The Property Council of Australia has revealed the 136 finalists of the 2016 PCA / Rider Levett Bucknall Innovation and Excellence Awards to be held in June.

There are five developments vying for the Best Sustainable Development – New Buildings award: Cloisters in Perth, Library at the Dock in Melbourne; ONE70 in Perth; University of Queensland Global Change Institute in Brisbane; and WorkZone in Perth.

The Award for Best Sustainable Development – Existing Buildings has four contenders: 50 Martin Place in Sydney; 179 Queen Street in Melbourne; East Village in Sydney and the Westpac Kogarah Refurbishment in Sydney.

PCA chief executive Ken Morrison said the awards underscored the property industry’s commitment to leading-edge practices.

“The property industry is Australia’s biggest industry and the nation’s second largest employer – the property industry employs more people than the manufacturing and mining industries combined. Our industry generates 1.1 million jobs, and builds the prosperity and strong communities our nation needs to thrive,” Mr Morrison said.

“The awards celebrate excellence across the entire spectrum of the industry – recognising everything from large-scale commercial offices through to boutique residential projects – and serve as a reminder of our industry’s essential role in building a better Australia.”