Planned solar powered commercial precinct in Melbourne’s CBD

Planned solar powered commercial precinct in Melbourne’s CBD

The Melbourne Quarter development that started in 2016, managed by property developers Landlease recently won financial backing from the Clean Energy Finance Corporation. Their project for a huge development in Melbourne’s CBD is underway with the first stage of the project is due to be completed in 2018.

It will receive $100 million in equity and will help ensure the developments follow best practice for energy efficiency. 50% of the 2.5 hectare site will be dedicated to open public space including Melbourne’s first Skypark, elevated above Collins Street.

The project will include 13,000 strong worker commercial properties and residential properties accommodating 3,000. It will boast what property group Lendlease advised will be one of Melbourne’s largest solar PV installations. And will include energy efficient designs, a water system using captured storm-water, a 40-storey vertical green design on two of the
residential towers and a car-share program. Lendlease are also investigating EV charging stations on the development.

The commercial buildings will include a 6 star green rating and the residential ones will have a 5 star rating.

This project expects to abate 40,000 tonnes of carbon emissions over the lifetime of the development.

“Lendlease and other industry leaders recognise the need to move towards net zero carbon buildings and we’re working together to identify ways in which that can be achieved as early as possible”, CEFC CEO Ian Learmonth

““A key focus of this investment is its ability to demonstrate, through the Melbourne Quarter development, how sustainability and design initiatives integrated across an entire precinct can transform the way we work and live, with zero carbon outcomes.”

It’s fantastic to see companies and developers focusing on energy efficiency and reducing carbon emissions starting from the ground up. Building developments and properties with energy efficiency in mind, encouraging Melbourne and Australia to a more sustainable future.

News item provided courtesy of Energy Makeovers