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Hoffman Estates cites $10 billion Compass investment, $500 million Microsoft expansion

Office of the Mayor, Village of Hoffman Estates · February 19, 2026
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Summary

Mayor Bill McLeod said Compass Data Centers will redevelop the former Sears headquarters with an investment he put at more than $10,000,000,000 and that Microsoft has entered phase 2 of a $500,000,000 data center expansion along Lakewood Boulevard; both projects are presented as diversifying the village tax base.

Mayor Bill McLeod said Compass Data Centers will transform the former Sears headquarters site into a data center campus and that the company’s investment is "over $10,000,000,000," a development he described as diversifying Hoffman Estates’ tax base and strengthening long-term financial stability.

McLeod also said Microsoft has…

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