Waterbank achieves world-leading community standard

23 Nov 2016

The AUD$1 billion project will transform Western Australia's six-hectare waterfront location. Bringing together residents, workers and visitors alike, the precinct will feature alfresco dining with water views and active river-based recreation and community activities.

The world-leading community standard was achieved through the efforts our Lendlease Perth team. The team conducted a Life Cycle Assessment (LCA) on the infrastructure and Public Domain, where a 26% reduction in global warning potential was achieved. As well as this, innovation credits were targeted including High Performance Site Office, Contractor Education and Reconciliation Action Plan. 

“As our cities grow, we need to rethink the way we build. Waterbank signals a new direction for communities – one that brings people together, that encourages healthy and active living, that fosters economic opportunity, and one that treads lightly on the planet” said Green Building Council of Australia CEO, Romilly Madew.
Upon completion, the city will be home to over 1,000 apartments and 1,650 square metres of retail amenities, including provedores, quality cafes and restaurants. Commercial offices with outdoor green rooms will span 12,00 square metres of the precinct. Two thirds of the site will be reserved for open space areas such as parks, beach and nature play areas.

The development is Lendlease’s first urban regeneration project in Western Australia. It will be delivered in partnership with the Metropolitan Redevelopment Authority and the State Government.

Waterbank is set for completion in 2022.