PGIM 1 Oroya Drive Hyperscale AI Campus

Status: Active Development / Master Planning & Site Approvals Phase (Land Acquired Early 2026)   |   Location: 1 Oroya Drive, Truganina, Victoria 3029, Greater Melbourne, Australia

Project Overview

The PGIM 1 Oroya Drive Data Center is a major AU$1.2 billion (approximately US$850 million) hyperscale digital infrastructure campus located on a 20.7-hectare site at 1 Oroya Drive in Truganina, within Melbourne’s western industrial corridor, Victoria, Australia. Developed through PGIM Real Estate’s dedicated Global Data Center Fund, the project represents a significant investment in Australia’s expanding digital infrastructure market and ranks among the largest single-site data center acquisitions in Victoria. Its strategic location within Melbourne’s established industrial and logistics region provides access to the city’s commercial ecosystem, telecommunications networks, and growing demand for cloud-based services. The campus is positioned to support the computing requirements of hyperscale cloud providers, enterprises, and digital service operators as organizations increasingly adopt artificial intelligence (AI), data analytics, and high-performance computing applications. The site’s substantial land area provides scope for large-scale infrastructure deployment and potential future expansion, subject to development plans, power availability, and planning approvals. Melbourne’s role as a major Australian business and technology center strengthens the project’s potential to serve organizations requiring scalable, secure, and resilient computing environments. The investment also reflects growing institutional interest in data centers as essential digital infrastructure, supported by rising data consumption, cloud migration, and demand for AI-enabled services. As computing workloads become more demanding, hyperscale campuses require robust electricity infrastructure, reliable connectivity, efficient cooling systems, and carefully managed environmental performance. The 1 Oroya Drive development highlights the increasing importance of large-scale digital infrastructure within Melbourne’s western growth corridor. By combining substantial land holdings with institutional investment, the project could contribute to Victoria’s long-term data center capacity and strengthen Melbourne’s position in Australia’s competitive cloud and digital infrastructure landscape.

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