source label to see where it came from.
Site profile10 elements · what this retrofit is built with · tap a chip for the evidence
Retrofit in the pipeline
This site: …under construction record · all sites with thisSold since 2020
This site: 2023 Compass Data Centers research-deals · all sites with this30,000+ vehicles a day on an adjacent road
This site: 45,031 on Higgins Rd fhwa-hpms · all sites with thisCounty lost 10%+ of retail establishments since 2012
This site: -11% census-cbp · all sites with thisCounty permitting 2,000+ apartment units a year
This site: 4,853 units, Cook County census-bps · all sites with thisCounty typical rent $2,000+
This site: $2,228/mo zillow · all sites with thisShrinking county
This site: -0.7% census-acs · all sites with this1M+ sq ft GLA
This site: 2,300,000 sq ft newtypes-extraction · all sites with this60+ acre site
This site: 273 acres newtypes-extraction · all sites with thisRedeveloped
This site: record · all sites with thisNow
| Status | Under constructionWikipedia |
|---|---|
| Strategy | Redevelopment, under constructionWikipedia |
| New uses | data centerWikipedia |
| Retrofit year | 2024newtypes-extraction |
| Redeveloper | Compass Data Centersnewtypes-extraction |
Deals and debt
| Date | Event | Price | Parties | Source |
|---|---|---|---|---|
| 2023 | Sold | $194.0M closed | Compass Data Centers ← Transformco | realogicinc.com |
Site context
| Housing permits, Cook County (IL), 2024 | 4,853 units in 5+ unit buildings, 512 in 2–4, 1,142 single-family; 2023: 3,332 in 5+Census BPS |
|---|---|
| Other atlas sites nearby | 1 within 10 km, 17 within 25 km: One Schaumburg Place (3.7 km)computed |
| Retail trade in the county, 2012 to 2023 | 13,577 establishments (-11%); 214,575 jobs (-4%)Census CBP |
| Housing market in the county | typical 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 metrics | 8,425 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
Search images: Google · Bing · Commons · references: ULI case studies · Google Scholar
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
| Acres | 273newtypes-extraction |
|---|---|
| Gross leasable area | 2,300,000 sq ftnewtypes-extraction |
| County | Cook County |
| Census division | 3 · East North Central |
| Notes | Draft 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
- 2024 Demolition commenced
- 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
More in Illinois
MegamallChicago, IL · 2015Redeveloped · Redevelopment: residential mixed-use
Park Forest PlazaPark Forest, IL · 2001Partial Redeveloped · Partial redevelopment: civic, residential, new streets
Randhurst MallMount Prospect, IL · 2010Redeveloped · Redevelopment: mixed use, new streets
Spring Hill MallWest Dundee, IL · 2015Partial Redeveloped · Partial redevelopment, open air streetSt Charles MallSt Charles, IL · 2016Redeveloped · Redevelopment: residential, new streets