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Matt Fisher EUA Coordinator Overview of Parramatta today Overview of - - PowerPoint PPT Presentation
Matt Fisher EUA Coordinator Overview of Parramatta today Overview of - - PowerPoint PPT Presentation
Matt Fisher EUA Coordinator Overview of Parramatta today Overview of Parramatta today Overview of Parramatta today Existing Building Stock Existing Building Stock % % of CBD office buildings by age Existing Building Stock 49% 20 30 years
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Overview of Parramatta today
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Overview of Parramatta today
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Existing Building Stock
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Existing Building Stock
%
% of CBD office buildings by age
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Existing Building Stock
%
% of CBD office buildings by age
49% 20 – 30 years old
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Existing Building Stock
1990’s (23%)
Existing plant:
- Modern air distribution, poor thermal zoning
- No outdoor air economy cycles in some cases
- Low energy efficiency type thermal plant
Upgrades Likely:
- Higher efficiency plant (VSD, chillers)
- Building tuning
Estimated upgrade costs @ $220/m2
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Existing Building Stock
- $150M investment in upgrades
- $26M reduced of outgoing costs
- 148 full time jobs
- 472,000 tonnes CO2 –e abated
- 1.4 GL of water saved
Over 8 years – 65% NLA uptake
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Existing Building Stock
%
% of CBD office buildings by age
49% 20 – 30 years old
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2022 ‐ Building Stock in 10 years
% of CBD office buildings by age
Additional 300,000 sq. m by 2022
49% 20 – 30 years old
%
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2022 ‐ Building Stock in 10 years
% of CBD office buildings by age
%
54% 20 – 30 years old
Additional 300,000 sq. m by 2022
37% 17%
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Existing Building Stock
Built 1982
- Plant old and breaking down
- High maintenance costs
- Tenant complaints
- Poor tenancy retention
- High vacancy levels
- Low appeal in the market
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The case for upgrading
- $6M increase in value
- 20% increase rental return
- 50 % reduction in energy use
- NABERS rating from 1 to 4 stars
$6M HVAC + Reclad
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Developing EUA Systems
- Council / CEO
- EUA Coordinator ‐
Environment
- Rates
- Finance
- Development Services
- IT
Internal Engagement System development and implementation involves all departments.
BUY IN..
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Developing EUA Systems
- Process Design
- Forms
- Procedure manual
- Training
…. 3 months Similar for all Councils
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Engagement
WE HIT THE GROUND RUNNING….
- Targeted education and marketing
- Contacted large property groups
- Contacted building owners
- Education sessions
- Did building data analysis – age and
large buildings
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Engagement
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Engagement
- 9 months later…Why so long?
- Large industry Transformation
- These are large investments
- Detailed information needed
- Built examples will help
- ‘Tipping Point’
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First EUA in NSW
10 Valentine Avenue
- EUA Initiated by NSW State Property Authority
- Lighting upgrade ‐ 16,000 sq.m
- Environmental benefit
- SPA – Net positive position
- SPA enjoys better amenity and productivity
- Australian Unity – receives tenant contribution
- Mutually improved relationship
- Building life extended
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First EUA in NSW
10 Valentine Avenue
- EUA Initiated by NSW State Property Authority
- Lighting upgrade ‐ 16,000 sq.m
- Environmental benefit
- SPA – Net positive position
- SPA enjoys better amenity and productivity
- Australian Unity – receives tenant contribution
- Mutually improved relationship
- Building life extended