Industrial and logistics real estate firm Goodman has opened its newest data centre hub in Hong Kong’s Tsuen Wan West district at the site of an old textile factory it acquired in 2014 for a reported HK$1 billion (then US$129 million).
The revitalised development comprises four buildings totalling 1.6 million sqft of space, with critical digital infrastructure that enables the continued growth of Hong Kong's data centre, technology and telecommunication industries.
"Goodman Tsuen Wan West is the latest showcase of our commitment to urban regeneration, while meeting the surging demand both locally and regionally for high-tier data centres, technology infrastructure and emissions reduction objectives,” said Kristoffer Harvey, CEO Greater China, Goodman Group.
He added: “ This development combines our focus on optimising our properties for people and technology, helping deliver the infrastructure shaping the development of the digital economy in Hong Kong and the Greater Bay Area."
The first two buildings are now completed and fully leased by two of Goodman's major global customers. The remaining two buildings are currently under construction and will complete in 2024. Overall, the precinct is 87% committed to major global data centre and technology customers.
Goodman worked closely with the Hong Kong authorities, electricity provider CLP Power and its global customers for years, to realise the vision of the Goodman Tsuen Wan West development.
In line with Hong Kong's strategy to be a prime location for technology and data centres within the Asia Pacific region, Goodman has delivered these new facilities to its customers who will benefit from cutting-edge design. Each building has its own independent high-voltage power supply with high levels of resiliency to accommodate a range of high-tier data centre, IT, telecommunications and industrial uses.
Meanwhile, Goodman continues its focus on being a leader in sustainability. In 2021, Goodman achieved its goal of carbon neutrality across its global operations, four years ahead of its 2025 target. The Goodman Tsuen Wan West precinct further builds on these achievements, marking Hong Kong's first development to have offset the embodied emissions from its construction. The buildings are LEED Gold pre-certified and incorporate an extensive range of sustainability initiatives including rooftop solar as well as recycling of demolition materials.