Mass Timber Market Updates - November 2023 - Week Fortyfive

Gear up for an architectural adventure! This episode of the Mass Timber Construction Podcast is set to redefine your understanding of sustainable construction. I'm your host, Paul Kramer, and today we're zeroing in on Canberra's $150 million carbon-neutral office development, a striking testament to eco-conscious building. Learn how this marvel from Down Under is championing sustainability with features like rooftop solar, no gas, and a hybrid timber construction system fueling 100% electric renewable operation.

But that's not all! We're also hopping over to the US to examine 'the Edison', an ambitious high-rise apartment building set for 2024 construction in downtown Milwaukee. Get behind-the-scenes insight into its preparation for review. We'll also spotlight the Built by Nature global prize, a path-breaking initiative promoting bio-based construction materials. This landmark endeavor is set to revolutionize the industry with a whopping £500,000 prize to boost innovation. And we'll wrap up our journey with an update from Brisbane, where a massive 45,000 square meter mixed-use building in the city's midtown is set to be revitalized. Buckle up, Timber fans, it's going to be a wild ride!

Transcript

Paul: 0:01

Ladies and gentlemen, we are live. This is the moment you all have been waiting for. It's time for the global sensation, the one, the only, the all-disputed, anyway Podcast in the World, the Mass Timber Construction Podcast. And now here's what's right around your house. Good morning, good afternoon all. Good evening wherever you are in the world today. Welcome to the Mass Timber Construction Podcast. My name is Paul Kremer, your host. Thank you for tuning in once again for another exciting episode of what's Making News Around the World this Week in Mass Timber Construction Land. But before we get into the news, please make sure that you hit the subscribe button and, if you do have the opportunity to, please leave us a note on our social media feed. If you're looking for an academic journal to submit for your Mass Timber Construction portfolio of work, submit your manuscript to the Mass Timber Construction Journal academic and if you've got any news to update, please email MassTimberConstructionPodcastcom. Masstimberconstructionpodcastcom.

Paul: 1:37

Let's have a look at what's making news around the world this week in Mass Timber Construction Land and to Australia now. My home country and Canberra's airport property will build a state-of-the-art $150 million carbon neutral office development at the city centre on the Australian Capital Territory government block of land which it bought for $17.75 million Australian dollars. Capital Property Group will deliver a six-story 14,000 square metres commercial building on the corner of Vernon Circle and Constitution Avenue, complimenting its award-winning Constitution Place precinct. The 2,743 square metres site is also next to the Canberra Theatre, which will also be undergoing a redevelopment in coming years, near the Legislative Assembly. Property Group CEO Stephen Byron said the new building would have achieved high standards of sustainability, including rooftop solar, no gas and 100% electric renewable operation on a hybrid timber construction system. The building will be able to operate as a carbon-zero building and we think that the difference between the way that we are putting this building forward versus comparative traditional constructed buildings will attract new tenants. The government and business wants to be part of the new way in which we work and build and leaving our footprint on the world out the lowest minimal impact possible. If you'd like to see some images of this amazing $150 million office development, please head to our Mass Timber Construction Jettellinked in-fee and heading to the US.

Paul: 3:18

Now and the apartment building, which is a high-rise proposed building in downtown Milwaukee on the riverfront, might soon be undergoing a review in preparation for its 2024 construction. Start the 32-story, 381-unit high-end tower known as the Edison, which we have reported before, where we built on the lot at 1005 North Edison Street where the former Rojan and Maloney warehouse was demolished in the spring. The Edison developer, madison-based Neural Project, has filed a proposal review by the Milwaukee Board of Zoning Appeals. According to the city records, the proposal will also undergo a plan, commission and common council review. The Neural Project plans to complete the financing package by March, with a construction start in either spring or summer, according to the report. If you'd like to see images of this or read the full story, please head to our Mass Timber Construction Journal LinkedIn feed If you haven't heard the big news.

Paul: 4:23

Built by nature. There is an important worldwide initiative for biobase construction materials and they have announced a global prize consisting of £500,000 in total to recognise innovation and stimulate scalability for the use of biobase materials such as timber, bamboo, hemp, straw, algae and fungi in construction. The objective of the Biobilt by Nature prize is to attract biobase construction material manufacturers and their market ready innovations from around the world and help them make them scalable on a market that is crying out for solutions for sustainable ways of constructing. If you want to read more about this amazing initiative, there's a full media release available on the Built by Nature website. Please check out Built by Nature and if you want to see details, you can head to our Mass Timber Construction Journal LinkedIn feed. And finally, heading to Brisbane, in Australia, an exciting milestone for 101 Albert Street, the QIC has given the green light to revitalise Brisbane's midtown, receiving an economic development Queensland approval for the delivery of 45,000 square metres of mixed use building designed by Heading Larson architect, anticipating new and emerging ways of working. The project is designed to reflect Brisbane's unique subtropical climate a permeable architecture form that weaves together the rich narratives grounded by the traditional community of the Indigenous lands, connecting to the past, present and the future, fostering wellbeing and inspiring connections to a country and community. If you'd like to see some impressive images, you can head to the Heading Larson LinkedIn feed or you can go to their webpage and see these amazing images of what Brisbane's next hybrid timber solution will be coming to us very, very soon.

Paul: 6:26

And that's it, folks. That's all we've got time for this week in Mass Timber Construction Land. We hope that you have a great week ahead and we look forward to bringing you the news next week. Don't forget to hit the subscribe button or like or comment on our posts on our social media feed. If you are an academic and you're looking for somewhere for your research to go, the Mass Timber Construction Journal Academic Arm is an exceptional place to go, with an impact fact that there is continuing to grow year upon year upon year. So thank you for joining in. Good morning, good afternoon or good evening, wherever you are in the world. Today, this is Paul Kramer signing off on the Mass Timber Construction podcast.