Jul 16, 2026 | Posted by Abdul-Rahman Oladimeji
Macquarie Technology Group subsidiary Macquarie Data Centres has exercised its option to acquire a 34,200 sqm (368,125 sq ft) site in Sydney's Macquarie Park for a planned 200MW data center campus. The AU$240 million (US$167.95 million) acquisition is expected to close in the coming weeks following completion of the subdivision process. Initial construction is slated for completion in late 2029, with the campus also set to support research and technology initiatives in partnership with Macquarie University.
Macquarie Data Centres CEO, David Hirst, said: “Alongside the ~200MW of Australian-owned and operated data centers this will deliver to Sydney's north zone, the proposed campus will also deliver lasting benefit to the local community. In partnership with Macquarie University, students and researchers will gain hands-on access to the latest data center, cyber security and cloud technologies. It will also provide a more than one-acre-sized intergenerational community park for City of Ryde residents.”
Macquarie said it is exploring funding options for the project, including capital recycling and development partnerships. The company operates data center campuses in Sydney's CBD and Macquarie Park, where IC3 Super West is under development, as well as two bunker facilities in Canberra. It first revealed plans for a new Sydney campus in July 2025.
