Bankside Yards aims to be UK’s first zero-emissions regeneration project
Native Land’s £2.5bn Bankside Yards scheme, SE1, is to be the UK’s first major regeneration project with zero emissions in operation, the developer has said.
Native Land unveiled its sustainability strategy for the scheme this week, which aims to provide the 1.4m sq ft mixed-use development with a low-temperature, all-electric energy network.
The network will balance thermal energy across Bankside Yards’ eight new buildings and 14 restored railway arches. Each building will extract or expel energy into a single thermal network serving the entire development, reducing operational energy.
Native Land’s £2.5bn Bankside Yards scheme, SE1, is to be the UK’s first major regeneration project with zero emissions in operation, the developer has said.
Native Land unveiled its sustainability strategy for the scheme this week, which aims to provide the 1.4m sq ft mixed-use development with a low-temperature, all-electric energy network.
The network will balance thermal energy across Bankside Yards’ eight new buildings and 14 restored railway arches. Each building will extract or expel energy into a single thermal network serving the entire development, reducing operational energy.
A green energy purchasing agreement adopted by Native Land as well as features such as heat pumps, optimised façades and efficient building services systems will help bring the development to the zero carbon threshold.
Alasdair Nicholls, chief executive at Native Land, said: “At Bankside Yards we are using energy-efficient technology on an unprecedented scale, aiming to set a new benchmark for sustainability in large, mixed-use regeneration schemes.
“This is part of an integrated, site-wide, multi-building strategy for carbon reduction and biodiversity.”
What is Bankside Yards?
The scheme, which is a joint venture between Native Land, Amcorp Properties Berhad, HPL and Temasek, is intended to connect the South Bank and Bankside areas.
It will include more than 350,000 sq ft of offices, 50,000 sq ft of amenities, bars, restaurants and cultural space, and a five-star urban resort hotel.
The development will also include more than 700 flats, including homes for private sale and rent, on-site affordable housing and a financial contribution of at least £65m to Southwark Council to deliver new housing across the borough.
Designed by PLP Architecture, construction at the scheme began in October 2019. The first building, the 223,000 sq ft Arbor office building, is due for completion in mid-2022.
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