500 Bourke Street

500 Bourke Street is a transformative CBD commercial retrofit project consisting of 34 levels, 48,000sqm of A-grade floorspace. Initially built in 1977 for NAB, ISPT chose retention over demolition of the existing building, driven by strong ESG, People, and Wellness. It offers a hotel-style concierge, communal spaces, on-site dining, and versatile workspaces. To achieve sustainability outcomes, it saved over 57,000 tonnes of embodied carbon in its existing structure and utilizes all-electric systems and offsite renewables for zero carbon operation. During de-fit and strip-out, 85% of materials were diverted from landfill, driven by circular economy principles. This included stripping out and retaining all the furniture (15,211 items), ceiling tiles (42,000sqm), 173 white goods and 1,000+ blinds.

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