Lendlease and Princeton Digital Group (PDG) has marked the commencement of construction of a 100 MW data centre campus with a groundbreaking ceremony in Saitama City, north of Tokyo.
This is the first project under Lendlease Data Center Partners. Lendlease is developing and constructing the core and shell on a built-to-suit basis for PDG, on a long-term lease. PDG will invest in and operate the data centre with its mechanical and electrical equipment.
This data centre will be one of the largest in Japan and is well-poised to serve the hyperscale requirements of some of the world’s largest cloud, commerce and content companies. The gross development value of the project post completion of all phases will be in excess of AU$800 million for Lendlease, while PDG is investing US$1 billion of capital in this new data centre.
Located in Saitama City, 30 km north of central Tokyo, the facility is sited on approximately 33,000 sqm of land in one of the major commercial centres in the Greater Tokyo area. The phased development is planned to deliver more than 60,000 sqm of gross floor area and close to 100 MW of IT capacity.
Japan is the second largest data centre market in Asia. Japan and Greater Tokyo are still in the early stages of growth, particularly in terms of entry and expansion of global hyperscalers.
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