TOKYO, June 13, 2022 – (ACN Newswire) – Lend-Lease and Princeton Digital Group (PDG) marked the start of construction of a 100MW data center campus today with a groundbreaking ceremony at Saitama Cityin the north of Tokyo. This is the first project under Lendlease Data Center Partners. Lend-Lease develops and builds the core and shell on a bespoke CEO basis, under a long-term lease. PDG will invest in and operate the data center with its mechanical and electrical equipment. This data center will be one of the largest in Japan and is well positioned to meet the hyperscale requirements of some of the world’s largest cloud, commerce and content companies. The gross development value of the project after the completion of all phases will be greater than 800 million Australian dollars for Lend-Leasewhile CEO invests 1 billion US dollars of capital in this new data center.
Situated in Saitama City30 km north of the center Tokyothe facility is located on approximately 33,000 m² of land in one of the main shopping centers in the Greater Tokyo Region. The incremental development is planned to provide over 60,000m² of gross floor area and almost 100MW of IT capacity.
Japan is the second largest data center market in Asia. Japan and Greater Tokyo are still in the early stages of growth, especially in terms of entry and expansion of global hyperscalers.
The new facility will be built to the latest hyperscale designs and standards, offering improved scalability, connectivity and reliability. Kajima Corporation was appointed contractor and Nikken Sekkei Ltd designate. This phase will be completed in 2024.
Andre Gaucigeneral manager of Japan & Head of Telecoms and Data Infrastructure Asia:
“We are excited to begin construction of our first data center project under Lendlease Data Center Partners, for a pan-Asian market leader as CEO. This contributes to the Japanese government’s plans to increase data capacity in the country and improve digital resilience. Data centers are also a key sector for Lend-Lease and we look forward to accelerating our growth in the data infrastructure sector in our strategic markets.”
Rangu SalgameCEO of Princeton Digital Group:
“Today marks an important milestone in CEO’s plans for Japan, which is an important and strategic market for our customers. The start of construction on time is a validation of our approach of adopting the right model for each market, such as working with leading developers like Lend-Lease for this project. Our continued track record of delivering on our commitments is a key factor in why PDG is a partner of choice for hyperscalers in the region. »
For more information please contact:
+81 80 3578 3971
Princeton Digital Group
PRecious Communications for Princeton Digital Group
Lend-Lease is an international real estate group with core expertise in shaping cities and creating strong, connected communities. Our goal is that together we create value through places where communities thrive. Based at Sydney, Australiaand listed on the Australian Securities Exchange, Lend-Lease has operations in Australia, Asia, Europe and the Americas, with approximately 8,000 employees worldwide. Our core capabilities are reflected in our development, investment and construction operating segments. We are known in Chinese. For more information visit: www.lendlease.com
About Princeton Digital Group
Princeton Digital Group (PDG) is a leading developer and operator of Internet infrastructure. Based at Singapore with a presence and operations in China, Singapore, India, Indonesiaand Japanits data center portfolio is fueling the expansion of hyperscalers and enterprises in the fastest growing digital economies across Asia. For more information, visit www.princetondg.com or follow us on LinkedIn (https://www.linkedin.com/company/princetondg/) .
Source: Princeton Digital Group
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