![\"2-76](\"https:\/\/www.europesays.com\/australia\/wp-content\/uploads\/2026\/05\/72-76-Cherry-Lane.jpg\")
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Stockland aims to redevelop 72-76 Cherry Lane in Laverton North under the plan (Image: Stockland)<\/p>\n
Australian builder Stockland has applied to redevelop a logistics estate in Melbourne into a 250-megawatt data centre campus, as the ASX-listed group advances plans to expand into digital infrastructure after recently forming a partnership with EQT-backed EdgeConneX.<\/p>\n
The proposal covers a 35 hectare (86 acre) site at 72-76 Cherry Lane in Melbourne\u2019s western suburbs, where Stockland currently owns and operates the Cherry Lane Distribution Centre, according to planning documents<\/a> filed with the government of Victoria.<\/p>\n The filings describe the project as a staged hyperscale campus comprising up to 250MW of IT load across multiple two-storey buildings, with the site positioned near existing electricity and transport infrastructure in Truganina, one of Melbourne\u2019s key logistics and industrial precincts. The application comes two months after Stockland finalised documentation establishing a 50:50 joint venture with EdgeConneX to develop, own and operate a portfolio of data centres.<\/p>\n \u201cThe parties will leverage Stockland\u2019s portfolio of assets in major markets across Australia for the development of hyperscale data centres,\u201d the company said in the March filing<\/a>.<\/p>\n Logistics Site Repositioning<\/p>\n The Cherry Lane property in Laverton North currently serves as a large-scale logistics estate run by Stockland, with existing facilities spanning more than 100,000 square metres (1 million square feet) of gross lettable area and tenants including supply chain operator Toll Group.<\/p>\n Stockland managing director and CEO Tarun Gupta (Image: Stockland)<\/p>\n Located near the Princes Freeway and Melbourne\u2019s western freight corridors, the estate sits within one of Australia\u2019s fastest-growing industrial markets, where rising power availability and land constraints have also attracted increasing interest from hyperscale data centre operators.<\/p>\n Melbourne has emerged as a battleground for data centre expansion in Australia alongside Sydney, with operators pursuing increasingly large campuses as international tech firms expand regional cloud and AI deployments.<\/p>\n Blackstone-backed AirTrunk in December acquired a site in Melbourne\u2019s northwest<\/a> for a planned 354MW campus known as MEL2, lifting its total planned investment in Victoria to more than A$7 billion.<\/p>\n Rival operator NextDC has been advancing its 162MW M4 facility at Fishermans Bend<\/a>, while Canberra-based CDC Data Centres earlier this year opened the first stage of a Brooklyn campus<\/a> and is developing a larger site in Laverton North.<\/p>\n EdgeConneX Expands<\/p>\n Founded in 2009 and backed by Swedish private equity group EQT, EdgeConneX has been accelerating its Asia Pacific expansion over the past two years through projects and market entries spanning Japan, China, Indonesia, Malaysia, the Philippines and India.<\/p>\n![\"\"](\"https:\/\/www.europesays.com\/australia\/wp-content\/uploads\/2026\/05\/Tarun-Gupta-of-Stockland.jpg\")
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