Frasers targets energy bills to sweeten deal at Ed.Square
Poppy Johnston | 2 July 2018
On the back of growing anxiety around rising energy costs, Frasers Property Australia is targeting operational cost savings across resi, retail and community sites at Ed.Square, situated in Edmondson Park in Sydney’s South West Growth Area.
An embedded energy network will be installed to distribute energy generated on-site to those occupying the mixed-use residential, retail and community site, resulting in lower electricity bills for tenants. The developer plans to buy electricity on behalf of tenants and the shopping centre, and then offer tenants a cheaper electricity rate than those on offer from the three biggest electricity retailers in NSW.
Carbon neutral power at Ed.Square will be delivered by a large-scale solar photovoltaic system on the shopping centre roof and on the roofs of the new homes, as well as certified carbon offsets.
In addition, Ed.Square’s design involves a centralised air-conditioning plant, with the electricity used in the plant coming from the solar PV system. Carbon neutral power will be purchased from the grid whenever there’s a shortfall.
The central plant room will produce hot water, and the heating and cooling produced will be supplied to tenancies. Rather than calculating charges on a pro-rata basis, retailers will be charged for their energy consumption in their tenancy.
Tenants will also have access to metered data of their consumption of hot water and the heating and cooling used in their tenancy, so that they can monitor and manage their air-conditioning and potable hot water costs.
The town square is set within the greater 24 hectare Ed.Square development. Frasers is targeting a 6 Star Green Star Community certification for the build.
Frasers has taken on a number of sustainability-focused projects in the past, including the Burwood Brickworks shopping centre in Melbourne that received planning approval earlier this month.
See our previous articles:
- Fraser gets green light for “world’s most sustainable shopping centre”
- The living buildings of the future
- Rooftop urban farm revealed at Frasers’ Living Building Challenge retail site
- How a Living Building Challenge retail property could be a money-maker for Frasers
The developer is targeting Living Building Challenge certification for the sustainable shopping centre, which will be built by Melbourne-based builder Hacer Group and is part of a $500 million masterplanned estate that will include 700 homes, community facilities and 2.5 hectares of open space and parkland.
The Ed.Square development is a result of a collaborative design by three architecture firms – HDR, GroupGSA and HASSELL. The first stage is expected for completion in 2019.