HomeMy WebLinkAboutRESOLUTION - 6-22 - 1/25/2022 - 1700 NICHOLAS BOULEVARD, 2055 LUNT AVE, 2101-2105 LUNT AVE, 2139-2145 LUNT AVE 6BRESOLUTION NO.6-22
A RESOLUTION DETERMINING THE APPROPRIATENESS FOR CLASS 6B STATUS
PURSUANT TO THE COOK COUNTY REAL PROPERTY CLASSIFICATION
ORDINANCE AS AMENDED JULY 27, 2018 FOR CERTAIN REAL ESTATE LOCATED
AT 1700 NICHOLAS BOULEVARD, 2055 LUNT AVENUE, 2101-2105 LUNT AVENUE
AND 2139-2145 LUNT AVENUE, ELK GROVE VILLAGE, ILLINOIS
WHEREAS, the Village of Elk Grove Village desires to promote the development of
industry in the Village of Elk Grove; and
WHEREAS, the Cook County Assessor is operating under an ordinance enacted by the
Cook County Board of Commissioners, and amended from time to time, the most recent
amendment becoming effective as of July 27, 2018, which has instituted a program to encourage
industrial and commercial development in Cook County known as the Cook County Real
Property Classification Ordinance; and
WHEREAS, the Petitioner has applied for or is applying for Class 6B property status
pursuant to said aforementioned ordinance for certain real estate located at 1700 Nicholas
Boulevard, 2055 Lunt Avenue, 2101-2105 Lunt Avenue and 2139-2145 Lunt Avenue in the
Village of Elk Grove Village, Cook County, Illinois, with the Property Index Numbers 08-35-
104-062-0000, 08-35-104-075-0000, 08-35-104-063-0000, 08-35-104-053-0000, 08-35-104-047-
0000, 08-35-104-078-1001, 08-35-104-078-1002, has proven to this Board that such incentive
provided for in said ordinance is necessary for development to occur on this specific real estate.
NOW, THEREFORE, BE IT RESOLVED by the Mayor and Board of Trustees of the
Village of Elk Grove Village, Counties of Cook and DuPage, Illinois:
Section 1. That the request of the Petitioner to have certain real estate located at
1700 Nicholas Boulevard, 2055 Lunt Avenue, 2101-2105 Lunt Avenue and 2139-2145 Lunt
Avenue, Elk Grove Village, Cook County, Illinois, and identified by Property Index Numbers
Numbers 08-35-104-062-0000, 08-35-104-075-0000, 08-35-104-063-0000, 08-35-104-053-0000,
08-35-104-047-0000, 08-35-104-078-1001, 08-35-104-078-1002, declared eligible for Class 613
status pursuant to the Cook County Real Property Classification Ordinance as amended July 27,
2018, is hereby granted in that this Board and the Village of Elk Grove Village, Illinois, has
determined that the incentive provided by the said Class 613 Tax Incentive Ordinance is necessary
for the said development to occur on the subject property, legally described as follows:
PINS 08-35-104-047-0000 & 08-35-104-053-0000-2055 LUNT AVENUE
THE WEST 225.00 FEET, AS MEASURED ALONG THE NORTH LINE THEREOF, OF
THE EAST 707.40 FEET, AS MEASURED AT RIGHT ANGLES TO THE EAST LINE
THEREOF, OF LOT 17 IN CENTEX INDUSTRIAL PARK UNIT NO. 3, BEING A
SUBDIVISION IN SECTION 35, TOWNSHIP 41 NORTH, RANGE 11, EAST OF THE
THIRD PRINCIPAL MERIDIAN, (EXCEPTING FROM SAID PARCEL THAT PART
LYING SOUTH OF A STRAIGHT LINE DRAWN FROM A POINT ON THE EAST
LINE OF SAID EAST 707.40 FEET, A DISTANCE OF 415.00 FEET NORTH OF THE
SOUTHEAST 1/4 CORNER THEREOF TO A POINT IN THE WEST LINE OF SAID
EAST 707.40 FEET, A DISTANCE OF 415.00 FEET NORTH OF THE SOUTHWEST
CORNER THEREOF), IN COOK COUNTY, ILLINOIS.
PINS: 08-35-104-062-0000-1700 NICHOLAS BLVD., ELK GROVE VILLAGE
LOT 1:
LOT 1 IN POLACK' S FRUTAL WORKS RESUBDIVISION OF PART OF LOT 17 IN
CENTEX INDUSTRIAL PARK UNIT 3, BEING A SUBDIVISION IN SECTION 35,
TOWNSHIP 41 NORTH, RANGE 11, EAST OF THE THIRD PRINCIPL MERIDIAN,
ACCORDING TO PLAT FILED OCTOBER 21, 1975 AS LR2836212, IN COOK
COUNTY ILLINOIS.
PERMANENT REAL ESTATE INDEX NO.:08-35-104-062-0000 ADDRESSES OF
PROPERTY: 1700 NICHOLAS BLVD., ELK GROVE VILLAGE, ILLINOIS 60007
PIN: 08-35-104-063-0000 - 2145 LUNT AVE, ELK GROVE VILLAGE 60007
LOT 2:
LOT 2 IN POLACK'S FRUTAL WORKS RESUBDIVISION, BEING A
RESUBDIVISION OF PART OF LOT 17 IN CENTEX INDUSTRIAL PARK UNIT 3, IN
SECTION 35, TOWNSHIP 41 NORTH, RANGE 11, EAST OF THE THIRD PRINCIPAL
MERIDIAN ACCORDING TO THE PLAT OF RESUBDIVISION THEREOF
REGISTERED IN THE OFFICE OF THE REGISTRAR OF TITLES COOK COUNTY,
ILLINOIS, ON OCTOBER 21, 1975 AS DOCUMENT NUMBER 2836212, IN COOK
COUNTY ILLIOIS.
