With an initial investment of US$160 million (approximately A$224 million), the South Sydney facility will be the largest to date for Equinix in Australia, expanding the company’s national footprint to support companies along their digital transformation journeys.
The SY5 IBX is located in Alexandria, about 2.5 miles (four kilometres) from Sydney’s central business district offering an initial capacity of 1,825 cabinets. The new facility will host a total colocation space of more than 260,000 square feet (approximately 25,000 square metres) and 9,225 cabinets when fully built.
SY5 is part of Equinix’s committed investment of more than US$535 million (almost A$750 million) for 11 new-build or expansion projects opening in 2019 in key metros across Asia-Pacific. There are projects in Hong Kong, Melbourne, Perth, Osaka, Seoul, Shanghai, Sydney, Singapore and Tokyo.
“Equinix is committed to continuously evolving our services to interconnect our customers at the digital edge, a critical part of digital transformation efforts of many enterprises, cloud providers and network providers. Expansions of our platform and innovations of our technology make us a trusted advisor for our customers to help accelerate their digital transformation journeys. I look forward to seeing Equinix continue our growth in Australia as part of our expansion plans in the region,” said Jeremy Deutsch, President Asia-Pacific, Equinix.