DataBank and Australia-based Goodman Group have announced a 50/50 joint venture to develop and operate a new data center in Vernon, California, as reported by Data Center Dynamics. The partnership addresses growing demand for AI-ready colocation capacity in Los Angeles, a market where available supply has struggled to keep pace with enterprise and hyperscale requirements.
Goodman brings significant development muscle to the deal, having acquired the Vernon site in 2023 and secured power, entitlements, and design before bringing DataBank on as operator. The facility sits within Goodman’s 6.0 GW global power bank and a projected work in progress of $12.4 billion spanning data centers and industrial properties across the U.S., Europe, Asia, and Australia.
“Together with Goodman’s development expertise, we’re able to accelerate our expansion in the market and deliver a world-class data center that will serve hyperscale, AI, and enterprise customers with the reliability, scalability, and operational excellence they expect from DataBank.”
— Raul Martynek, CEO, DataBank
The 32MW Vernon facility is expected to begin delivering capacity in December 2026, with full buildout completing by September 2027. Both parties intend to expand the JV beyond Vernon into additional supply-constrained U.S. markets.
Read the full article at Data Center Dynamics.
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DataBank and Goodman Group have formed a joint venture to deliver a new 32MW, AI-ready data center in Los Angeles. The project combines Goodman’s global development expertise with DataBank’s operational excellence to address growing demand for high-density, scalable capacity in a supply-constrained market.
AI workloads are reshaping data center infrastructure with extreme power fluctuations and cooling demands that are forcing operators to rethink everything they build.
Despite AI hype and unprecedented capital deployment, 2026 will see tighter financing, constrained power, and gradual enterprise adoption as the industry returns to fundamentals.
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