Plans to build a new £1 billion data centre in West London have emerged.
UK real estate investor SEGRO has formed a joint venture with global data centre operator, Pure Data Centres Group, to develop the 56MW facility on a 10-acre industrial site owned by SEGRO in Park Royal.
Initial specifications are for a 30,000 sqm fully fitted, three-storey data centre on the edge of SEGRO Park Premier Road.
The 10-acre plot, acquired by SEGRO in 2009, currently has a warehouse on it recently vacated by Matches Fashion, which will be demolished during site clearance and remedial works.
The fit out will include mechanical & electrical services and long lead equipment such as power distribution, cabling and cooling systems.
Pure DC will contribute 70MVA of secured power to enable delivery of the 56MW IT load data centre.
The development is expected to generate hundreds of jobs during its multi-year construction phase.
This will be SEGRO’s first fully fitted data centre project, to which it has committed a £150 million equity contribution.
The remaining construction costs will be financed by non-recourse bank financing, prior to the start of the build.
It is anticipated construction of the shell will start this year with the fully fitted space available from 2029.
“Construction will start once planning has been obtained, lease commitments have been secured and financing has been arranged,” said SEGRO.
“This announcement is another powerful endorsement of Britain as a home for tech investment, which will not only bolster the local economy and create job opportunities but also pave the way for a digital and AI-powered future,” said secretary of state for the Department of Science, Innovation & Technology, Peter Kyle.
“Private investment like this innovative partnership between SEGRO and Pure DC will help us ensure the UK has the digital infrastructure it needs to thrive, helping us harness the power of technology to grow the economy and raise living standards, the central missions in our Plan for Change.”
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