13 June 2023
Altis supports Industry-first as The YARDS achieves first 6 Star Green Star Communities rating
Altis Property Partners, a Barings Company, together with join venture partners Aware Real Estate and Frasers Property Industrial, are celebrating an industry first, achieving a 6 Star Green Star Communities rating from the Green Building Council of Australia (GBCA) at The YARDS Kemps Creek.
As the Investment and Development Managers, Altis helped drive the application process, ensuring The YARDS’ commitment to community and sustainability initiatives. Achieving the highest possible 6 Star Green Star Communities v1.1 rating lifts the bar for sustainable and innovative industrial developments, having previously only been awarded to residential, mixed-use commercial and retail precincts.
Located in Kemps Creek, New South Wales, The YARDS, a $1 billion Premium Estate under construction that will accommodate more than 14 next generation and sustainable facilities if approximately 400,000sqm across 77 hectares.
Leading occupiers including Probiotec, an industry leader in the contract manufacturing and packing space for pharmaceuticals, Ardex, global manufacturer of ARDEX, Dunlop, DTA and ABA, and Techtronic Industries, a multinational manufacturer of power tools, hand tools and floor care appliances.
The GBCA’s Green Star- Communities rating tool assesses the planning, design and construction of large-scale development projects at a precinct, neighbourhood and/or community scale. It provides a rigorous and holistic rating across five impact categories: Governance, Liveability, Economic Prosperity, Environment and Innovation.
Davina Rooney, Chief Executive Officer at Green Building Council of Australia said:
“As the first industrial estate in Australia to achieve a 6 Star Green Star Communities certification, The YARDS is a world-leading project displaying the future of work, today. Created by one of our industry’s leading innovators – Frasers Property Industrial, in partnership with Aware Real Estate – The YARDS is a place where sustainability, community and technology intersect to create a neighbourhood that boosts the wellbeing of staff while being well connected. This is the future of industrial and an achievement worth celebrating. We congratulate all involved.”
Alastair Wright, Director Altis Property Partners said:
“Altis has consistently strived to create a new benchmark in industrial development, setting new standards for building design and integrating world leading sustainability initiatives into these facilities to create the new future of industrial buildings. Sustainability and wellbeing is an integral part of our business and it is our vision to provide workplaces and spaces that support our customers with their business needs and promote overall health and wellbeing”.
Visit the YARDS project website to learn more.
Read the full press release, click here.
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