Australian property developer Hickory forays into data centre business
Published 11 June 2021
Australian property developer Hickory has marked its foray into the data centre industry with the launch of its new business arm, Hickory Data Centres.
Hickory Data Centres will be helmed by CEO Joel O’Halloran. The company has already secured a 3.5 hectare site at Truganina, west of Melbourne, and construction of a 36 megawatt data centre is scheduled to commence later this year.
O’Halloran told the Australian Financial Review (AFR) that Hickory Data Centre’s vision is to build, lease, and operate hyperscale data centres for major cloud service providers and e-commerce companies.
Named HDC M01, the Truganina data centre will be 25,000 square metres wide with 12 data halls. Michael Argyou, Director of Hickory, also told the AFR that the facility is a self-funded spec build with no tenant in place. However, Argyou said that they are confident of filling the space thanks to increased demand for data centres in Melbourne.
“From our world-class HBS building technology to the recent launch of FLEX Co-working spaces, we are always on the lookout to expand into new and emerging markets. Entering the data centre sector was the natural next step for Hickory,”
“Data centres are a critical part of our rapidly expanding digital economy. As Australia’s consumption and dependence on cloud continue to increase, we are proud to be supporting the digital infrastructure that will enable Australian businesses to prosper.” Mr. Argyou continued.