Inside the former home of a major news network, a luxury apartment complex has popped up boasting solar panels, greenery – and best of all it offers the potential for residents to go all-electric.
The $785 million NINE by Mirvac in the Sydney suburb of Willoughby has been future-proofed with energy efficiency at the fore, with induction cooking and EV charging places installed.
Designed by Mirvac Design and CHROFI, with landscaping by McGregor Coxall, interiors will be a collaboration by MIM Design and Mirvac Design.
Once completed, the 3.2 hectare site will offer a total of 442 residences of one, two and three-bedroom apartments. One bedroom prices start from $820,000 and two bedrooms are from $1.52 million. 50 per cent of available lots are sold.
It will also include 1000 square metres of retail and commercial space. A 6500 sqm public park which will pay homage to the former history of the site, incorporating recycled materials from the former TX transmission tower that was dismantled as part of the development.
Mirvac paid $249 million for the 3.2 hectare site at 6-30 Artarmon Road. The Nine network broadcast there from 1956 until last year when it moved to Winten Property Group’s new 39-storey tower at 1 Denison Street in North Sydney.
The hybrid development model, to allow all aspects of the homes to be electric when the resident chooses, was the result of consumer research undertaken by the developer. All apartment buildings still have gas – except for one 36-apartment building, named Luma, which is all-electric and yet to be released.
Residents will move in in 2023 and all 10 residential buildings in the project will be completed by the end of 2023.
The electrified building has the potential to reduce ongoing energy costs by up to 20 per cent.
Stuart Penklis, Mirvac’s head of residential, said the property industry has the responsibility to take action on sustainability.
He claims the property company is the first in Australia to achieve net positive in scopes 1 and 2 carbon emissions.
“Within the property industry, we have the ability and a responsibility to influence change.
“We continue to move steadily towards creating all-electric homes throughout our portfolio of future builds having piloted developments in Melbourne, Brisbane and Perth which will be all-electric as well to give customers solutions to power their all-electric homes with renewable electricity.
“Knowing that adoption of the new world of electric living takes time, we designed this development to allow for the transition to take place at each resident’s pace, and invested in increased substation capacity, upgraded backbone cabling to each building and enhanced sub mains to every apartment to allow a simple, progressive change towards electric living.”
Mr Penklis said that aside from the environmental and health benefits of an electrified community, the implementation of increased electric infrastructure will future-proof the site for technological and sustainability advancement.
The company declined to comment further on the building.
“we have the ability and a responsibility to influence change”… yet they haven’t taken either path, and have left it to the consumer. This just smacks of pandering to the sales agents and their speculative risk of slow sales. This is barely a story – a “hybrid building” is every other building.
We’ve already arranged to delve further into this. More to come