Cbus Property has committed to major green building initiatives that will see it progress towards its goal of achieving a net zero carbon status for its portfolio. This includes impressive achievements in the Green Building Council of Australia’s Green Star rating system, with the developer’s 443 Queen St project in Brisbane recently being awarded Australia’s first 6 Star Green Star – Design & As Built Version 1.2 Design Review certified rating for a residential tower.
Another example of Cbus Property’s sustainable approach is 111 Castlereagh, a 22-storey residential apartment tower above the former David Jones department store on Castlereagh Street in Sydney’s CBD. The development will house 101 luxury residences featuring smart design and technology.
Embedding sustainability into this project is not just about ticking a box, but delivering value for the environment as well as residents, says Cbus Property’s chief executive officer, Adrian Pozzo. “It is the future,” he says. “Whether it is at 111 Castlereagh or whatever else we do from here on, it is all about sustainability – particularly for our residential developments. It has always been the case for commercial office developments, but in the past few years, residential has also come to the fore.”
COVID-induced lockdowns have put a sharp focus on environmentally-friendly design and construction at residential projects, with Australians now spending more time working from home and likely to continue doing so even once workplaces are reopened.“It is all about healthy spaces, which we have long been talking about in our commercial towers, but it is now about healthy spaces where people live,” Pozzo says. “Where people live now, as we have found in the past 18 months, is where many people will probably work, too.
“ So it is all about lifestyle and wellbeing while working from home.” At 111 Castlereagh, architects fjmtstudio have made clever use of green spaces throughout the building. At the base of the new tower are two levels of amenities across landscaped roof terraces, which will help to reduce stormwater overflow and insulate the heritage building below.
The location of the building also gives residents the opportunity to meander across the road to Hyde Park where they can also socialise, exercise or just find some tranquility. If they prefer to stay in, residents can find plenty to do with a heated open-air pool, gym, yoga terrace, barbeque area and private dining room.