Jul 04, 2012
Nedbank unveils Menlyn Maine green-star-rated buildingBack
DURBAN|Tshwane|Africa|Lighting|Nedbank|PROJECT|Africa|South Africa|Green Building|Green-building|Retail Building Space|Environmental|Deon Minnie|Mike Brown
© Reuse this
Speaking at the launch on Tuesday evening, Nedbank head of workspace planning Deon Minnie said the R350-million, 16 400 m2 four-star-rated building would house the banking group's 16 regional offices and over 1 000 people.
The move would be complete by mid-July.
The estimated R10-billion Menlyn Maine project involves the development of a 280 000 m2 multiuse precinct comprising seven green-rated commercial buildings over an area of 140 000 m2, 36 000 m2 retail building space, 150 000 m2 hotel space and 85 000 m2 residential land, overlooking 5 700 m2 park areas.
Nedbank, Menlyn Maine's first tenant and owner of three four-star-rated green buildings, including Ridgeside, in Umhlanga, Durban, and Phase Two, in Sandton, aimed to apply for a five-star as-built green rating within the next two months.
The eight story building, with four office floors and four basements, hosted, besides others, sensor-monitored air conditioning and lighting, a 52-bicycle 'parking' area, a dedicated recycling centre, a 17 m tall vertical garden, recycled plastic 'grass carpets' in recreational areas and dedicated parking bays for hybrid vehicles and scooters.
Nedbank CEO Mike Brown noted that everything in the building, which was constructed from used bricks and other recycled materials, was reusable or recyclable.
Nedbank believed the building would minimise the group's environmental impact and lead to a happier work environment, which would increase productivity and improve client services.
Minnie commented that, while the cost of constructing the green building was higher than the cost of standard buildings, Nedbank expected more cost-effective maintenance and operational use over the long-term.
The group aimed to benchmark the maintenance and operation costs of the new building against the combined costs of the 16 regional premises over the next two months.
Edited by: Mariaan Webb© Reuse this Comment Guidelines (150 word limit)
Other Video News
Recent Research Reports
Real Economy Year Book 2014 (PDF Report)
This edition drills down into the performance and outlook for a variety of sectors, including automotive, construction, electricity, transport, steel, water, coal, gold, iron-ore and platinum.
Real Economy Insight: Automotive 2014 (PDF Report)
This four-page brief covers key developments in the automotive industry over the past 12 months, including an overview of South Africa’s automotive market, trade figures, production and the policies influencing the sector.
Real Economy Insight: Construction 2014 (PDF Report)
This five-page brief covers key developments in the construction industry over the past 12 months. It provides an overview of the sector and includes details of employment in the sector, infrastructure and municipal spending, as well as insight into companies’...
Real Economy Insight: Electricity 2014 (PDF Report)
This five-page brief covers key developments in the electricity industry over the past 12 months, including details of State-owned power utility Eskom’s generation activities, funding and tariffs, independent power producers and prospects for the sector.
Real Economy Insight: Road and Rail 2014 (PDF Report)
This six-page brief covers key developments in the road and rail industries over the past 12 months, including details of South Africa’s road and rail network and prospects for both sectors.
Real Economy Insight: Steel 2014 (PDF Report)
This four-page brief covers key developments in the steel industry over the past 12 months. It provides an overview of the global and South African steel and stainless steel markets, South Africa’s major steel producers and events that have shaped these markets.
This Week's Magazine
South African construction company Group Five says work on the rehabilitation of the 800 km stretch of the Plumtree–Mutare highway, in Zimbabwe, should be completed by the end of this year. Giving evidence before the Parliamentary Porfolio Committee on Transport...
The Space Operations division of the South African National Space Agency (Sansa) revealed on July 17 that it had supported the successful launch of the US National Aeronautics and Space Administration’s Orbiting Carbon Observatory-2 (OCO-2) satellite on July 2. The...
Phase 1A of Johannesburg’s Rea Vaya bus rapid transit (BRT) system should carry around 42 000 people a day, while it was been expected that Phase 1B, rolled out last year, would add another 60 000 daily passengers. However, the entire system is currently carrying...
A stormwater project in Bedforview, east of Johannesburg, has stalled for eight months after project managers in the Ekurhuleni municipality resigned and municipal managers were placed on special leave without designating replacements. Construction to reinforce the...
The design of the Beit Bridge border post is the biggest impediment to efficient freight movement between Zimbabwe and South Africa, says Cross-border Road Transport Agency CEO Sipho Khumalo. Beit Bridge is the busiest border post in Africa. A research study on the...