Jul 04, 2012
Nedbank unveils Menlyn Maine green-star-rated buildingBack
DURBAN|Tshwane|Africa|Building|Environment|Lighting|Nedbank|PROJECT|Africa|South Africa|Green Building|Green-building|Maintenance|Retail Building Space|Services|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)
Updated 6 minutes ago Validating the South African government’s policy decision to retain coal as a central bastion of its diversified energy mix, a recent report by the US Energy Information Administration (EIA) has affirmed the extent of the country’s coal deposits, noting that the...
Updated 1 hour 4 minutes ago The seasonally adjusted Kagiso Purchasing Managers’ Index (PMI) fell to 45.4 index points in April from 47.9 points in March, dragged down by a four-point decline in the business activity index to 40.6 – its lowest level since July 2011. Kagiso Asset Management...
Updated 1 hour 21 minutes ago JSE-listed real estate investment trust Octodec on Monday posted a 9.3% rise in total distribution to 96.8c a share as it presented its first interim financial results as an expanded company after merging with Premium Properties. The merger with Premium, contractual...
Recent Research Reports
Steel 2015: A review of South Africa's steel sector (PDF Report)
Creamer Media’s Steel 2015 report provides an overview of the key developments in the global steel industry and particularly of South Africa’s steel sector over the past year, including details of production and consumption, as well as the country's primary carbon...
Projects in Progress 2015 - First Edition (PDF Report)
In fact, this edition of Creamer Media’s Projects in Progress 2015 supplement tracks developments taking place under the Renewable Energy Independent Power Producer Procurement Programme, which has had four bidding rounds. It appears to remain a shining light on the...
Electricity 2015: A review of South Africa's electricity sector (PDF Report)
Creamer Media’s Electricity 2015 report provides an overview of State-owned power utility Eskom and independent power producers, as well as electricity planning, transmission, distribution and the theft thereof, besides other issues.
Construction 2015: A review of South Africa’s construction sector (PDF Report)
Creamer Media’s Construction 2015 Report examines South Africa’s construction industry over the past 12 months. The report provides insight into the business environment; the key participants in the sector; local construction demand; geographic diversification;...
Liquid Fuels 2014 - A review of South Africa's Liquid Fuels sector (PDF Report)
Creamer Media’s Liquid Fuels 2014 Report examines these issues, focusing on the business environment, oil and gas exploration, the country’s feedstock supplies, the development of South Africa’s biofuels industry, fuel pricing, competition in the sector, the...
Water 2014: A review of South Africa's water sector (PDF Report)
Creamer Media’s Water 2014 report considers the aforementioned issues, not only in the South African context, but also in the African and global context, and examines the issues of water and sanitation, water quality and the demand for water, among others.
This Week's Magazine
Mercedes-Benz will launch ten plug-in hybrid models by 2017, says the German automaker’s parent company, Daimler. Following the launch of the S 500 plug-in hybrid, March saw the introduction of the C 350 e, the second model to feature the drive-train concept. Under...
Energy Minister Tina Joemat-Pettersson's recent unveiling of something of a road map for an upscaled and accelerated deployment of independent power producer (IPP) capacity has been widely welcomed. Besides plans to accelerate and expand the hitherto successful...
South African Airways (SAA) acting CEO Nico Bezuidenhout has firmly denied reports that a stake in the airline was going to be sold to Air China. “Categorically, SAA is not in any talks with any airline to sell itself at the moment,” he stated at a media briefing at...
Russian State-owned nuclear group Rosatom has confirmed that it is in talks with Nigeria about the construction of nuclear power plants (NPPs) in that country, but has denied that any agreement has been signed. This follows a recent report in the Nigerian media that...
Gas products and services company Afrox has launched a pilot programme to deliver its range of Handigas liquefied petroleum gas (LPG) to domestic consumers to fill a gap in the market, thereby expanding its direct contact with end-users.