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.
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.
Technologies that helped 1 Malop Street achieve market leading sustainability standards include:
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.
Victoria, Infrastructure, Property, Energy efficiency