DataBank and Goodman Group Launch 32MW Los Angeles Data Center JV
Event summary
- DataBank and Goodman Group form a 50/50 joint venture to develop a 32MW data center in Los Angeles.
- The facility, located at 3094 E Vernon Avenue, will open in December 2026 with initial 6MW capacity.
- Goodman acquired the site in 2023, securing power and entitlements, while DataBank will operate the facility.
- DataBank's development pipeline exceeds 850MW across major U.S. markets.
The big picture
The partnership leverages DataBank's operational expertise and Goodman's development capabilities to address supply constraints in one of the most competitive U.S. data center markets. This aligns with broader industry trends of strategic collaborations to accelerate digital infrastructure deployment amid surging demand from cloud, AI, and enterprise customers.
What we're watching
- Market Expansion
- Whether the JV will expand beyond Los Angeles into other capacity-constrained U.S. markets.
- Execution Risk
- The pace at which DataBank and Goodman can deliver additional phases of the 32MW facility through September 2027.
- Industry Demand
- How the growing demand for AI-ready data center capacity in Los Angeles will impact occupancy rates and pricing.
Our editorial coverage:
Related topics