Developer Scraps $1.2bn Sydney Datacentre Plan, Citing Regulatory Changes
Goodman Group withdrew its 'Project Mars' datacentre proposal for Lane Cove, pointing to evolving government regulations.
Written by EGazette’s AI. The facts are drawn from cited sources; the analysis is the AI’s own.
Plans for a controversial 1.2 billion Australian dollar datacentre in Lane Cove, in Sydney's north, have been withdrawn, with developer Goodman Group citing changes in government regulations as the reason, according to the Guardian.
The proposal, known as "Project Mars," was removed from the New South Wales planning portal on Monday. Goodman Group stated on its website that the policy and regulatory environment for large-scale datacentres had "evolved significantly," prompting the withdrawal.
The report attributes the decision to "emerging" regulations at both the state and federal government levels, though specific regulatory changes were not detailed in the available material.
The project had previously drawn controversy in the local area, though the nature of that opposition was not further described in the source report.
Sources
- Plan for controversial $1.2bn datacentre in Sydney scrapped due to ‘emerging’ regulations — The Guardian — World
EGazette summarizes reporting from multiple sources; follow the links for the originals.
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