PERMANENT REAL ESTATE INDEX NO: 08-35-104-063-0000 ADDRESS OF
PROPERTY: 2139-2143 LUNT AVE., ELK GROVE VILLAGE, ILLINOIS 60007
PIN: 08-35-104-078-1001 - 2101 LUNT AVE, ELK GROVE VILLAGE & PIN: 08-35-
104-078-1002 - 2105 LUNT AVE, ELK GROVE VILLAGE
PARCEL 1:
UNIT NUMBER 1 IN THE CARROLL SEATING CONDOMINIUM, AS DELINEATED
ON A SURVEY OF THE FOLLOWING DESCRIBED TRACT OF LAND: LOT 3 IN
2
POLAK' S FRUTAL WORKS RESUBDIVISION BEING A RESUBDIVISION OF PART
OF LOT 17 IN CENTEX INDUSTRIAL PARK UNIT 3, IN SECTION 35, TOWNSHIP 41
NORTH, RANGE 11 EAST OF THE THIRD PRINCIPAL MERIDAN, ACCORDING TO
PLAT OF RESUBDIVISION THEREOF REGISTERED IN THE OFFICE OF THE
REGISTRAR OF TITLES CCI, ON OCTOBER 211975 AS DOCUMENT NO. 2836212,
IN COOK COUNTY, ILLINOIS, WHICH SURVEY IS ATTACHED AS EXHIBIT "A"
TO THE DECLARATION OF CONDOMINIUM RECORDED AS DOCUMENT
NUMBER 0430919081; TOGETHER WITH ITS UNDIVIDED PERCENTAGE
INTEREST IN THE COMMON ELEMENTS IN COOK COUNTY ILLINOIS.
PARCEL 2;
EXCLUSIVE RIGHT TO THE USE OF THE LIMITED COMMON ELEMENT
LOADING DOCK ADJACENT TO SAID UNIT AS SHOWN ON PLAT OF SURVEY
ATTACHED AS EXHIBIT "A" TO DECLARATION RECORDED AS DOCUMENT
NO. 0430919081 AND FIRST AMENDMENT RECORDED 11-12-2004 AS DOC
#0431708106.
I' 4111mi
UNIT NUMBER 2 IN THE CARROLL SEATING CONDOMINIUM, AS DELINEATED
ON A SURVEY OF THE FOLLOWING DESCRIBED TRACT OF LAND: LOT 3 IN
POLAK'S FRUTAL WORKS OF LOT 17 IN CENTEX INDUSTRIAL PARK UNIT 3, IN
SECTION 35, TOWNSHIP 41 NORTH, RANGE 11 EAST OF THE THIRD PRINCIPAL
MERIDIAN, ACCORDING TO PLAT OF RESUBDIVISION THEREOF REGISTERED
IN THE OFFICE OF THE REGISTRAR OF TITLES OF CCI, ON OCTOBER 21, 1975
AS DOCUMENT NO. 2836212, IN COOK COUNTY, ILLINOIS, WHICH SURVEY IS
ATTACHED AS EXHIBIT "A" TI THE DECLARATION OF CONDOMINIUM
RECORDED AS DOCUMENT NUMBER 0430919081; TOGETHER WITH ITS
UNDIVIDED PERCENTAGE INTEREST IN THE COMMON ELEMENTS IN COOK
COUNTY ILLINOIS.
Section 2. That the Village of Elk Grove Village, Illinois hereby supports and consents to
the Class 6B Application and approves the classification of the subject property as Class 6B
property pursuant to the Cook County Real Property Classification Ordinance and the Class 6B
tax incentives shall apply to the property identified as Permanent Real Estate Index Numbers
Numbers 08-35-104-062-0000, 08-35-104-075-0000, 08-35-104-063-0000, 08-35-104-053-0000,
08-35-104-047-0000, 08-35-104-078-1001, 08-35-104-078-1002. Elk Grove Village is in receipt
of an economic disclosure statement that is included with the application packet.
Section 3. That the Mayor and Village Clerk are hereby authorized to sign any necessary
documents to implement this Resolution including the Elk Grove Village Class 6b Property Tax
Incentive Terms and Agreement subject to the petitioner completing new construction of a
167,000 square foot industrial building, in substantial conformance with the Applicant
completing the improvements stated in their application.
Section 4. That this Resolution shall be in full force and effect from and after its passage
and approval according to law.
VOTE: AYES: 6 NAYS: 0 ABSENT: 0
PASSED this 25th day of January 2022.
APPROVED this 2511 day of January 2022.
ATTEST:
Loretta M. Murph , Villa Cl9rk
Res. 1700Ni chol as.205 5 Lunt.2101-2105 Lunt.213 9-2145 Lunt
Mayor C ig B. Johnson
Village Elk Grove Village
4
IAL
AltusGroup
January 7, 2022
Mr. Josh Grodzin
Director Business Development and Marketing
901 Wellington
Elk Grove Village, Illinois 60007
RE: 6b Petition
Dear Mr. Grodzin:
EdgeConneX has built over 40 data centers and a growing number of regional and hyperscale solutions
across North America, Europe, and South America. EdgeConneX currently operates a data center in Elk
Grove Village, located at 1800 Nicholas Boulevard, and is considering a two -phased expansion in
connection with its overall capital and strategic plan. Combined, the two phases could bring up to $300
million in new capital investment to Elk Grove Village, together with quality new jobs. The two phases
under consideration are subject to separate processes of internal review by EdgeConneX management
and are being compared with alterative investment options across EdgeConneX's network of facilities
and available properties.
Phase Two is the subject of this application and would be the construction of a new 167,000 square foot,
22.4 MW data center facility located at and between 2055 Lunt Ave through 1700 Nicholas Blvd (Phase II
will hereinafter be referred to as "the Project") that will be owned and operated by EdgeConneX. If
approved by EdgeConneX, the Project is anticipated to bring $210.6 million dollars of investment and
create 35 additional fulltime equivalent positions, of which 8 will be directly employed by EdgeConneX,
with the remaining positions to be from customers and vendors located at the facility.
The new facility will consist of building out space for data center operations and supporting office and
security space. This project will help with improving the appearance of the immediate and surrounding
areas as it will require demolition of the current buildings, that will be replaced with more modern and
state of the art buildings which will be consistent with the Elk Grove Industrial/Commercial
Revitalization plan. If the project is approved by EdgeConneX's management, it is anticipated that
construction will start in the second or third quarter of 2022 and be completed by December 2023.
EdgeConneX purchased several properties including 1700 Nicholas Blvd, 2055 Lunt Ave, 2101-2105 Lunt
Ave and 2139-2145 Lunt Ave. EdgeConneX is seeking a 6(b) tax incentive under New Construction. The
6(b) incentive is necessary to enable the project to be economically feasible. Eligibility for the 6(b) tax
incentive has been a key assumption in EdgeConneX's financial modeling and the absence of the 6(b)
incentive would have a significant adverse impact on both the financial and competitive feasibility of the
Project.
