Investing in the WA Economy
Stage 2 The Shops At Ellenbrook
The Insurance Commission provided further investment in the Western Australian economy with the opening of the Stage 2 development of its retail property investment, The Shops At Ellenbrook. The Insurance Commission brought forward this $54 million development, opening Stage two, 2 years ahead of advice from urban planners, based on population growth projections. This investment demonstrates the Insurance Commission’s commitment to acting to benefit the Western Australian community, in this case through the provision of a quality retail shopping facility in a newly developing area. The completed Shops At Ellenbrook provides 32,000m² of retail shops and has created an estimated 1,000 new jobs within the Ellenbrook town centre.
Westralia Plaza
The Insurance Commission added another quality investment asset to its direct Property Portfolio with the completion of an 11 storey office building, Westralia Plaza, located at 167 St George’s Terrace, Perth. The $65 million project also provides an enhanced walkway plaza from the Esplanade bus port through Westralia Square to St George’s Terrace for the community.
Insurance Commission Success Stories
The Shops At Ellenbrook Achieve Western Australia’s First 4 Star Green Star Shopping Centre
Stage 2 of The Shops At Ellenbrook, is the first shopping centre in Western Australia and only the fourth nationally, to achieve a Green Star certification by the Green Building Council of Australia.
The centre expansion was awarded a 4 Star Green Star Rating for its environmentally sustainable design and construction which focused on areas such as indoor environment quality, water and energy conservation, reduced emissions and innovation in design. This achievement demonstrates the Insurance Commission’s commitment to leading the market and delivering ecologically and economically sustainable assets for the people of Western Australia.