A major developer has scrapped plans for a $1.2 billion datacentre project in Sydney’s north, citing recent shifts in government regulations as the reason for abandoning the scheme. The withdrawal of "Project Mars" follows a statement from the developer acknowledging that policy and regulatory conditions for large-scale datacentres have changed substantially. The plans were removed from the state’s planning portal, marking the end of a controversial proposal that had drawn significant attention. The decision highlights growing uncertainty in the approval process for major infrastructure projects under evolving state and federal rules.
Developer Goodman Group says changes in government rules are behind decision to pull plug on ‘Project Mars’ in Lane CoveGet our new political email, free app or daily news podcastPlans for a controversial $1.2bn datacentre in Lane Cove in Sydney’s north have been withdrawn, with the developer blaming “emerging” regulations from the state and federal governments for the decision to pull the plug.The “Project Mars” plans were withdrawn from the NSW planning portal on Monday, with the developer, Goodman Group, posting on its site that the policy and regulatory environment for large-scale datacentres had “evolved significantly”.Sign up for Guardian Australia’s Politics, really newsletter here Continue reading...
