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!

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Episode Transcript

Paul (00:01):
Ladies and gentlemen, we are live.
This is the moment you all havebeen waiting for.
It's time for the globalsensation, the one, the only,

(00:26):
the all-disputed, anyway Podcastin the World, the Mass Timber
Construction Podcast.
And now here's what's rightaround your house.

(00:48):
Good morning, good afternoonall.
Good evening wherever you arein the world today.
Welcome to the Mass TimberConstruction Podcast.
My name is Paul Kremer, yourhost.
Thank you for tuning in onceagain for another exciting
episode of what's Making NewsAround the World this Week in
Mass Timber Construction Land.
But before we get into the news, please make sure that you hit

(01:09):
the subscribe button and, if youdo have the opportunity to,
please leave us a note on oursocial media feed.
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(01:31):
MassTimberConstructionPodcastcom.
Masstimberconstructionpodcastcom.
Let's have a look at what'smaking news around the world
this week in Mass TimberConstruction Land and to
Australia now.
My home country and Canberra'sairport property will build a
state-of-the-art $150 millioncarbon neutral office

(01:52):
development at the city centreon the Australian Capital
Territory government block ofland which it bought for $17.75
million Australian dollars.
Capital Property Group willdeliver a six-story 14,000
square metres commercialbuilding on the corner of Vernon
Circle and Constitution Avenue,complimenting its award-winning

(02:13):
Constitution Place precinct.
The 2,743 square metres site isalso next to the Canberra
Theatre, which will also beundergoing a redevelopment in
coming years, near theLegislative Assembly.
Property Group CEO StephenByron said the new building
would have achieved highstandards of sustainability,

(02:36):
including rooftop solar, no gasand 100% electric renewable
operation on a hybrid timberconstruction system.
The building will be able tooperate as a carbon-zero
building and we think that thedifference between the way that
we are putting this buildingforward versus comparative
traditional constructedbuildings will attract new

(02:57):
tenants.
The government and businesswants to be part of the new way
in which we work and build andleaving our footprint on the
world out the lowest minimalimpact possible.
If you'd like to see someimages of this amazing $150
million office development,please head to our Mass Timber
Construction Jettellinked in-feeand heading to the US.

(03:18):
Now and the apartment building,which is a high-rise proposed
building in downtown Milwaukeeon the riverfront, might soon be
undergoing a review inpreparation for its 2024
construction.
Start the 32-story, 381-unithigh-end tower known as the
Edison, which we have reportedbefore, where we built on the

(03:40):
lot at 1005 North Edison Streetwhere the former Rojan and
Maloney warehouse was demolishedin the spring.
The Edison developer,madison-based Neural Project,
has filed a proposal review bythe Milwaukee Board of Zoning
Appeals.
According to the city records,the proposal will also undergo a

(04:01):
plan, commission and commoncouncil review.
The Neural Project plans tocomplete the financing package
by March, with a constructionstart in either spring or summer
, according to the report.
If you'd like to see images ofthis or read the full story,
please head to our Mass TimberConstruction Journal LinkedIn
feed If you haven't heard thebig news.

(04:23):
Built by nature.
There is an important worldwideinitiative for biobase
construction materials and theyhave announced a global prize
consisting of £500,000 in totalto recognise innovation and
stimulate scalability for theuse of biobase materials such as
timber, bamboo, hemp, straw,algae and fungi in construction.

(04:47):
The objective of the Biobilt byNature prize is to attract
biobase construction materialmanufacturers and their market
ready innovations from aroundthe world and help them make
them scalable on a market thatis crying out for solutions for
sustainable ways of constructing.
If you want to read more aboutthis amazing initiative, there's

(05:10):
a full media release availableon the Built by Nature website.
Please check out Built byNature and if you want to see
details, you can head to ourMass Timber Construction Journal
LinkedIn feed.
And finally, heading toBrisbane, in Australia, an
exciting milestone for 101Albert Street, the QIC has given

(05:31):
the green light to revitaliseBrisbane's midtown, receiving an
economic development Queenslandapproval for the delivery of
45,000 square metres of mixeduse building designed by Heading
Larson architect, anticipatingnew and emerging ways of working
.
The project is designed toreflect Brisbane's unique

(05:51):
subtropical climate a permeablearchitecture form that weaves
together the rich narrativesgrounded by the traditional
community of the Indigenouslands, connecting to the past,
present and the future,fostering wellbeing and
inspiring connections to acountry and community.
If you'd like to see someimpressive images, you can head

(06:12):
to the Heading Larson LinkedInfeed or you can go to their
webpage and see these amazingimages of what Brisbane's next
hybrid timber solution will becoming to us very, very soon.
And that's it, folks.
That's all we've got time forthis week in Mass Timber
Construction Land.
We hope that you have a greatweek ahead and we look forward

(06:34):
to bringing you the news nextweek.
Don't forget to hit thesubscribe button or like or
comment on our posts on oursocial media feed.
If you are an academic andyou're looking for somewhere for
your research to go, the MassTimber Construction Journal
Academic Arm is an exceptionalplace to go, with an impact fact
that there is continuing togrow year upon year upon year.

(06:56):
So thank you for joining in.
Good morning, good afternoon orgood evening, wherever you are
in the world.
Today, this is Paul Kramersigning off on the Mass Timber
Construction podcast.