Altus Expert Services 20Wight Avenue, Suite 200,Hunt Valley, MID 21030
T: 410.568.0800 1 E: info@altusgroup corn I altusgroup corn
AltusGroup
The Project would be a significant investment in Elk Grove Village that will create jobs, boost the local
tax base, support the area's technology -based economy and provide aesthetic enhancement to Lunt
Avenue. This data center investment will generate significant property, sales, and income tax revenues
for the state, County and Elk Grove Village. This project would also solidify EdgeConneX's presence in
Elk Grove Village and could create additional opportunity for future growth.
We thank you in advance for considering this project for Elk Grove Village's support in a 6(b) property
tax incentive.
Sincerely,
Tammy Bialek
Manager
Altus Group
Petition Form for
Class 6B Program
For Office Use Only
Address of Subject Property:
Signed Affidavit Dated:
To the Applicant:
Anyone who intends to submit a request for a Cook County Class 6B Property Tax Abatement within
the corporate limits of the Village of Elk Grove Village must first complete this petition in all its entirety.
The contents of this petition are as follows:
Petition
Detailed Letter of Transmittal
Property Tax Analysis
Eligibility Checklist
$1,000 Filing Fee
Please read the entire form and complete every section as thoroughly as possible. If you have any
questions, please call the Director of Business Development & Marketing at (847) 357-4007.
Sv
C
a'UAr PETITION FOR COOK COUNTY CLASS 611
VILLAGE OF ELK GROVE VILLAGE
We, the undersigned, being owners of record of the following described real estate, do hereby request
that the following business and legally described real estate be granted a Cook County Class 6B
Property Tax Abatement:
Business: EdgeConneX, Inc.
Address: 2201 Cooperative Way. Suite 400 Herndon VA 20171
Permanent Real Estate Tax Index No. 08-35-104-062-0000 08-35-104-047-0000.
08-35-104-053-0000.08-35-104-063-0000 08-35-104-078-1001 08-35-104-078-1002
Assessed Valuation Assessed Valuation
PIN 2021
08-35-104-062-0000 240,132
08-35-104-047-0000 457,001
08-35-104-053-0000 11,445
08-35-104-063-0000 1 327,812
08-35-104-078-1001 65,001
08-35-104-078-10021 65,001
Total I $ 1,166,392 $
■ Attach Legal Description of Property
Owners of Record:
Print Name: EdgeConneX Si nature:
2201 Coonertive Way. Herndon VA 20171_
(Address City, State)
571 5353172 Fax:
Email:
2000
2019
240,130
240,130
456,999
481,239
11,444
11,
327,810
327,810
65,000
72,666
65,000
72,666
1,166,383 $
1,205,955
Business Applicant's Name:
y
Print Name: Jenny Zhan Signature:
EdgeConneX
Business/Corporation Name
2201 Coo ertive Wa . Herndon VA 20171
(Address City, State)
Phone: (571) 535 3172
Email: jzhan.edgeconnex.com
��rer
Disclosure of Ownership
1. When submitting documentation required for the Cook County Class 6B Property Tax Abatement
Program, the applicant is required to submit all required and supporting documentation for the
application. The applicant is REQUIRED to submit the following information:
❑ A Letter of Transmittal detailing the existing and intended use of the property, reason for Class
6B, property alterations, pertinent business operational information, or any information of note that
may be beneficial for staff and the Village Board.
❑ Completion of the Class 6B Eligibility Checklist for the property in question.
❑ Completion of the property tax analysis spreadsheet.
❑ Current property photographs and renderings of property/building modifications, if applicable.
❑ Proposed Site Plan, if applicable.
If property is:
❑ Owned by the individuals};
Title Tract Search, or
One copy of the latest recorded deed with affidavit
❑ Administered by a trust; N/A
One certified copy of the trust agreement, trust deed and a list of beneficiaries
* Has the property been, or is now, the subject of any other action by the Village? No
If YES, give details on a separate sheet of paper.
A y�er
c
"u`r VILLAGE OF ELK GROVE VILLAGE, ILLINOIS
Petition for Cook County Class 611 Property Tax Abatement
The Village of Elk Grove prides itself on being a business friendly community. As such, the Village
supports the use of the Cook County Class 6B Tax Abatement in cases where it is established that a tax
disparity exists and is detrimental to tenancy and where the project presents a clear benefit to the
community. The Village reserves the right to review applications and render its approval or disapproval
based on the information provided.
Adhering to all Village codes and ordinances with respect to building and landscaping alterations is
required. Furthermore, proposed building and landscaping construction must follow the design
guidelines promulgated in the Industrial and Commercial Revitalization Master Plan Update for 2011.
Proposed enhancements should be in accordance with the attached Industrial Design Guidelines Packet.
The purpose of the Cook County Class 6B Property Tax Abatement Program is to stimulate the re -
occupancy of vacated industrial buildings through a reduction in property taxes. Property approved for
Class 6B status allows the owner of the property to have the assessment level lowered for a period of
twelve years. Under the program the assessment schedule is 10% of fair market value for ten years then
15% in the eleventh year and 20% in the twelfth year. Industrial property is regularly assessed at 25%
of fair market value in Cook County.
h tt p :J/ a rcg. i s/2 AT5 S6 a
I - INITIATION:
The following procedures are necessary for a completed petition for Cook County Class 6B Property
Tax Abatement consideration:
A. Documents required:
1. Petition (attached) completed in full
2. Detailed Letter of Transmittal demonstrating need for the incentive "But For Clause."
3. Completion of Class 6B Eligibility Checklist
5. Legal description of the property.
6. Photographs, both aerial and land based, of the area for which the property tax exemption is
requested
7. Detailed rehabilitation plans with color elevations and site plan
8. Detailed rehabilitation budget showing itemized total cost
9. Detailed landscaping plan and signage plan with color elevcations
10. For new construction, detailed colored elevations and an architectural site plan
B. Fees:
Submit a check made payable to the Village of Elk Grove Village to meet the following:
1. $1,000.00 filing fee.
Documents and fees are to be submitted to the Village Manager's Office, Attn: Director of
Marketing & Business Development, 901 Wellington, Elk Grove Village, Illinois 60007.
