Brisbane City Council has announced a new initiative to encourage well designed, green and energy-efficient residential buildings. Key policy detail is still being drafted and will focus on 5 star green star rating; zero net carbon emissions; buildings that breathe principles; and calculating a green plot ratio. Council intends to release policy detail in the coming weeks. Eligible developments will receive a financial incentive valued up to 50% of Council infrastructure charges, and this can be backdated to early July 2020.
Here at WCG, we are very excited about this new initiative. Whilst Council’s announcement applies to residential buildings only, there is enormous opportunity to expand the initiative, and hopefully other Councils will follow suit. Our Sustainability, Circular Economy and Environment Team has considerable project experience in these key policy areas, and we understand the importance of project economics. We work closely with our design colleagues to maximise sustainability outcomes within a commercial mindset. Please do not hesitate to contact us to discuss this initiative and future opportunities.
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