Welcome to the Finery at Waterloo,
home to a new urban forest.
With heat generation an increasing concern in major cities, Sydney certainly has scope to cool things down. And with our new apartment development in Waterloo, Mirvac hope to do just that.
The Finery is a 227-apartment complex occupying 9,400 square metres – 30 per cent of which will be dedicated to greenery. At the heart of the development will be a courtyard planted with species such as Australian teak, water gum, cabbage palms and banksia. These are all species that once grew in local wetlands and will be irrigated using rainwater harvested onsite. In addition, The Finery will feature green roofs, green walls and street planting. The result: a cool “gullylike” experience akin to what you’d find in a National Park.
As well as increasing biodiversity in the area, the Finery aims to reduce the temperature of the site by two to three degrees.
“We all know greenery looks good,
but our SROI research has shown
there’s a lot more to it than that.”
said John Carfi, Mirvac’s Head of Residential Developments. “Green space creates a more comfortable environment for people to live in, which in turn increases property value, both for Mirvac and our customers. For us, it’s about making a positive environmental impact, without compromising comfort or aesthetics.”