Commercial

126 Phillip St (Deutsche Bank Place)

Builder:

Lend Lease

Value:

A$450 million

Deutsche Bank Place is a 240 m (790 ft.) skyscraper in Sydney, New South Wales, Australia. It is located at 126 Phillip Street (corner of Hunter Street) in the north-eastern end of the central business district, across the road from Chifley Tower. Construction began in 2002 and was completed in 2005. The building's architect is Norman Foster of Foster and Partners. Deutsche Bank is the primary tenant, occupying 9 floors [1] and owning the naming rights.

The building has 39 floors and was planned to be much larger, however it would have blocked sunlight from reaching the buildings on its east including the State Library and Parliament. The setback roof or step design allows sunlight to reach the south-eastern side of the building. The spires appear oversized for the building; this was caused by the height being reduced, the spires being proportionate to a taller building. The building has a hollow core that provides air and light throughout the building; this core rises from a large foyer area that covers the whole area of the ground floor. The foyer is named 'the assembly'.

This building is the second-tallest building in the world with fewer than 40 floors. Al Faisaliyah Center (Riyadh) is taller. The net lettable area is 42,965m², with space for only 78 cars. Construction costs totaled A$450 million. Lend Lease was the project manager and rainwater harvesting, solar heating panels to supplement hot water requirements, a high performance glass facade, chilled beam cooling and optimal floor plate sizes of 1,600 m2.

Brookfield Multiplex set about achieving performance objectives to put the building in line with best practice for sustainable design. The building incorporates significant sustainable design features including water and energy efficiency and recycling. It is designed to cut greenhouse gas emissions by 30% and reduce drinking water use by 75% when compared to a typical office building. The reduction in water used at the site also significantly reduces the flow of wastewater to the sewerage system.