News & Discussion: General CBD Development
City's green streak leading the nation
RHIANNON HOYLE, REAL ESTATE EDITOR
May 25, 2007 02:15am
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IF OUR city's property market is anything to go by, the rest of the nation must be green with envy.
New figures show Adelaide is the clear leader when it comes to greening our capital cities.
The latest Green Building Council of Australia data shows Adelaide - with 80,882sq m - has the largest quantity of Green Star-certified office floor space in Australia.
Property Council executive director Nathan Paine said the Adelaide figure compared very favourably to the entire Victorian market, which is in second place at 67,717sq m.
"What is more surprising is we are comfortably ahead of Sydney, the nation's largest office market, with only 37,537sq m of Green Star-rated floor space," he said.
According to the Green Building Council data, commercial buildings account for 8.8 per cent of national greenhouse gas emissions.
"We are very proud Adelaide is leading the pack in meeting Australia's international greenhouse obligations," Mr Paine said.
"Adelaide's property sector is not just seen as a national leader in sustainable development, but has attracted significant global attention.
"This is best illustrated by several German investment funds who have bought properties in Adelaide to bolster their green portfolios."
Adelaide boasts the largest Green Star-certified project in Australia, with the 21-storey ANZ House in City Central.
Green Star-rating tools help the property industry reduce the environmental impact of buildings, improve occupant health and productivity.
Green Building Council of Australia chief executive Romilly Madew said the push to build green was gathering pace around the country, reflected by more than 200 per cent growth in the number of projects registered and certified under the environmental rating system for buildings in the past 12 months.
"Clearly, the Australian property industry has embraced green building, and it's no longer just a niche market - it's the main game," she said.
Mr Paine said there were a further nine Green Star-certified buildings in the pipeline for SA.
"This will mean an extra 104,715sq m of green floor stock in the foreseeable future," he said.
RHIANNON HOYLE, REAL ESTATE EDITOR
May 25, 2007 02:15am
Article from:
Font size: + -
Send this article: Print Email
IF OUR city's property market is anything to go by, the rest of the nation must be green with envy.
New figures show Adelaide is the clear leader when it comes to greening our capital cities.
The latest Green Building Council of Australia data shows Adelaide - with 80,882sq m - has the largest quantity of Green Star-certified office floor space in Australia.
Property Council executive director Nathan Paine said the Adelaide figure compared very favourably to the entire Victorian market, which is in second place at 67,717sq m.
"What is more surprising is we are comfortably ahead of Sydney, the nation's largest office market, with only 37,537sq m of Green Star-rated floor space," he said.
According to the Green Building Council data, commercial buildings account for 8.8 per cent of national greenhouse gas emissions.
"We are very proud Adelaide is leading the pack in meeting Australia's international greenhouse obligations," Mr Paine said.
"Adelaide's property sector is not just seen as a national leader in sustainable development, but has attracted significant global attention.
"This is best illustrated by several German investment funds who have bought properties in Adelaide to bolster their green portfolios."
Adelaide boasts the largest Green Star-certified project in Australia, with the 21-storey ANZ House in City Central.
Green Star-rating tools help the property industry reduce the environmental impact of buildings, improve occupant health and productivity.
Green Building Council of Australia chief executive Romilly Madew said the push to build green was gathering pace around the country, reflected by more than 200 per cent growth in the number of projects registered and certified under the environmental rating system for buildings in the past 12 months.
"Clearly, the Australian property industry has embraced green building, and it's no longer just a niche market - it's the main game," she said.
Mr Paine said there were a further nine Green Star-certified buildings in the pipeline for SA.
"This will mean an extra 104,715sq m of green floor stock in the foreseeable future," he said.
I noticed in the council's 2007/2008 draft budget they have allocated $400,000 to a restaurant/cafe on the eastern end of Rundle Mall.
Stage 3 of the North terrace Upgrade to commence in 2007/2008 until 2009 (Parliament House/ Railway Station Precinct and Stage 4 ( King William to Kintore Ave) is to commence in 2009/2010.
Hindmarsh Square is getting a $2.5 Million upgrade in 2008/2009 for the remaining 3 quadrants after the North Western playgroud has been complete.
Stage 3 of the North terrace Upgrade to commence in 2007/2008 until 2009 (Parliament House/ Railway Station Precinct and Stage 4 ( King William to Kintore Ave) is to commence in 2009/2010.
Hindmarsh Square is getting a $2.5 Million upgrade in 2008/2009 for the remaining 3 quadrants after the North Western playgroud has been complete.
I don't know if its a good idea having another one, because the existing one hasn't been very busy.beamer85 wrote:I noticed in the council's 2007/2008 draft budget they have allocated $400,000 to a restaurant/cafe on the eastern end of Rundle Mall.
What about from Frome Road to East Terrace, or are they going to leave it until the RAH is demolished?Stage 3 of the North terrace Upgrade to commence in 2007/2008 until 2009 (Parliament House/ Railway Station Precinct and Stage 4 ( King William to Kintore Ave) is to commence in 2009/2010.
yeh i'm with you crawf... especially since this one will be located next to rundle street where there are already so many cafe's / restarants already therecrawf wrote:I don't know if its a good idea having another one, because the existing one hasn't been very busy.beamer85 wrote:I noticed in the council's 2007/2008 draft budget they have allocated $400,000 to a restaurant/cafe on the eastern end of Rundle Mall.
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