Dexus converts Brisbane office tower to student housing, saving 20,800 tonnes of carbon
propertymarkets.newsDexus has opened 41 George Street in Brisbane, converting a 1970s office tower into 1,182 student beds. The project is Australia's largest office to student accommodation conversion and the biggest single building purpose built student accommodation in Brisbane. By keeping the existing structure, lift core, and facade, the development avoided roughly 20,800 tonnes of CO2 equivalent compared to a new residential build of the same size. That works out to about 484 kg per square metre saved in upfront embodied carbon. The building sits near QUT and the future Griffith University CBD campus. It includes three floors of amenities like a gym, cinema, and study spaces. The project is 95% owned through Dexus Real Estate Partnership and managed by UniLodge. For anyone tracking low carbon construction or adaptive reuse in commercial real estate, this is a concrete example of how retaining structure cuts material use and emissions without building from scratch.