II - REVIEW AND PROCESSING
Upon receipt of the petition for Cook County Class 6B Property Tax Abatement and fee, the
Director of Business Development & Marketing will:
A. Examine the request for compliance with the above requirements for information, documents and
fees. Incomplete inquiries will be returned to the petitioner or applicant for their action. Step "B"
will be taken when all petition requirements have been fulfilled.
B. Distribute petition and required documents for departmental review and comment by Village
Manager's Office, Community Development, Public Works, and Finance. Departments will submit
written comments to Director of Business Development & Marketing.
C. Department comments will be communicated to applicant for correction.
D. When your application is determined to be complete by staff, the petition will be presented to the
Mayor & Board of Trustees at the next regularly scheduled Village Board Meeting for
consideration.
E. Fully completed petitions will be reviewed by the Mayor & Board of Trustees to ensure that the
project has a clear and demonstrated benefit to the community. If the project is deemed to have
merit and the Applicant has demonstrated that the project could not occur without the assistance
provided by the Cook County Class 6B Property Tax Abatement, then the Mayor & Board of
Trustees will provide the applicant with a Letter of Receipt from the Village.
This letter may be used to inform the Cook County Assessor's Office that Elk Grove Village is in
receipt of the Applicant's request for a Cook County Class 613 Property Tax Abatement. The Letter
of Receipt is not a guarantee of approval and the Applicant can move ahead with their project at
their own risk.
F. The Village will maintain contact with the applicant to ensure that the stated obligations have been
met.
G. Once the stated obligations have been met, Village staff will present a Resolution of Support to the
Mayor & Board of Trustees at a regularly scheduled Village Board Meeting for consideration.
III -FINAL ACTION
Upon their review, the Mayor and Board of Trustees at a Village Board Meeting will:
A. Deny the request
B. Approve the request with or without modification
C. Adopt appropriate resolution
If approved, the Applicant will receive a certified copy of the Village's Resolution in support of the
Cook County Class 6B Property Tax Abatement.
NOTE: While the Village will do its best to expedite the review and approval process,
applicants should allow at least 30 days for review by staff and consideration by the
Mayor & Board of Trustees. Furthermore, additional time may be needed depending
on the complexity of the development.
�R0% t V,
•F
VILLAGE OF ELK GROVE VILLAGE, ILLINOIS
Petition for Cook County Class 611 Property Tax Abatement
Eligibility Checklist
In order to be considered for the Cook County Class 613 Property Tax Abatement, the Eligibility
Checklist must be completed. The initial application must score 16 out of 16 points. Each item will
receive 1 point for Yes and 0 points for No.
Packet Item
Yes
No
Letter of Transmittal
Y
Name of the Applying Company
Y
Current and Pro osed Location/Address of the Applicant
Y
Proposed Use of the Property
Y
Proof of Vacancy
N/A
Job Creation and Retention Data(excluding one-time construction jobs
Y
Total Project Cost of Proposed Improvements (exclude landpurchase)
Y
Proposed Detailed Construction Budget of Proposed Improvements
Y
Proposed Landscape Budget and Plan
Y
Total Square Footage of the Building
Y
Current Color Photographs of the Building
Y
Prior Five Years of Tax History
Y
Breakdown of Taxes Paid Occupied With 613 v. Occupied Without 613
Y
Tax PIN
Y
Legal Description
Y
Letter from Applicant Explaining the Need for the Tax Abatement on
Company Letterhead
Y
Application Fee of $1,000
forthcomin
Total Points
Below is a list of recommended items to be included in your Letter of Transmittal as part of the
submission:
■ Nature of the proposed operation.
• Documentation detailing how long the building has been vacant.
• Owner occupied or leased.
• Justification explaining the need for the property tax abatement.
• Note if retail sales will take place at the proposed location.
■ Proposed number of employees, which should include full-time and part-time, as well as any
potential growth and time -frame for filling new positions.
• Detailed breakdown of what needs to be done to the property to make it suitable for the proposed
operation.
• How the proposed improvements conform with the Village's Industrial/Commercial Revitalization
Master Plan.
• How the proposed improvements will increase the valuation of the property.
• How the neighboring businesses will benefit from the proposed improvements.
DocuSign Envelope ID: 3F33015', 3-4EBA-9D46-9C0E58E01 EB8
{4Rns l:ry ^5r
a3'
Elk Grove Village Class 613 Property Tax Terms and Agreement
The APPLICANT shall perform the WORK upon the SUBJECT PROPERTIES located at 1700 Nicholas
Blvd., 2055 Lunt Ave., 2101-2105 Lunt Ave., and 2139-2145 Lunt Ave.in accordance with the PLANS and in
full compliance with all applicable codes, ordinances, rules, regulations, permits, and plans as outlined in
Attachment A, imposed by the VILLAGE, and shall complete the WORK in a good and workmanlike manner or
risk voiding this agreement. The WORK shall include all building and landscaping alterations as proposed by the
APPLICANT in exchange for the VILLAGE'S approval of a Cook County Class 6B Property Tax Abatement.
The APPLICANT, will be issued a Letter of Receipt upon submission of a completed Elk Grove Village
Class 6B Application Packet. This letter may be used to inform the Cook County Assessor's Office that the Village
of Elk Grove is in receipt of the Applicant's request for a Cook County Class 613 Property Tax Abatement. The
Letter of Receipt is not a guarantee of final approval and the Applicant may move ahead with their project at their
own risk.
The Letter of Receipt will serve as official notice that the APPLICANT is eligible for the incentive;
however, final approval is not complete until there is an official Resolution passed by the Village. The Resolution
will not be executed until such time all proposed work is complete. The APPLICANT has 365 days from taking
ownership or tenancy to complete all proposed alternations and submit a full accounting of costs. If costs are not
consistent with promises made in the original application, the APPLICANT may not be granted a final resolution
of 6B approval.
This AGREEMENT sets forth all the promises, inducements, agreements, conditions and undertaking
between the APPLICANT and the VILLAGE relative to the subject matter thereof, and there are no promises,
agreements, conditions or understandings, either oral or written, expressed or implied, between them, other than
as set forth herein. No subsequent alteration, amendment, change or addition to this AGREEMENT shall be
binding upon the PARTIES hereto unless authorized in accordance with the law and reduced in writing and signed
by them.
