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Macquarie’s $240M Data Center Bet | Australia News
Description
Macquarie Technology just splashed $240 million on Sydney land for a colossal new data center — part of a $3 billion push to build Australia’s fourth facility in Macquarie Park, slated for late 2029 pending planning approval. This isn’t just about storage — it’s a bold move to keep Aussie data on Aussie soil, preventing critical digital infrastructure from drifting overseas. The center will also fuel AI research, partner with Macquarie University, and transform a forgotten industrial zone into a vibrant half-hectare park with student art. With six existing centers powering banks, hospitals, and government, this expansion is a major leap toward digital sovereignty and local innovation.
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