5 Martin Place recognised as a leader in sustainability

5 Martin Place recognised as a leader in sustainability

12 May 2017

The Property Council of Australia awarded 5 Martin Place the best development for 2017, thanks to ground-breaking innovation and sensitive treatment of an architectural icon.

The Property Council’s Chief Executive Ken Morrison said, “This significant heritage restoration project has delivered one of the most inspired and innovative commercial workspaces in Australia.”

“5 Martin Place’s 5 Star Green Star rating demonstrates how older buildings can be upgraded to meet new sustainability standards. And by breathing new life into the streetscape below, and investing in public art, Dexus and Cbus Property have enhanced one of Australia’s most important gathering places.”

The heritage-listed 5 Martin Place also took home the SAS International Award for Best Office Development and the Clean Energy Finance Corporation Award for Best Sustainable Development – Existing Buildings. This latter award recognises and rewards innovation and encourages the demonstrated application of sustainability practices that reduce an existing building’s eco footprint.

Built in 1913 as the headquarters of the Commonwealth Bank of Australia, 5 Martin Place was among the first in the world to use an advanced structural steel frame in its construction.

Protecting the building’s heritage required clever design solutions, including a cantilever over the existing building which supports the new tower above.

Cbus and Dexus rightly describe the development as “a dynamic new presence in the Sydney skyline and an exhilarating landmark in the city’s commercial heart.”

Elements of the original building such as marble panelling and timber doors were reinstalled in the new design. Around 95 per cent of demolition and construction waste was recycled during the construction. The existing facade and structures were retained, reducing the need for new steelwork, and thereby avoiding 5800 tonnes of CO2 emissions.

Wellness has also been a key consideration, with at least 150 per cent more fresh air provided than required under the Australian standard. There are also more than 200 bike racks and a bike repair service.