In
Village of Elk rove Village
901 Wellingto Avenue
Elk Grove V' lap-e, IL 60007
Signed:
Name: Crai . Johnsor
Title: Mayor
Date: % —�
Attest:
Lorrie *rphy, Village Cl�k
, the parties hereto have executed this Agreement as set forth below:
EdgeConneX Chicago Holdings IV, LLC
1700 Nicholas Blvd., 2055 Lunt Ave.,
2101-2105 Lunt Ave., and 2139-2145 Lunt Ave
Elk Grove Village, IL 60007
row ""
Signed: I 1-
Name: a e—n" ny" 2fian
Title: chief Accounting officer
Date: 01/21/2022 1 17:22:20 EST
Elk Grove Village Class 6B Property Tax Terms and Agreement
Terms & Conditions
Attachment A
The APPLICANT shall perform the WORK upon the SUBJECT PROPERTY as outlined below...
Village of Elk Grove Village, Illinois
Petition for Cook County 6B Property Tax Abatement
Eligibility Checklist
Name of the Applying Company
EdgeConneX, Inc.
Current and Proposed Location/ Address of the Applicant
Current Location: 1800 Nicholas Blvd, Elk Grove Village 60007
Location under construction: 2021 Lunt Ave, Elk Grove Village 6007
Proposed Project Location: 2055 Lunt Ave, Elk Grove Village 6007
2101-2105 Lunt Ave, Elk Grove Village 6007
2139-2145 Lunt Ave, Elk Grove Village 6007
1700 Nicholas Blvd, Elk Grove Village 6007
Property Use of the Property
EdgeConneX is proposing to demolish the existing buildings and build a new 22.4MW
state of the art data center. Since late 2013, EdgeConneX has built over 40 data
centers, including Edge Data Centers@ and a growing number of regional and
hyperscale solutions across North America, Europe, and South America, creating a new
Edge of the Internet. EdgeConneX continues to move the Internet to where it is most
needed — into local markets across the country and around the globe.
Proof of Vacancy
■ N/A
Job Creation and Retention(excluding one-time construction mobs
EdgeConneX currently has 7 fulltime employees and contractors at its current facility
with an average salary of $50+/hr and 5 fulltime equivalents for a total of 12 employees.
The proposed project is anticipated to bring 35 additional employees of which 8 will be
direct fulltime positions by EdgeConneX with the remaining positions from vendors and
customers located on site at EdgeConneX's facility.
Project Detail and Budget
New Construction - $210,600.000 (excluding land)
0 Building a 2-story building at approximately 167,000 sq.ft.
o Estimated construction timeline: Begin - 2nd/31 Qtr 2022 — Complete by 4th
Qtr 2023
o Front Entrance, Loading Dock, Office area — approximately 16,000 sq.ft.
o Infrastructure support areas - approximately 61,000 sq.ft.
o Data Center Area — approximately 90,000 sq.ft.
Cost Breakdown:
Shell Building ($30.2M)
• Design - $2,567,000
• On -site PM/GC's - $1,359,000
• Permit & Testing - $604,000
• General Construction - $21,744,000
• Electrical Equipment & Install - $2,567,000
• Fire Protection - $302,000
• Security - $302,000
• Fee - $755,000
MEP/interior Build -out ($171.4M
• Design - $5,999,000
• On -site PM/GC's & Permit/Testing - $3,428,000
• General Construction - $13,712,000
• Mechanical Equipment & Install - $29,995,000
• Electrical Equipment & Install - $94,270,000
• Fire Protection - $10,284,000
• Security & Structured Cabling - $6,856,000
■ Commissioning - $1,714,000
® Fee - $5,142,000
utilities ($9
Beautification of site ($450K)
• New sidewalks
• New parking lot
• Landscaping as required by City Code
Total Square Footage of the Building
2-Story Building at approximately 167,000 sq.ft
L.
..AL*
■ f
I
If
Proposed Construction:
Prior Five Years of Tax H
!Tax Year 08-35-104-062-0000 08-35-104-047-0000 08-35-104-053-0000 09-35-104-063-0000 08-35-104-079-1001 08-35-104-078-3002
1700 Nicholas Blvd
2055 Lunt Ave
2055 Lunt Ave
2145 Lunt Ave
2101 Lunt Ave
2105 Lunt Ave
Total
1 2021
$35,317.67
967,214.20
$1,683.17
$9,560.02
$9,560.02
$9,550.02
$132,995.10
lstInstallment
2020
$64,213.94
$122,207.53
$3,060.31
S17,381.86
517,391.86
$17,381.86
$241,627.46
1st & 2nd Installments
2019
$58,461.28
S49,508.15
52,703.32
817,691.03
$17,591.03
$17,691.03
9163,745.94
1st &2nd Installments
2018
$55,094.02
$127,671.36
$2,518.55
S18,259.75
$18,259.75
$18,259.75
$240,063.19
1st & 2nd Installments
2017
S51.181.57
$120.069.77
L 52,492.68
$18,129.15
$19.In.15
$18,129.15
$229.131.47
1st & 2nd Installments
$1,006,463.06
Breakdown of Taxes Paid Occupied with 6B v. Occupied Without 6B
See attached spreadsheet
Tax PIN
PIN: 08-35-104-062-0000
1700 Nicholas Blvd, Elk Grove Village
PIN: 08-35-104-047-0000
2055 Lunt Ave, Elk Grove Village 6007
PIN: 08-35-104-053-0000
2055 Lunt Ave, Elk Grove Village 6007
PIN: 08-35-104-063-0000
2145 Lunt Ave, Elk Grove Village 6007
PIN: 08-35-104-078-1001
2101 Lunt Ave, Elk Grove Village
PIN: 08-35-104-078-1002
2105 Lunt Ave, Elk Grove Village
Legal ❑escription
PINS 08-35-104-047-0000 & 08-35-104-053-0000 - 2055 Lunt Ave Elk Grove Village 6007
-' Atlltfl l A
LEGAL DESCRIP-110N OF PROPERTY
THE WEST 225.00 FEET. AS MEASURED ALONG'I'HE NORTH LINE THEREOF, OF THE
EAST 707.40 FEET, AS MFASURFD AT RIGHT ANGLES TO THE- FAST LINE THEREOF,
OF LOT 17 IN CENTEX INDUSTRIAL PARK UNIT NO, 3. BEING A SUBDIVISION IN
SECTION 35, TOWNSHIP 41 NORTH, RANGE 11, EAST OF THE THIRD PRINCIPAL
MERIDIAN, (EXCEPTING FROM SAID PARCEL THA I PART LYING SOUTH OF A
STRAIGHT IANF DRAWN FROM A POINT ON THE FAST LINE OF SAID LAST 707.40
FEET, A DISTANCE OF 415.00 FELT NORTH OF THE '.55OU I H ASI- IM CORNER
THEREOF TO A POINT IN THE wEs'r LINE OF SAID EAST 707,40 FEET, A DISTANCE
OF 415.00 FEET NORTH OF THE SOUTHWEST CORNER THER FOE), IN COOK COUNTY,
ILLINOIS,
PIN 08-35-104-062-0000 —1700 !Nicholas Blvd, Elk Grove Village
11161 NFA
LOT 1 IN POLACK'S FRUTAL WORKS RESUBDIVISION OF PART OF LOT 17 IN
CENTEX INDUSTRIAL PARK UNIT 3, BEING A SUBDIVISION IN SECTION 35,
TOWNSHIP 41 NORTH, RANGE 11, EAST OF THE TAD PRINCIPAL MERIDIAN,
ACCORDING TO PLAT FILED OCTOBER 21, 1975 AS LR2836212, IN COOK COUNTY
ILLINOIS.
