Metro Edge Development Partners

What Metro Edge Development Partners does

Metro Edge Development Partners is a Chicago-based private commercial real estate investment and development firm founded in 2020. It pursues technology-driven, institutional-quality projects in underserved urban communities, with its flagship project being IMD1, a planned colocation facility in the Illinois Medical District. The project is being developed on a 1.97-acre parcel under a 75-year ground lease and is designed to provide 174,900 square feet of data center space, 53 MW of total power capacity, and 28 MW in its initial phase. Its intended tenant base includes healthcare, educational, government, and financial institutions, as well as life-sciences and biotech organizations.

Name

Metro Edge Development Partners

Legal name

Metro Edge Development Partners, LLC

Website

https://medp.io

Company type

Private

Founded year

2020

Operating status

Operating

Headcount range

1–10 employees

Short description

Metro Edge is a Chicago-based commercial real estate developer building IMD1, a planned carrier-neutral colocation facility in the Illinois Medical District serving healthcare, education, government, finance, and life-science tenants through customized enterprise leases.

Ownership category

akta.pro rank

Product category

Data Center Colocation Services

SIC

Services-Facilities Support Management Services (8744)

akta.pro primary industry

Interconnection-Focused Colocation (IX / Meet-Me-Room Ecosystems) (HDABACAF)

akta.pro secondary industries

Carrier Hotels & Network-Dense Colocation (HDABACAE), Edge Networking & SD-WAN/uCPE for Edge Sites (HDABAOAE)

Keywords

• Data center development
• Colocation services
• Commercial real estate
• Healthcare data infrastructure
• Carrier-neutral connectivity

Headquarters

HQ city

Chicago

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Infrastructure, Operations, Technology or R&D, Marketing or Sales

Revenue model

1. Data Center Colocation and Lease: Revenue generated through leasing data center space to enterprise customers including healthcare providers, educational institutions, government agencies, and financial organizations. The company offers flexible lease structures with options for customization based on tenant requirements.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels8 records

Core offering

Metro Edge Development Partners develops and operates institutional-grade, high-performance data center facilities in Chicago, with its flagship IMD1 Data Center offering 174,900 SF of colocation space with 53 MW total power capacity, Tier III design standards, seven layers of physical security, and carrier-neutral low-latency connectivity for healthcare, education, government, and financial-services tenants.

Product overview

Metro Edge Development Partners operates a single flagship product: the IMD1 Data Center, a 174,900 SF high-performance colocation facility located in Chicago's Illinois Medical District. The offering is structured as a commercial data center development providing wholesale and colocation space to institutional tenants, with 53 MW of power capacity, seven layers of physical security, and carrier-neutral connectivity. The data center is designed to serve healthcare, biotech, government, and educational organizations within the IMD ecosystem, with proximity to 350 E. Cermak and multiple network carrier partners.

Differentiator

Problem solved

Functional benefit

Products and services

• IMD1 Data Center A flagship 174,900 square foot, 4-story high-performance colocation data center located in Chicago's Illinois Medical District, offering 53 MW total power capacity (28 MW initial phase), seven layers of physical security, biometric access, Tier III design with N+1 and 2N redundancy options, LEED-targeted design with Water Usage Efficiency of 0, renewable power options, and carrier-neutral low-latency connectivity including 11 on-net carriers, Megaport/Packetfabric SDN, CH-IX peering, and proximity to the 350 E Cermak carrier hotel. Designed for healthcare, educational, government, financial, and life-sciences organizations.

Quantifiable outcome

• Expected to generate millions of dollars of new tax revenue for Illinois
• +3 more outcomes

Named customers3 records

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration4 records

Feature5 records

Partnerships

13 partnerships are on record, tiered core, strategic and support.

