Ingenuity Property Group's Glacier Place awarded a Four Star Green Star Office

Posted On Friday, 18 September 2015 11:58 Published by
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Glacier Place, the third office block in the Santam office park in Tyger Valley which was developed by JSE- listed property investment and development company, Ingenuity Property Investments, has been awarded a Four Star Green Star Office v1 As-Built rating from the Green Building Council of South Africa (GBCSA).


Ingenuity acquired the 27 054 square metre site and the first two office blocks which house the Santam Head Office a few years back with the intention of adding value and unlocking bulk and completed the 12-storey Glacier Place at a cost of R215m in 2013.

Santam and its associated company Glacier Financial Holdings occupy most of the 11 340 square metre building with Pioneer Foods occupying around 3 235 square metres.

MD of Ingenuity Arnold Maresky says achieving the As-Built rating was a commendable achievement given they had not had a Design rating from which to build.

This is the second office building in Ingenuity’s portfolio to be awarded a Green Star rating.

Its Aurecon building at Century City, which it acquired from the Rabie Property Group, was the first in the country to be awarded a 5 Star Green Star Design v1 rating from the GBCSA.

Aurecon has outgrown its initial building and Ingenuity is currently developing a second office building for the fast growing engineering group.

Phase Two of Aurecon, which comprises 153 parking bays over three levels and 3 280 square metres of Premier Grade offices over two levels, will be linked to the existing building by a sky-bridge.

Maresky said Aurecon Phase II was being designed by MaC Architects along the same green principles as Phase 1 and the building had been registered for accreditation with the GBCSA.

Meanwhile in the Cape Town CBD, Ingenuity has broadened its Go Green measures by installing one of the CBD’s largest commercial solar PV plants spreading over 3 081 square metres on the roof of its Parkalot and Atlantic Centre buildings producing 780,000kWh per annum -  an energy output equivalent to that required to power around 100 medium sized households. This plant, which was installed by Solar Future Energy, a leading turnkey provider of commercial solar PV plants in South Africa, will ensure that 724 tons of carbon dioxide per annum will be saved.

He says the plant makes use of the City of Cape Town's bi-directional feed-in tariff which allows energy generated in excess of the building's requirements to be exported into the city's grid.

“The system has been designed to maximize the amount of energy used directly on site, improving the efficiency and financial viability of the project. 

“The generation capacity is guaranteed for 25 years and our service provider will monitor and maintain the system on a continuous basis, comparing the actual output to that simulated from weather station data, to ensure the system is operating optimally,” he said.

Last modified on Saturday, 19 September 2015 08:29

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