PERMANENT REAL ESTATE INDEX NO.: 08-35-104-062-0000 ADDRESS OF PROPERTY:
1700 NICHOLAS BLVD., ELK GROVE VILLAGE, ILLINOIS 60007
PIN: 08-35-104-063-0000 - 2145 Lunt Ave, Elk Grove Village 6007
LOT 2:
LOT 2 IN POLACK' S FRUTAL WORKS RESUBDIVISION, BEING A RESUBDTVISION OF
PART OF LOT 17 IN CENTEX INDUSTRIAL PARK UNIT 3, IN SECTION 35, TOWNSHIP
41 NORTH, RANGE 11, EAST OF THE THIRD PRINCIPAL MERIDIAN ACCORDING TO
THE PLAT OF RESUBDTVISION THEREOF REGISTERED IN THE OFFICE OF THE
REGISTRAR OF TITLES COOK COUNTY, ILLINOIS, ON OCTOBER 21, 1975 AS
DOCUMENT NUMBER 2836212, IN COOK COUNTY ILLINOIS.
PERMANENT REAL ESTATE Il41DEX NO: 08-35-104-063-0000 ADDRESS OF PROPERTY:
2139-2143 LUNT AVE., ELK GROVE VILLAGE, ILLINOIS 60007
PIN: 08-35-104-078-1001- 2101 Lunt Ave Elk Grove Village & PIN: 08-35-104-078-1002 - 2105
Lunt Ave, Elk Grave Village
Parcel 1:
UNIT NUMBER 1 IN THE CARROLL SEATING
CONDOMINIUM, AS DELINEATED ON ASURVEY OF
THE FOLLOWING DESCRIBED TRACT OF LAND:
LOT 3 IN POLAK'S FRUTAL WORKS
RESUBDIVISION BEING A RESUBDIVISION OF PART
OFLOT17IN CENTEXINDUSTRIALPARK UNIT3,IN
SECTION 35, TOWNSHIP 41 NORTH, RANGE11
EAST OF THE THIRD PRINCIPAL MERIDIAN,
ACCORDING TO PLAT OF RESUBDIVISION THEREOF
REGISTERED IN THEOFFICE OF THE REGISTRAR OF
TITLES OF CCI, ON OCTOBER 21, 1975 AS
DOCUMENT NO,2836212, IN COOK COUNTY,
ILLINDIS, WHICH SURVEY IS ATTACHED AS
EXHIBIT 'A" TO THE DECLARATION OF
CONDOMINIUM RECORDED AS DOCUMENT
NUMBER 043D919081; TOGETHER WITH ITS
UNDIVIDED PERCENTAGE INTEREST IN THE
COMMON ELEMENTS IN COOK COUNTY ILLINDIS,
Parcel 2:
EXCLUSIVE RIGHT TO THE USE OF THE LIMITED
COMMON ELEMENT LOADING DOCK
ADJACENTTO SAID UNITASSHOWN ON PLAT
OF SURVEY ATTACHED AS EXHIBIT "A" TO
DECLARATION RECORDED AS DOCUMENT NO.
0430919081 AND FIRST AMENDMENT
RECORDED 11-12-2004 AS DOC#0431708106.
Parcel 3:
UNIT NUMBER 2 IN THE CARROLL SEATING
CONDOMINIUM, AS DELINEATEDON ASURVEYOF
ExW'bit A - Page I
-038-88M91/07M3084
THE FOLLOWING DESCRIBED TRACT OF LAND:
LOT 3 IN POLAK'S FRUTAL WORKS
RESUBDIVISION BEING A RESUBDIVISION OF PART
OF LOT171N CENTEX INDUSTRIAL PARK UNIT3,I1N
SECTION35,TOWNSHIP41 NORTH,RANGE11
EAST OF THE THIRD PRINCIPAL MERIDIAN,
ACCORDING TO PLAT OF RESUBDIVISION THEREOF
REGISTERED IN THE OFFICE OF THE REGISTRAR OF
TITLES OF CCI, ON OCTOBER 21, 1975 AS
DOCUMENT NO.2836212, IPI COOK COUNTY,
ILLINOIS, WHICH SURVEY IS ATTACHED AS
EXHIBIT "A" TO THE DECLARATION OF
CONDOMINIUM RECORDED AS DOCUMENT
NUMBER 0430910081; TOGETHER WITH ITS
UNDIVIDED PERCENTAGE INTEREST IN THE
COMMON ELEMENTS IN COOK COUNTY ILLINDIS.
N
W
N
W
m
C �
E E
a
rl ei ei ei e-I '1 N ati rl r M N
ry w
W W W W W W W W W W W� T
Ol m N O� O� 01 T 01 Ot W M W M
N N N N vI N N N N rr V
N N N N N N N t!1 �� .ti O
N N N u1 u1 N N N N N N O T
r r r n n n nl nl n rl to N l0
O
L
N N N N N N N N N N W e-I N
N N N N N N N N N N M N C
rl rl a-1 rl a-1 rl rrrl rN Af N
.3
M
X
f
n n n r r r r r n n r n n
ti
o 0 0 0 0 0 0 0 0 0 0 o a
W W W W W W W W W W W W V
N N N N N N N N N N N N O
ry
w
n n n n r r r r r r n r v
T CI1 O1 01 T T N O
N.
