Chicago-based financial services firm Northern Trust Corp. will build a $50 million data center in Rochelle, Illinois, the company said late Monday. City officials said last week that the town's second major data center project had been finalized, but did not identify the tenant. Northern Trust joins Allstate, which broke ground on a 52,000-square-foot data center in January.
Northern Trust will build an 80,000-square-foot data center in the new Rochelle Business and Technology Park. "The decision to locate the new Northern Trust data center in our Business and Technology Park sends a strong message to the business world that Rochelle is a great place to locate facilities dependent upon state-of-the-art fiber-optic technology," City Manager Ken Alberts told BusinessRockford.