400 S. LaSalle data center conversion
Conversion of the six-story former Cboe headquarters in the Loop into a 33 MW data center by Legacy Investing and GI Partners. Also known as: former Cboe headquarters.
Who is behind it
GI Partners
The record, newest first
A second conversion permit, declared at $151.1 million, was issued. (GrayStak Media (Substack), Oct. 15, 2026; Colocation Scout (powered by Bridgepointe Technologies), Oct. 15, 2026)
Chicago issued a building permit for a conversion phase declared at $51.1 million. (GrayStak Media (Substack), Oct. 15, 2026; Colocation Scout (powered by Bridgepointe Technologies), Oct. 15, 2026)
Legacy Investing and GI Partners announced a 33 MW conversion of the 300,500-square-foot building, aiming for more than 20 MW in service by early 2027. (Data Center Dynamics, Nov. 17, 2025)
A Legacy Investing affiliate bought the former Cboe building for $40 million, according to Cook County records cited by the Sun-Times. (Chicago Sun-Times, Nov. 7, 2025)
Conflicts and open questions
- Under 50 MW; kept because it is under construction and confirmed.
- Permit details come from secondary compilations of city permit data; the city permit records themselves were not opened.
- Coordinates approximate, from the 400 S. LaSalle St. address.
The full record
- Status note
- City building permits for conversion phases were issued July 6 and Sept. 16, 2026.
- Power note
- Developer figure; not stated whether IT or utility capacity. More than 20 MW targeted for service by early 2027.
- Evidence
- News reports; primary records not yet obtained
- Size class
- Under 50 MW (outside main scope; kept for completeness)