Goodman Group acquired the former ABC television studios in Artarmon in 2022, which is likely the site for the SYD01 data center.
Deal Analysis
Goodman Group acquired the former ABC television studios in Artarmon, Sydney, in 2022. This significant real estate transaction is identified as the likely site for the SYD01 data center. The deal involved Goodman Group as the buyer and ABC as the seller, with the financial value of the acquisition remaining undisclosed. The announcement date for this deal is noted as 2026-03-04, despite the acquisition occurring in 2022, suggesting a forward-looking public disclosure or milestone.
This acquisition represents a strategic move by Goodman Group into the digital infrastructure sector, leveraging a substantial and well-located urban site for a high-demand asset like a data center. The repurposing of former media studios for advanced technological infrastructure underscores a broader trend in urban development and the increasing need for specialized facilities to support digital growth. While specific project stage and capacity details for SYD01 are not disclosed, the transaction highlights Goodman's long-term strategic play in a critical and rapidly expanding infrastructure segment.
- Acquisition of former ABC television studios in Artarmon, Sydney, by Goodman Group.
- Site identified as the likely location for the SYD01 data center.
- Goodman Group's strategic entry or expansion into the digital infrastructure sector.
- Repurposing of a large, well-located urban site for high-tech infrastructure.
Source Intelligence
KEY DETAILS
The SYD01 site is set on 1.4 hectares. The first phase will have 12.2MW capacity. The facility will have a 90MW utility feed. The SYD01 site was likely acquired by Goodman in 2022 and the company filed to turn it into a data center development in 2024. The facility is intended to support AI and cloud services.
Quotes: "Set on 1.4 hectares, the first 12.2MW phase is due to be ready for service in Q2 2028.", "The facility will total 61MW of IT capacity via a 90MW utility feed.", "The SYD01 site is likely the former ABC television studios in Artarmon that Goodman acquired in 2022. The company filed to turn it into a data center development in 2024.", "SYD01 demonstrates how Goodman’s global data center capability is being deployed in Australia to support the accelerating demand for AI and cloud services."
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Capacity
The facility will total 61MW of IT capacity via a 90MW utility feed.
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Location
The company this week announced the commencement of construction on its SYD01 data center in Artarmon, northern Sydney. ... The SYD01 site is likely the former ABC television studios in Artarmon that Goodman acquired in 2022.
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Announcement
The company this week announced the commencement of construction on its SYD01 data center in Artarmon, northern Sydney.
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COD
the first 12.2MW phase is due to be ready for service in Q2 2028.
PARTIES MENTIONED IN SOURCE
G
Goodman
developer
"Australian real estate firm Goodman has broken ground on a new data center in Sydney."
G
Goodman Group
developer
"Goodman Group Set on 1.4 hectares, the first 12.2MW phase is due to be ready for service in Q2 2028."
high quality
Enriched Mar 4, 2026