Future perfect
By recognising the competitive advantage of using a sustainable design, Austcorp's latest project, 370 Docklands, commands higher rentals and costs less to maintain
Increasingly, companies looking for office space are considering more than the initial cost. The impact of work and living environments on the occupants, long-term maintenance costs and the effect on the wider community are becoming part of the equation.
When Austcorp and YarraCity became joint venture partners in a new development at 370 Docklands Drive, they saw the advantage of applying sustainable principles to the project.
"We have recognised that sustainability is a competitive advantage in the property market. Buildings with a 5-Star Green Star As-Designed rating represent high value to investors because they command higher rentals and cost less to maintain in the long run," says Greig Donnelly, Austcorp's state manager Victoria.
Early in the planning stages of the building, the developers committed to ensure its performance met the criteria for a 5-Star Green Star As-Designed rating. Now that it is completed, Austcorp and YarraCity are targeting a 5-Star Green Star Office As-Built rating.
Austcorp is a national property development, funds management and investment group with projects in New South Wales, Queensland, Victoria and Northern Territory. Its portfolio includes brownfield and greenfield communities, residential apartments and townhouses, commercial and industrial buildings.
"Our passion is to develop quality properties, so we use leading architects, interior and landscape designers to ensure this. We want our developments to have lasting value for owners, occupants and the general community," says Donnelly.
For details, contact Austcorp, Level 3, 460 Bourke St, Melbourne, Vic 3000, phone (03) 9230 0188, fax (03) 9230 0199, Website: www.austcorp.com.au.
Story by: Trendsideas
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