. n n n n n n n n n n n n n
m
w w w w w w w w n
o w oc
n n r r n r r r re re r n N
m m m m m m m m m m m m N
M M M T M M M M M M lO
w �n �w w w �n �o �u �o is �o �
x
H
�G l0 lD lD lD lD �O lD N lD N
%
R
t0 t0 l0 t0 l0 lD lC lD 10 1p N
r r N
r r r r r r r r n r N
N
r r r r r n n r
m m m
N N N N N N N N N N N O
L W y
m m m m m m m m w
N N N N N N N N N N N O
V1 V1 u1 N ul vl N ul N Vf w
E a J
o N N w a-1
e-I ei rl eY a -I ci 'i e-I rl rl l0 N
y y—
'f a+
o
O O O O O O O O O O
c a a a o o
eel N N
rl rl rl rl rl e-I e-I rl rl rl N
p
e-I e-I e-I e-I rl '-I rl rl rl rl e-I N
. . . . . . . . .
� c
'q w
a
0 0 0 0 0 0 0 0 0 0 0 o
u
o 0 0 0 0 0 0 0 0 0 0 0
a a v a c a a a a a a
a a a a v o a a a v v a
of of ai ai ai ai of of ai of ai m
N N N N N N N N N N N N
W W W W W W W W W W W W
� v ?
' >
m ai ai ai m m ai ai of m ai m
N N N N N N N N N N N N
W W W W W W W W W W W W
M M M M M M M R1 R1 M M M
y
M M M M M M R1 M M M M M
1p rD r% r\O r-
lD t0 1p 1p 1p nN NN rNl0 1%
n n n n
40
r, nrO nrO rl0 r% rl0 rlD r10 nl0 r% rlD n
N NNN N N N N N
? N
N N N N N N N N N N N N
li Q
c-I a-1 c-I e-I e-I •1 eel •i a-1 e-I rl
1p t0 t0 l0 lD l0 lD lD lD 1p 1p l0
C
•-I e-I e-1 e-I a -I r1 e-I e-I e-I rl '-I
t0 t0 t0 lD b O W b b l0 l0 lD
W W W W W W W W W W W W
0 0 0 0 0
O w
W W W W W W W W W W W W
0 0 0 0
m m m m m m m
T T T T M M M M M T T T
N �
M m M M M M M T T T m M
m m m m m m m m
m �
'v LL
e-I o c o c •i O O N a o rl N
O o O o N O
v
e-I e-I �-1 •i •-1 ri rl N N
O o 0 0 0 0 0 0 N o
a m oo
m m m m m m m m m m
w w w W w w W W W w W r
�
c m
v>
m m m m m m m m m m W
a a m
w W w w W w W W w w w n
M M M M m m m M M R N r
W ecW W W W W W W W N LO
E a
m m m m M M m m m M N n
W W W W W W W W W W N 1p
w l0 �O lD 1p lD 10 l0 w
q
a
N N N N N N N N N N N N
N N N N N N N N N N N N
N N N N N N N N N N N N
N N N N N N N N N N N N
N N N N N N N
N N N N N N N N N N N N
v
N N N N N
m T m m m m m m m m m
0 0 0 0 0 0 0 0 0 0 0 o
v
N�
0 o O O o 0 o
0 m 0 m m m m T m O O O
ti ti
.n-i ti ti ti ti ti .rl ti N tiID
¢ j
.ri ti ti N ti N ti ti ti .ri .r-i ti
O
G
a
N
O O O O O D O O O O N O
c o o o o o o o o
e-I rl N
_
C C
N
o a o o c� o
O O O O O O O O O O N O
o o
e-I N N rl rl e-I 'i e-I eel rl N
' -
'-I ei ei a-1 ei �V rl rl rl
ry
W
E E
N
as
N
N v
N
ry
Q Q
N
aea�a�a�a:aea:aeaea:a�ae
�
a°a:a:a:a:�a:a:a°aeaeae
N N N N N N N N N N N N
v
N N N N N N N N N N N N
W
C
o
E v
�
'o
m c
m
N
�-
v
y u
Q
c
W W W W W W W W W W W W
n
v
W W W W W W W W W W W W
a u
0 0 0 o a 0 0 0 0 0 0 0 0
o 0 0 0 0 0 0
yo,
}'
o 0 0 0 0 0 0 0 o a o 0
0 0 0 0 0 0 0 0 0 0
ai aS of ai of of a; ai ai of of of
v
>
of of ai ai ai of ai ai ai of of ai
y
W W W W W W W W W W W W
v y
w
W W W W W W W W W W W c
m m m m m m m
v +•
w
m m M M m It m m m M T T
ww wwwwwwwwww
> N
m m m m m
woo ww w o0 of www ww
>
.. a
-
r
v —
c 3
H
c y
0 0 0 0 0 0 0 0 o a o o
o c
o 0 0 0 0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0 0 0 0 0
V
�^
O O O O O O O O O O O O
O O O O O O O O O O O O
V N
O O O O O O O O O O O O
O O O O O O O O O O O O
p o
c
0 0 0 0 0 0 c c 0 0 0 0
o N
O O O O O O O O O O O o
0 0 0 0 0 0 0 0 0 0 0 o
p
E
v
E
o o 0 0 o 0 o o a 0 o o
o 0 0 0 0 0 0 0 0 0 0 o
p
V E
V
l0 1p 1p l0 l0 l0 lD lD lD l0 1p l0
N w
�
W � W b l0 lD l0 lD �O 1p lD l0
ry w
N O
6
O C
N O
N p
E
d 0
C E
C E
W W W W W W
W W W W W W W W W W W W
u w
W W W W W W
0 o o o a o o 0 0 0 0 o
0 0 c 0 0 0 0 0 0 0 0 0
u
E
,p_,
o 0 0 0 0 0 0 o 0 o 0 0
o c 0 0 0 0 o o 0 0 0 0
5
aS ai of ai of of ai ai ai of of ai
.. w
v
of ai aS ai ai ai of w ai m ai ai
W W W W W
y v
W W W W W W W W W W W W
TiLtL� T m T T T m M T m T m
m u
c
c
W W W W W W W
m m m m m M m m m m m m
w
O
Y
O
E
w
E
a -I N T V N lD n W 01 .~-I eN-1
y
j C
N N N r N R N N N
w
C
10 N N N N IO N N
N x
E
IO
v v v a v a v v a v v v
�
x
�
r
w •
w •
a
� a
w
LU
H
U
W
ry
W
J
W
W
J
r)
Z
D
O
af
ti
Z
W
G
G
L
N
Ru
T
F Makk.
