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)
Creamer Media Senior Researcher and Deputy Editor Online
Recent Research Reports
Road and Rail 2015: A review of South Africa's road and rail sectors (PDF Report)
Creamer Media’s Road and Rail 2015 report examines South Africa’s road and rail transport system, with particular focus on the size and state of the country’s road and rail infrastructure and network, the funding and maintenance of these respective networks, and...
Defence 2015: A review of South Africa's defence sector (PDF Report)
Creamer Media’s Coal 2015 report examines South Africa’s coal industry with regards to the business environment, the key participants in the sector, local demand, export sales and coal logistics, projects being undertaken by the large and smaller participants in the...
Real Economy Year Book 2015 (PDF Report)
There are very few beacons of hope on South Africa’s economic horizon. Economic growth is weak, unemployment is rising, electricity supply is insufficient to meet demand and/or spur growth, with poor prospects for many of the commodities mined and exported. However,...
Real Economy Insight: Automotive 2015 (PDF Report)
Creamer Media’s Real Economy Year Book comprises separate reports under the banner Real Economy Insight and investigates key developments in the automotive, construction, electricity, road and rail, steel, water, gold, iron-ore and platinum sectors.
Real Economy Insight: Water 2015 (PDF Report)
Creamer Media’s Real Economy Year Book has been divided into individual reports under the banner Real Economy Insight and investigates key developments in the automotive, construction, electricity, road and rail, steel, water, coal, gold, iron-ore and platinum sectors.
Real Economy Insight: Construction 2015 (PDF Report)
This Week's Magazine
The Health and Welfare Sector Education and Training Authority (HWSETA) has joined forces with Tshwane North Technical, Vocational and Education and Training College (TNC) to train 100 young unemployed learners as artisans, and marked this with an event that took...
JSE-listed Emira Property Fund reported distributions per participatory interest (PI) of 134.27 c – a distribution growth of 9% – for the 12 months to June 20, 2015.
Earlier this month ground broke on South Africa’s latest four star green building – the first of its kind in the Eastern Cape. The modern three-storey office block is located within the Baywest City precinct in Port Elizabeth’s western suburbs, along the N2, and...
South African armoured and mine protected vehicles company Denel Vehicle Systems (DVS) has won its first order since becoming part of the Denel group at the end of April. "It's a sizeable contract," reports DVS CEO Johan Steyn. "We won the contract in July. It's a...
South African guided weapons, unmanned air vehicles (UAVs) and space company Denel Dynamics plans to increase its revenues to more than R2-billion within five years. This was reported by company CEO Tsepo Monaheng at its annual "Show and Tell" briefing in Centurion,...