{"comps": {"land": [], "powered_shell": []}, "hero": {"composite_score": null, "computed_at": "2026-11-12T08:45:14.182679+00:00", "constraint_score": null, "excess_power": null, "iso": "PJM", "lat": 41.87, "lng": -87.63, "name": "Chicago", "queue_wait_months": null, "slug": "chicago", "state": "IL", "time_to_power_mo": null, "time_to_power_months": null, "verdict": "AVOID"}, "is_pro": true, "kpis": {"facility_count": 284, "headline_basis": "every facility listing DC Hub tracks in this market (operational, under construction, planned and announced; verified and unverified listings included), deduplicated by name + operator across the facilities and discovered_facilities tables. MW is summed over the listings that report capacity (mw_reporting_count of facility_count), so read it as a floor.", "lease_rate": null, "mw_reporting_count": 31, "operational_mw": 1298.0, "pipeline_mw": 0.0, "queue_months": null, "top_operator": {"facility_count": 16, "name": "Digital Realty"}, "total_mw": 1383.0, "unverified_included": true, "vacancy_pct": null}, "live_as_of": {"age_hours": 0.1, "iso": "2026-11-12T08:45:14.182679+00:00"}, "ma": [{"buyer": "DigiCo Infrastructure REIT", "date": null, "mw": null, "seller": null, "type": "sale", "value": 750.0, "value_unit": "USD millions"}], "ok": true, "open_access": "Open to every caller: this is one of the 20 largest US data-center markets by tracked capacity, and its full market briefing (grid, risk, time to power, scores) is free.", "operators": [{"facility_count": 16, "operator": "Digital Realty", "ranked_by": "facility_count", "total_mw": 102.0}, {"facility_count": 6, "operator": "NTT", "ranked_by": "facility_count", "total_mw": 115.0}, {"facility_count": 5, "operator": "CyrusOne", "ranked_by": "facility_count", "total_mw": 100.0}, {"facility_count": 5, "operator": "Equinix", "ranked_by": "facility_count", "total_mw": 80.0}, {"facility_count": 4, "operator": "TierPoint", "ranked_by": "facility_count", "total_mw": 10.0}], "outlook": {"generated_at": "2026-11-09T09:01:45.213874+00:00", "narrative_md": "# Chicago Data Center Power & Supply Brief\n\nChicago's tracked data center footprint spans 284 facilities totaling 1,383 MW across all phases\u2014operational, under construction, and planned\u2014with Digital Realty, NTT, CyrusOne, and Equinix operating the largest portfolios at 16, 6, 5, and 5 sites respectively. The market remains the Midwest's primary data center hub, hosting 170 facilities in suburban zones alone according to recent local coverage. Regulatory attention is mounting, with Illinois state leadership and local municipalities actively shaping development policy around future capacity expansion.\n\nThis verdict reflects the current state of power and supply dynamics\u2014not market desirability or operator demand\u2014but it does signal that siting or expanding capacity here will require direct engagement with utility infrastructure, interconnection queues, and potentially off-site power solutions.\n\nRecent M&A activity shows selective institutional movement. Digital Realty's Chicago-area acquisition activity aligns with the operator's presence across 16 tracked facilities here. Smaller operators and regional players appear less active in recent registry tracking, while hyperscaler investment patterns (visible in suburban land purchases noted in local reporting) suggest forward positioning ahead of clearer power-access pathways.", "rationale": null, "verdict": "AVOID", "word_count": 251}, "pipeline": [], "power_grid": {"gen_additions_mw": 1690.2, "interconnection_pending_mw": 298922.2, "iso": "PJM", "iso_queue": {"as_of": "2026-11-12", "as_of_basis": "live_feed_fetch_date", "basis_note": "Active serial + Transition Cycle (TC1/TC2) + Cycle 1 generation requests, sum of MFO (maximum facility output, not firm MW capacity); excludes transmission-service requests, In Service and Withdrawn. Since 2026-10-20 this total includes PJM's Cycle 1 requests, which the serial export alone did not list (that is why it rose from ~135 GW); not a PJM refresh", "iso": "PJM", "queue_kind": "generation_queue", "queued_generation_gw": 373.6, "source_files": [{"file_date": null, "gw": 133.22, "rows": 626, "url": "https://services.pjm.com/PJMPlanningApi/api/Queue/ExportToXls"}, {"file_date": null, "gw": 240.37, "rows": 617, "url": "https://www.pjm.com/m/ProjectTransition/GenerateExcelTransitionProjectsAll"}], "source_name": "PJM cycle + serial service request status (active generation requests, sum of MFO)", "source_url": "https://www.pjm.com/planning/m/cycle-service-request-status"}, "queue_capacity_mw": 92084.8, "queue_wait_months": null, "reserve_margin_pct": null, "time_to_power_as_of": "2026-11-12T08:45:14.182679+00:00", "time_to_power_basis": "DCPI modelled months to energize a new large load in this market (method: https://dchub.cloud/dcpi/methodology); a model estimate, not a utility date", "time_to_power_months": null}, "redirect_to": null, "requested": "chicago", "risk": {"drought_months_d2_plus": null, "errors": {"drought_months_d2_plus": "no_drought_source_ingested"}, "water_band": 2, "water_band_label": "Low-Medium", "water_category": "mean of 48 Aqueduct 4.0 baseline-annual basins (arid counted as ", "water_stress": 28.6, "wildfire_seismic_note": null}, "slug": "chicago", "tier": "FREE", "_gated": true, "_locked_fields": ["constraint_score", "excess_power", "excess_power_score", "reserve_margin_pct", "time_to_power_mo", "time_to_power_months", "top_opportunities_json", "top_risks_json"], "_upgrade_cta": "BUILD/CAUTION/AVOID verdicts, the composite score and the market list are free. The DCPI sub-scores (excess-power, grid-constraint, time-to-power) and risk/opportunity detail unlock with the DC Hub plan with every tool: https://dchub.cloud/pricing."}