Ile
Id
\w
/L
r
u
w
a
N
Of
w
d
w
w
N
M
af
m
z
O
u
w
Ln
ce
w
F-
z
L
N
c
4)
2,
U
m
M
O
U)
Q
_u
u
A
`w
L/
r
U
^w
I -
V)
Q�
^w
I -
w
w
N
r)
m
ce
F-
z
w
L.
_Go
c
d
v
M
O
a
u
u
d
u
a;
0o
m
0
l7
w
z
LU
W
a
U
a
0
z
to
w
U
w
a
N
w
CL
CL
Z)
w
to
0
J
U
'sz
L0009 SIONIIII'3E)VIIIA 3AME)
##XXX00�3 01311S
XODU0386pa c
`
oLO
Qv5o
O
o
zm=
� U,
a
W
Z
a 0 0 �
s
z
$ i ®.
UP-
p
3 g
z
W
gS
fn
ZnRg
~
Z�J{
pw
o.12aLLaA
ya
"-n HNZUziu
zggif
KLLlu
ZW
YW
iI
W
CD
Lu
z
toU
z
p
W=
4
N
aa
a
V
RR
0
N
OAI8 SY10HOIN
i�
c
...----------•--•-••-----
...... .................�.._
ttlin
>
a
oz�he—QL
arw
�zSS
QJ2N~p,�lf�.[�
a m
IrO
ui
QNg� w
o
z
wo
J
y
a s
�
T EI
s
u� ^
L000 ,
�
X§\L
m I' y 3 »
#0=003 _ »s
0386pe ce
\■
��\
�
2 §'n�
i
.|
(!
Jai
§
2
§
3
z
§
E
(D
0
LU
1L �--
aaa a�
H
L0009 SIONIIII'39VllIA 3AMO Nl3
##XXX00 1311S
xauuooa6pa CE)
I I I I I
I I I
I I I I I
I I
1 I
1 I
o---
--I-- --TF
1 I
--
I . I
Mpg
I I
I I
l�
1 I
IF
I, I
� I I
I
II j1j1
��F
I 1
I
I I I
i
1
I I I I
I
1
5
®
�00
N
< y H
W yy
Q
Ho
O
s
Z
9 J
f
}Ft
H
z
z
�
4
w
�
=
y
7
W
w
0
O
z
9
W
z
LLI
(D:) edgeconnex
January 7, 2022
Mr. Josh Grodzin
Director Business Development and Marketing
901 Wellington
Elk Grove Village, Illinois 60007
RE: 6b Petition — New Construction
Dear Mr. Grodzin:
Since late 2013, EdgeConneX has built over 40 data centers across North America, Europe, and South
America, creating a new Edge of.the Internet. We continue to move the Internet to where it is most
needed — into local markets across the country and around the globe. We are constantly evaluating our
strategic plan for supporting our customers and evaluating our expansions into new markets as well as
our current network of operations. Asa result, we are considering the second of a multi -phase campus
expansion in Elk Grove Village that could bring over $200 million in new investment above and beyond
our first phase and more quality new jobs.
Phase One of our expansion consists of a renovation of an existing 63,250 square feet warehouse to a 7
MW data center facility located at 2021 Lunt Ave, which was approved for a 6B incentive and is currently
in progress. Phase Two of the expansion is the subject of this letter and consists of a new 167,000
square feet 22.4 MW data center facility located between 2055 Lunt Ave through 1700 Nicholas Blvd,
which will be built on property acquired by EdgeConneX. EdgeConneX is seeking a 6(b) tax incentive for
this Phase under New Construction.
This project is one of several being evaluated within the EdgeConneX organization and thereby internally
competing for prioritization and funding. The 6(b) tax incentive is a key factor in determining the
financial feasibility of the expansion and will significantly influence the Company's decision on whether
or not to move forward with this additional development investment. Should the project not be eligible
for tax relieve under 6(b) the property tax profile of the completed project, alone, would likely make this
additional $200+ million prohibitive compared to EdgeCOnneX's alternative development options.
If EdgeConneX moves forward, this project would be a significant investment in Elk Grove Village that
will create jobs, boost the local tax base and support the area's technology -based economy. This
project would significantly expand EdgeConneX's presence in Elk Grove Village for the foreseeable
future and create additional opportunity for future growth.
We thank you in advance for considering supporting this project through a 6(b) property tax abatement -
New Construction.
E III Sincerely,
'{ Joe Harar
I
Chief Financial Officer
edgeconnex
Economic Disclosure Statement
As of January 7, 2022, the following is a complete list of all real estate owned by EdgeConneX
in Cook County:
PIN: 08-35-104-043-0000
1800 Nicholas Blvd, Elk Grove Village 60007
PIN: 08-35-104-062-0000
1700 Nicholas Blvd, Elk Grove Village
PIN: 08-35-104-075-0000
2021 Lunt Ave, Elk Grove Village 6007
PIN: 08-35-104-063-0000
2145 Lunt Ave, Elk Grove Village 6007
PIN: 08-35-104-053-0000
PIN: 08-35-104-047-0000
2055 Lunt Ave, Elk Grove Village 6007
PIN: 08-35-104-078-1001
2101 Lunt Ave, Elk Grove Village
PIN: 08-35-104-078-1002
2105 Lunt Ave, Elk Grove Village
Jennifer Zhan ALLISON ELIZABETH GREEN
Notary Public
Chief Accounting Officer, EdgeConneX Commonwealth of Virginia
January 7, 2022 Registration No. 7850101
My Commisstan Expires Sep 30, 2023
I certify the foregoing to be true and accurate, acknowledged to me on this) b day of January
2022,,4'p Fairfax County, Virgi ia.
By
U44��W f Name: