Facebook is building a new Data Center close to DeKalb Il in 2022, I believe that it will improve the appreciation of that are but my hypothesis is that it will improve even more the appreciation of Geneva, St Charles, and Batavia. The reason is that these towns have more restaurant offers better schools than DeKalb and they are even closer to Chicago downtown. The driving distance between the new facility and Geneva is about 20-25 min, not crazy? I would like to hear more comments about the impact of a Data Center facility. If people move to Dekalb the driving time can be as close as 5-15 min driving but the restaurants, schools, etc is way more limited than in the other suburbs and the distance to the city of Chicago is way more and with no train option while Elburn, St. Charles, Geneva, Batavia will have train options to the city, good schools, more entertainment offer.
Real Estate Broker · Portland, OR · Member since 2019 · 4k+ posts · 2k+ votes
6y
"Facebook is building a new Data Center"
I wouldn't let that hold too much weight. If its a server farm, in OR, we have lots since power is cheap. Then they usually get the local yokels to give them a big prop tax break.