530 Collins Street

Category | Commercial

Client | GPT

Total Cost of project | $431,579

Fixtures | 2,607

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All quoted outcomes are relevant at time of the project.

65,000 sqm

12 stories

Collins Street, Melbourne

Situated at the vibrant intersection of Collins and King Streets in Melbourne’s bustling corporate heart, 530 Collins Street stands as a Premium Grade commercial office building, completed in 1991. Renowned for its vast, adaptable floor plates, strategic location, and stunning urban vistas, this icon offers not just prime office space but also efficient access via major public transport routes and ample parking with four levels of basement car parking.

This architectural gem is a significant piece of Melbourne's skyline, celebrated for integrating modern design with the city's rich heritage, making it a focal point of both business and architectural acclaim. In a significant upgrade, LEDsafe was commissioned to enhance the building's sustainability credentials. Initially equipped with energy-intensive Tungsten Halogen, High Pressure Sodium, and Metal Halide lighting, the installation was overhauled with state-of-the-art LED solutions. This modernization, costing $431,579 and encompassing 2,607 fixtures, now yields annual energy savings of $67,623, underscoring a commitment to environmental and economic efficiency.

The retrofit of 530 Collins Street with LED lighting has brought forth dramatic financial and environmental returns. The project achieves annual energy savings of $67,623 and combined annual maintenance and energy savings of $117,623. Over the next decade, these savings are projected to accumulate to $676,230 in energy alone and $1,176,230 when considering both energy and maintenance, highlighting the investment's robust payback period of under 4 years.

This initiative not only underscores the building’s commitment to sustainability but also enhances its operational efficiency in Melbourne’s competitive commercial landscape.

Details

• Annual energy savings = $67,623
• Annual maintenance & energy combined = $117,623
• 10 Year energy savings = $676,230
• 10 Year energy & maintenance savings = $1,176,230
• Simple Payback including installation costs = 3.67yrs
• Undertake procurement analysis from our range of Australian manufacturers to ensure the best current market factors for pricing, quality, warranty, and supply chain reliability.
• Consider environmental statements from manufacturers, including workplace standards.
• Ensure efficient recycling of obsolete lighting involving best practice protocols via Nationally accredited waste management services.
• Maximise Government Incentive Schemes where possible to assist with Cap Ex.
Rebate: 48,000

Peter Carter, Senior Operations Manager GPT

“An outstanding result produced by an outstanding team. LEDsafe displayed everything that we wanted in terms of outcomes and I would not hesitate in working with them again. This was a large and difficult project which was executed flawlessly. Well done LEDsafe.”

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