CEFC finance helps Geelong icon showcase sustainable office design

WorkSafe goes green

WorkSafe Victoria’s Geelong headquarters at 1 Malop Street is setting new standards in commercial office sustainability.

The property has been designed and constructed to achieve a 5.5 NABERS energy rating (excluding Green Power).

The commercial office project merges the original Dalgety & Co building into a landmark property.

Diversified property group Quintessential Equity delivered the $120 million 14-storey A-Grade office building on time and on budget. The CEFC provided $68 million in debt finance to stretch the energy efficiency design of the building, which is expected to result in a 25 per cent reduction in greenhouse gas emissions. Quintessential Equity repaid the loan in March 2020.

"Our 1 Malop Street development will set a new gold standard for near city office accommodation, providing a high quality, bespoke workspace designed specifically around the ethos of Live, Work, Play. It will be a legacy project which will form the centrepiece of the next phase of growth and development in Geelong,"

Guy French-Wright, Qunitessential Equity.  

Certified sustainable fitout

1 Malop Street is the first building in Australia to be WELL Pre-certified Gold by the International WELL Building Institute for its fitout. Certification will be undertaken once full occupancy has been reached. It has also been awarded WELL Certified Platinum status for Base Building (core and shell). This certification recognises that better designed buildings can lead to better health and wellness outcomes for their occupants.

Reducing emissions with new tech

Technologies that helped 1 Malop Street achieve market leading sustainability standards include:

• High performance façade with leading edge thermal performance building envelope
• Building air tightness, targeting best practice air leakage rates, to reduce energy use by up to 10 per cent
• A 90kW solar array expected to provide 15 per cent of base building energy
• High efficiency mechanical plant with air-to-air heat exchanger
• Humidity and CO₂ sensors and controls
• Electric vehicle charging facilities

Quintessential worked with Architect peckvonhartel, ESD consultants Aurecon and head contractor Built Construction to deliver the new Geelong landmark.

Learn more about the features of 1 Malop Street with Investment Insights into clean energy technologies in office development.