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Goodman to Invest $3.4B Developing 500MW ‘Project Atlas’ Data Centre Campus in Sydney

2026/01/22 by Christopher Caillavet Leave a Comment

Warehouses at 10 Roberts Road will yield to bit barns under the plan (Image: Goodman Group)

Australian builder Goodman Group has filed for an environmental assessment of a data centre project in western Sydney with an estimated investment cost of A$5 billion ($3.4 billion).

The scheme involves the redevelopment of Goodman’s existing Coles NDC logistics park in the Eastern Creek industrial hub, according to documents submitted to the New South Wales government.

The new complex, dubbed Project Atlas, would comprise two data centre buildings with a gross floor area of 27,800 square metres (299,237 square feet) and a total power consumption of up to 500 megawatts, the NSW Department of Planning, Housing and Infrastructure confirmed in a letter issued late last week.

The plan marks an expansion of Goodman’s hometown digital infrastructure footprint after the developer last April proposed Project Mars — the transformation of its Transtech Business Park in northwest Sydney into a 90MW data centre campus at an investment cost of A$1.2 billion.

Emerging Digital Hub

Located at 10 Roberts Road near the junction of the M4 and M7 motorways, Coles NDC previously served the same-named supermarket chain with 69,891 square metres of warehouse space. The site lies near a 200MW data centre campus at 17 Roberts Road operated by CDC.

Goodman Group chief executive Greg Goodman

Goodman Group CEO Greg Goodman is beefing up his hometown data centre footprint

Elsewhere in Eastern Creek, Aussie data centre operator NextDC and artificial intelligence startup OpenAI joined forces last month on the development of a hyperscale campus and large-scale GPU supercluster at NextDC’s S7 site.

The facility will incorporate next-generation features including closed-loop high-density liquid cooling for ultra-high-density GPU clusters, according to NextDC. Upon securing necessary approvals, the first phase of the S7 project is expected to be delivered in the second half of 2027.

In November, US private equity player Starwood Capital Group partnered with Singapore’s Doma Infrastructure Group and Australian telecom giant Telstra to develop a 62MW data centre in Minchinbury, just north of Eastern Creek.

The Minchinbury site has received development approval and is scheduled to begin construction in early 2026 and enter service in early 2028 as a hyperscale-ready facility for AI workloads, the companies said.

Euro Trip

ASX-listed Goodman and the Canada Pension Plan Investment Board said last month that they had agreed to launch a A$14 billion ($9.4 billion) European partnership with an initial capital commitment of A$3.9 billion to develop a set of data centres in Frankfurt, Amsterdam and Paris.

The Goodman European Data Centre Development Partnership is Toronto-based CPPIB’s first data centre tie-up in Europe, with the portfolio slated for 435MW of primary power and 282MW of IT load and construction expected to start by 30 June 2026.

In July, the group led by CEO Greg Goodman announced the creation of a $2.7 billion private vehicle focused on the Hong Kong data centre market, with co-investors including CPPIB, Dutch pension managers PGGM and APG, and CBRE Investment Management.

The vehicle’s 325MW seed portfolio comprises six assets including four stabilised data centres at Goodman’s 225MW Tsuen Wan West campus in the New Territories and two under-development projects.

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Filed Under: Data Centres Tagged With: Australia, daily-sp, Data centres, Featured, Goodman Group, highlight

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