Stockland has been awarded a 5 Star Green Star – Retail Centre Design rating for its Wetherill Park shopping centre redevelopment in Sydney’s western suburbs.
The sustainability initiatives employed in the $222 million redevelopment of the 32-year-old centre are estimated to lead to more than $4 million a year in savings for the developer and its retail tenants.
These initiatives include mixed-mode air conditioning within the malls, low-energy light fittings, climate responsive ventilation systems, carbon dioxide monitoring and control, electrical sub-metering, waste and recycling facilities, cycling and shower facilities, and low emission paints, adhesives and carpets.
Rainwater harvesting for toilet flushing is expected to reduce potable water consumption by five kilolitres a day, while energy use is being targeted at 1.6 million kWh a year, 55 per cent less than the average shopping centre.
“International research has found shopping centres integrating green principles are not only more energy and water-efficient, but can also generate higher sales,” Stockland national sustainability manager, commercial property Greg Johnson said.
“This coupled with the genuine savings that we can pass onto our retailers further influences the business case for turning green and how it can benefit everyone involved.”
On the cultural front the centre will also host community public art projects and the first “Jamie’s Ministry of Food” cooking school for NSW.
Green Building Council of Australia chief executive Romilly Madew said it was good to see Green Star ratings out of the CBD.
“It is fantastic to see companies like Stockland taking this level of sustainability commitment out of CBD areas and into suburban and regional locations,” she said.
The redevelopment is due for completion in mid-2016.