The Victorian capital is further shoring up the green credentials of new office property in its central business district.
The latest landmark addition to the Melbourne's Docklands has obtained a 6 Star Green star Office Design v3 rating in the immediate wake of its recent completion.
The $440 million Grade-A office building is situated adjacent to Etihad Stadium at 720 Bourke Street, just west of the Melbourne CBD, and contains over 47,000 square metres of net lettable area distributed across a total of 22 storeys.
Brookfield Multiplex commenced construction work on the project in May 2012. The building is set to both host commercial tenants and food outlets, with Medibank serving as its anchor tenant.
Sustainable features of the building include underfloor air distribution, recycled water usage, a storage tank with a 230,000 litre capacity for rainwater collection and irrigation purposes. a trigeneration system, and a roof equipped with solar photovoltaic cells to reduce both utilities bills and the building's carbon footprint.
The builder's designers, HASSELL Architects, have also included a building management system (BMS) and controllable mechanical and electrical system as part of efforts to obtain a 5 Star NABERS rating.
In addition to its strong sustainability chops, the building seeks to produce a park-like natural atmosphere in Melbourne's downtown area, with 1,500 square metres of open garden space, two large green walls and vertical gardens.
A central atrium running 22 storeys from the floor to the ceiling also permits ample amounts of natural light. The building also features double-glazed glass, perforated metal screens, metal gladding and timber, and stone tiling and timber panelling in its lobbies.
Graham Cottam, regional managing director for Brookfield Multiplex Victoria, hailed the contribution that the innovative new building would make to the Docklands skyline, as well as the outstanding outcome achieved by managing the project in collaboration with Cbus Property.
The awarding of the 6 Star Green star Office Design v3 rating to 720 Bourke St. comes just as the sale of one of Melbourne's most sustainable office properties - the EPA Building - attests to the immense profitability of green property in Australia.
The EPA Building situated at 200 Victoria Street in the Melbourne suburb of Carlton reaped owner Impact Investment Group a profit of nearly $10 million when it was sold just a little over half a year following its initial acquisition.