DataBank, a leading provider of enterprise-class colocation, interconnection, and managed services, along with Goodman Group (ASX:GMG), a global provider of digital infrastructure, have formed a joint venture (JV) which will enable the launch of a new 32MW facility in Los Angeles, one of the most supply-constrained data centre markets in the U.S.
The new data centre, located at 3094 E Vernon Avenue in Vernon, CA, will meet the growing demand for high-density, scalable data centre capacity that the Los Angeles region is currently seeing from cloud, AI, and enterprise customers. The site is expected to open in December of 2026 with the first 6MW available and the remaining 26MW coming online in stages through to September 2027. The site adds to DataBank’s existing development pipeline of more than 850MW across major U.S markets including Dallas, New York, Atlanta, Kansas City, Houston, and Northern Virginia.
The JV establishes a strategic partnership that leverages the strengths of both parties, combining capital, with development, leasing and operational excellence. Goodman brings a track-record of delivering large-scale complex infrastructure around the world, having first acquired the Vernon site in 2023, securing power, planning and entitlements, and designing the Vernon facility which sits within Goodman’s 6.0 GW global power bank. Goodman will complete the development as part of its projected work in progress of $USD12.4 billion1 spanning both industrial and low latency data centres in major metro markets across the US, Europe, Asia and Australia. DataBank will operate the new Vernon site, its second in the L.A. market, adding to an infrastructure platform of 70+ data centres and interconnection sites in 25+ U.S. markets, and drawing upon a 20-year history of data centre leasing, operational excellence and industry-leading customer satisfaction.
The Vernon property is just the first for the JV as both parties intend to expand the relationship through the development of additional sites in capacity constrained markets across the U.S.
“We’re excited to be partnering with Goodman to bring critically needed AI-ready data centre capacity to enterprises in the Los Angeles market,” said Raul Martynek, DataBank’s CEO. “Together with Goodman’s development expertise, we’re able to accelerate our expansion in the market and deliver a world-class data centre that will serve hyperscale, AI and enterprise customers with the reliability, scalability and operational excellence they expect from DataBank.”
Anthony Rozic, CEO Goodman North America, said “Power, sites, and capital are critical to being able to build into demand and provide delivery certainty for customers. Vernon is a landmark project for Goodman in North America and a key component in our local data centre strategy, where we procured the site, power and capital to bring it to the advanced stage it is today. By partnering with DataBank, utilising its proven platform and its relationships with more than 2500 enterprise customers, we can optimise the delivery of this critical digital infrastructure to the market.”
1 Total projected work in progress by 30 June 2026 (AUD >$18 billion)
Source: https://www.goodman.com/
