Data Centre News Asia - 22 July News

Tell you where there's no caves or hidden caverns, that's Sydney.

Nice, hilly, but there is lots of flat land around it that you can develop data centers on, which is exactly what Macquarie are apparently doing with a new bit of land that they have bought.

Or I should say that they have exercised their option to buy, so this may have been one that we mentioned before.

So this is Macquarie DC or Macquarie Data Centers, not to be confused with Macquarie Technology, Macquarie Capital, Macquarie Real Estate Management.

And yeah, this is...

What have you got on this one? So this is Ta- Talavera Road, and it's a...

Yeah, it looks like a pretty big punchy site.

Yeah.

Macquarie Data Centers has developed a 200-megawatt data center campus in that kind of li- light industrial area, which you mentioned.

Exercised their right, so completion is due pretty imminently, as I understand.

$170 million USD for this parcel.

Macquarie Data Centers, not all, but a lot of their capacity is in that North Sydney AZ, which supports both Microsoft and AWS, so it's very, this will be a very sought after parcel or piece of capacity, I would imagine.

What's interesting here is all of the kind of the, I suppose the community stuff or the, I suppose the partnerships that Macquarie Data Centers are keen to stress.

So there's gonna be a community garden, an outdoor gallery, and they're gonna be working closely with Macquarie University, and I think these are the kind of initiatives which I think people need to take in order to ensure that kind of social license piece is met.

But yeah, it's an interesting one, and well done to the Macquarie Data Centers team.

Yes, I did also spot the one acre intergenerational community park for the City of Ryde residents.

But this is something not to be sniffed at.

There's obviously increasing importance on community engagement, and it's good to see we've used Australia so far as the, the benchmark for people in Asia to be looking at and going, "Okay, how do we handle these community issues? How do we make sure people are understanding why governments around the world and companies around the world need these data centers to be developed?" And part of that is also making them part of the local community and part of a community people want to be there, rather than just some big ugly gray building that makes noise and causes pollution.

So this looks like it won't be one of those.

And yeah, good job to David Hirst and the Macquarie Data Centers team on that part.