By James A. Loyola
Megaworld Corporation, the country’s largest developer and lessor of office spaces, is ramping up its office inventory inside the 72-hectare Iloilo Business Park with the launch of two new office towers.
The company is launching Enterprise One and Enterprise Two, each 12-story high, right along the bustling stretch of Megaworld Boulevard in the city’s modern business park.
The two new office towers will offer around 78,000 square meters of fresh office spaces. Sporting modern architecture, both Enterprise One and Enterprise Two will be applied for Leadership in Energy and Environmental Design (LEED) certification.
“The demand for office spaces in Iloilo Business Park has been steadily growing the past years,” explained Megaworld Premier Offices First Vice President Roland Tiongson.
He added that, “Most of the companies that want to set up operations in Iloilo prefer the township concept that we offer because it helps ensure convenience and comfort necessary for the retention of their employees.”
To date, Megaworld has almost 65,000 square meters of office spaces in eight buildings that are fully operational. These towers, which include One Global Center, Two Global Center, Richmonde Tower, One Techno Place, Two Techno Place, Three Techno Place, and Festive Walk Office 1 and 2, are currently fully leased out.
An additional 35,000 square meters are now under construction, which are expected to be completed by next year. These are One Fintech Place A, One Fintech Place B, and Two Fintech Place.
First-time locators in Iloilo City that are in Iloilo Business Park include StarTek, iQor, Reed Elsevier, WNS, Nearsol, and Connectsys. Companies like Transcom and HGS have also expanded their existing Iloilo operations in the township.
“By 2022, we expect our office stocks to reach around 175,000 square meters, the biggest for a single developer in Iloilo City. These office towers are able to generate approximately 62,000 jobs in the BPO sector,” noted Tiongson.