In its first direct investment to reduce embodied carbon in property construction, the CEFC has committed $95 million on behalf of the Australian Government, to help deliver the 56-hectare Roe Highway Logistics Park (RHLP) as a carbon neutral development. The project’s environmental initiatives are being led by Hesperia in collaboration with its development partners, Fiveight and Gibb Group.
The developers will use low carbon construction materials across at least five new warehouses to be built in the next 18 months. The use of low carbon concrete at RHLP could reduce emissions by up to 42 per cent compared to traditional concrete, according to analysis by leading sustainability consultant Edge Environment.