• CorgancoreImplementation/ SI/ Consulting Partner · 30 November 2022Premier national architecture and design firm with over 600 employees across 14 offices. Corgan is the #1 data center architect in the U.S. having designed over 1,500 data centers worldwide. Leads the architectural, design and engineering process of IMD1.
• Clune ConstructioncoreImplementation/ SI/ Consulting Partner · 30 November 2022World-class national construction company with experience constructing 450MW of data centers over the past four years. Lead general contractor responsible for building IMD1 in partnership with Power and Ujamaa.
• Power ConstructioncoreImplementation/ SI/ Consulting Partner · 30 November 2022One of the largest and most respected general contractors in Chicago with annual revenue exceeding $1B. Co-general contractor responsible for building IMD1 in partnership with Clune and Ujamaa, with 12 projects completed in the Illinois Medical District.
• Ujamaa ConstructioncoreImplementation/ SI/ Consulting Partner · 30 November 2022The largest minority owned contractor in the Midwest completing over 1,000 projects and $2.6B of joint venture revenue since its founding in 2002. Co-general contractor responsible for building IMD1 in partnership with Clune and Power.
• T5 Data CenterscoreTechnology or Integration · 30 November 2022Full lifecycle data center partner providing customized build-to-suit, wholesale turnkey or powered shell data centers, critical facility construction, and ongoing facility management. T5 currently operates over 500 MW of critical load across 55 data centers and serves as project manager for IMD1 with Uptime Award-winning operations.
• H5 Data CenterscoreTechnology or IntegrationH5 Data Centers is a leading national provider of wholesale data center and colocation services operating over 4 million square feet of mission-critical infrastructure. Partnered with Metro Edge to develop and operate IMD1, bringing Tier III-oriented facilities expertise.
• OraclestrategicTechnology or IntegrationAs a member of Oracle PartnerNetwork (OPN), Metro Edge enables customers to move workloads between on-premises systems and Oracle Cloud Infrastructure. The partnership delivers higher performance, security, scalability, and cost savings through public, private, and hybrid cloud solutions.
• kW MCEsupportImplementation/ SI/ Consulting PartnerFull-cycle engineering firm with experience across thousands of data center projects. Providing consulting services for all mechanical, electrical, plumbing and fire protection infrastructure of IMD1.
• CBRE Data Center SolutionscoreChannel Partner/ Reseller/ DistributorCBRE DCS offers end-to-end real estate, leasing, facilities and technology solutions for data center owners in nearly 50 countries. Manages 800 data centers with $4B annual transaction value and 5,000 data center professionals. Providing leasing and advisory services for IMD1.
• Jules MadisonsupportImplementation/ SI/ Consulting PartnerEstablished WBE & Persons with Disabilities civil utility and underground construction services firm in the broadband communication industry. Provides high-quality construction services for electric companies, contractors, and utilities throughout the Midwest.
• AWSstrategicTechnology or IntegrationParticipation in AWS Partner Network (APN) enables Metro Edge to offer AWS Outposts for consistent hybrid cloud experience. The partnership delivers fully managed AWS infrastructure and services to on-premises or edge locations, with IMD1 as the centerpiece.
• EYPsupportImplementation/ SI/ Consulting PartnerLeading engineering consulting firm in the data center industry with over two decades of experience and projects in over 40 countries. Providing consulting services for IMD1 including planning, design, testing and operational efficiency.
• iMiller Public RelationssupportGTM or Marketing PartnerNational full-service communications and marketing firm and W/MBE serving the global communications infrastructure sector. Preeminent PR firm in the data center industry leading communication and social media strategies for Metro Edge.

Scale indicators8 records

Recent moves5 records

Expansion highlights5 records

Direct peers

• T5 Data Centers: Full-lifecycle data center partner providing build-to-suit, wholesale turnkey, and powered shell facilities, currently operating 500+ MW across 55 data centers; serves as Metro Edge's project manager and is a direct comparable in custom wholesale data center development.
• H5 Data Centers: National wholesale and colocation data center operator with 4M+ SF of mission-critical infrastructure; directly comparable as Metro Edge's operating partner and a similarly focused colocation specialist serving enterprise customers.
• CoreSite (American Tower): Interconnection-focused colocation provider with dense carrier and cloud ecosystems; directly comparable business model to IMD1's CH-IX-anchored, carrier-neutral interconnection strategy.
• Aligned Energy: Data center provider focused on adaptive, high-density colocation and build-to-suit wholesale facilities; comparable in targeting enterprise customers with custom, high-power-density requirements similar to IMD1's 53 MW capacity.

Broad incumbents

• CyrusOne: Major US data center operator with multiple Chicago-area facilities serving enterprise and hyperscale customers; a relevant incumbent comparable on colocation scale, power capacity, and enterprise tenant mix.
• QTS Realty Trust (Blackstone): Large-scale wholesale and hyperscale data center developer now owned by Blackstone; comparable as a developer-operator of large multi-tenant facilities targeting enterprise and government tenants.
• Vantage Data Centers: Global wholesale hyperscale data center developer with significant North American footprint; comparable as a large-scale developer-operator of purpose-built facilities for enterprise and cloud tenants.
• Digital Realty: Global hyperscale and colocation data center provider with significant Chicago presence; comparable as an incumbent offering carrier-neutral colocation and interconnection at scale, against which IMD1 must position.
• Equinix: Largest global interconnection-focused colocation operator and the dominant presence at Chicago's 350 E Cermak carrier hotel; competes with IMD1 for the same network-dense, enterprise colocation demand and represents the benchmark for interconnection ecosystems.

Emerging players

• EdgeConneX: Specialist in edge and hyperscale data center development with strong carrier-neutral and cloud on-ramp positioning; relevant comparable given Metro Edge's focus on hybrid cloud connectivity and proximity-driven colocation.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xtwitter.com/metroedgedev
• LinkedInlinkedin.com/company/metro-edge-development-partners
• Instagraminstagram.com/metroedgedevelopment

Compliance6 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Metro Edge Development Partners