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Digital Realty promises $365m worth of economic impact with new datacentre project

Digital Realty promises $365m worth of economic impact with new datacentre project

Also expects ripple effect on regional businesses and new employments

(L-R) Victorian minister for Technology, Gordon Rich-Phillips; Digital Realty Asia-Pacific regional head, Kris Kumar; Digital Realty senior vice-president of sales, Brent Behrman; MP Member for the Western Metropolitan Region in the Victorian Legislative Council,Andrew Elsbury; and Melton Shire Council councillor, Kathy Majdlik.

(L-R) Victorian minister for Technology, Gordon Rich-Phillips; Digital Realty Asia-Pacific regional head, Kris Kumar; Digital Realty senior vice-president of sales, Brent Behrman; MP Member for the Western Metropolitan Region in the Victorian Legislative Council,Andrew Elsbury; and Melton Shire Council councillor, Kathy Majdlik.

Datacentre soluitions provider, Digital Reality Trust's plan to build two datacentres at Deer Park in the Western Melbourne region is expected to boost the economy by $365 million.

Construction for the first datacentre has already begun.

According to Digital Realty Asia-Pacific regional head, Kris Kumar, not only will there be a positive impact on the economy, the company is also expecting a ripple effect on regional businesses – especially training and skills development for employees in SMBs within the datacentre industry.

He stated the datacentre developments are projected to offer approximately 220 direct jobs in the construction and operations stages, and at least 450 additional indirect jobs in the region.

"We are actively engaged in discussions with a number of serious prospects for our Australian datacentres. With our Australian staff in place, we aim to deliver secure, reliable and cost effective datacentre solutions to customers that are expanding their IT operations in the region," Kumar said.

The company acquired the development site at 72 and 98 Radnor Drive, Deer Park, within the Paramount Industrial Park development, in August 2011 for a purchase price of approximately $4.1 million.

Since then, the National Australia Bank has signed a long-term Turn-Key Datacentre lease for the first building, at 98 Radnor Drive. The lease was signed in the Q4 2011.

This new 5,000 square metre datacentre facility is scheduled for completion in early 2013.

Digital Realty has also acquired a 3.48 hectare development site in Sydney, for approximately $10.7 million.

Located in Erskine Park, an industrial precinct located in the Western Sydney Employment Hub, the site is capable of supporting approximately 18,600 square meters of datacentre development.


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