The green bank moves into a green building
Nedbank opened its signature green building in Menlyn Maine this week and Growthpoint Properties also announced it had acquired the R210 million Menlyn Corner at the corner of Atterbury Road and Lois Avenue, next to Menlyn Square.
An artist's impression of Menlyn Corner.
Menlyn is a major commercial growth area and is experiencing increased demand, according to Debbie Theron of Growthpoint.
The fact that it is quickly becoming a strong financial hub is borne out by Investec, Alexander Forbes, RMB and FNB, among others, moving into this node.
And this week Nedbank officially opened its building at Menlyn Maine.
Menlyn Maine, a green city within the city, is transforming what was previously a low-density residential area into a multi-functional and environmentally-friendly green complex comprising commercial, residential, retail and hospitality spaces, all established around a common green area in Menlyn.
This integrated sustainability focus saw Menlyn Maine included in the Clinton Climate Initiative as one of 16 green cities to be developed worldwide. The initiative is headed by former US president Bill Clinton, and forms part of the Climate Positive Development Programme.
The new regional headquarters for Nedbank in Menlyn Maine.
The 16 400m2 Nedbank Menlyn Maine, which serves as the banking group's regional head office in Pretoria, consolidates 16 of the bank's premises scattered across Tshwane into one campus.
It is also the third Nedbank building to have achieved the sought-after 4-Star Green Star Rating from the Green Building Council of South Africa (GBCSA).
Nedbank Group chief executive Mike Brown said: "The innovative design and construction of this new Nedbank building represents tangible proof of our desire to entrench environmental sustainability across all our operations thereby making Nedbank a great place to work, bank and invest."
The building boasts extensive green design and construction features including intelligent lighting that adjusts according to the brightness of external light, automatic air quality monitoring systems that deliver fresh air without the need for mechanical air conditioning, thermal storage for reduced energy heating, and a variety of water collection, storage, distribution and saving systems.
The building has been designed to promote an environmentally aware culture among its inhabitants through the inclusion of a recycling centre, bicycle parking and shower facilities as well as designated parking bays for hybrid vehicles.
For Growthpoint's Rudolf Pienaar, Menlyn offers many benefits for the Pretoria office market and Menlyn Corner also allows the company to enhance its portfolio and further its green building drive.
Menlyn Corner is going up opposite Menlyn Shopping Centre and next to the mixed-use Menlyn Piazza. It has good access to all areas via the N1 and is well served by public transport and on the Gautrain-Hatfield station bus route.
It will have five levels with a modern reception lobby on the ground level and all the security high-end tenants require, as well as covered parking. Completion is scheduled for early next year.
Offices will range in size from 330m2 to 10 000m2, and be flexible in terms of design.
"When we build new offices, we strive to balance aesthetics, functionality, flexibility, sustainability and energy efficienc," said Pienaar.
"Our ultimate goal is to provide the best experience for users. We believe that we have achieved this at Menlyn Corner."
Energy-efficient measures at Menlyn Corner include a specially designed glass façade, heat pump temperature control and air-conditioning that allows for activation within small zones.
It features natural stone finishes and water-wise landscaping and its facade is designed to the latest energy standards.