Ipswich centre earns green cred | IR News

Ipswich centre earns green cred

Posted Date: 18/05/2012

By Inside Retail

A commercial building at the gateway to Ipswich’s business heart has undergone a major upgrade with the support of finance from Australian Government backed company Low Carbon Australia.

Trident's Limestone Street Centre has completed a three-pronged approach involving upgrades to lighting, air-conditioning and a building management system creating a cleaner, greener place to do business.

Low Carbon Australia’s CEO Meg McDonald said the building, with 7000 sqm of office and retail space, had a zero star National Australian Built Environment Rating System (NABERS) result in January 2011, but it is now targeting four stars.

Trident Corporation’s MD Justin Goddard said the $1.6 million upgrade, which took about three months to complete, is expected to produce annual energy savings of 718,000kWH and annual greenhouse gas reductions of 718 tonnes.

“Low Carbon Australia helped us with finance for about 90 per cent of the total project cost,” he said.

“What we now have, is a building that has improved its value and uses significantly less energy than before, making it more attractive to tenants as well as underpinning its long-term value.

“I hope that Limestone Street, which is right at the gateway to Ipswich, will inspire more energy efficiency work in the CBD to support Ipswich’s local economy.”

McDonald said the project was just one of a growing number of opportunities where Low Carbon Australia worked with business to develop tailored financial solutions to enable energy efficiency improvements.

“While this was a whole-of-building approach, we can also offer assistance to individual projects, with items like energy efficient lighting, air conditioning and building management systems,” she said.

Keywords: Ipswich centre

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