Construction has begun on a new office development
On Monday 22 July 2024, construction began of the new six-level, 15,000 sqm commercial tower next to Constitution Place.
This project aims to maintain the high architectural and construction standards set by Constitution Place, which was designed by Bates Smart and constructed by Construction Control. The construction is scheduled to be completed by the second half of 2026, and this project reflects our commitment to Canberra's growth and prosperity.
Richard Snow, Head of Property at Capital Property Group, is excited about bringing this new project closer to reality.
"The aim is to set a new standard of excellence for office development, further revitalising Canberra's City Centre by providing high-quality office accommodation in a central location to meet the city's growing needs. The new development will prioritise sustainability, with plans to achieve a 5 Star Green Star Rating and aim for a 5-star NABERS energy rating. It will also feature a 99kw roof-mounted solar array and no gas plant, making the building 100% carbon neutral, a significant step towards a greener future for Canberra."
Additionally, part of the building's structure and fabric will be made from sustainable timber, reducing its carbon footprint.
More information on the new development can be found here.
View the media release here.