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Manila Bulletin devider Business devider Megaworld builds 7th office tower in Uptown Bonifacio

Megaworld builds 7th office tower in Uptown Bonifacio

Published Jun 1, 2021 03:48 pm

Megaworld Corporation continues to expand its office leasing portfolio with the construction of another of another high-rise office building inside its 15.4-hectare Uptown Bonifacio township.

Visual render of Megaworld's International Finance Center

Located along 11th Avenue, the 24-storey International Finance Center will be a LEED-certified (Leadership in Energy and Environmental Design) office tower offering 69,200 square meters of office spaces within a bustling commercial and retail area just across Uptown Mall and beside Uptown Parade.

The office tower will also be just a two-minute walk to the three residential condominium developments of Uptown Bonifacio, and a three-minute walk towards Kalayaan Avenue leading to either Makati City or C5.

The tower features six levels of combined podium and basement parking with around 712 slots, and 30 passenger elevators including four parking and two service elevators, ensuring speed and convenience for tenants and employees.

“This new office development, which will be PEZA-accredited, sits right at the heart of Uptown Bonifacio, having the most convenient access to the mall, residential, transport, and leisure hubs in a community setting,” said Megaworld Premier Offices First Vice President Roland Tiongson.

He added that, “Soon, this new office tower will have a direct access to the Mega Manila Subway and the proposed Skytrain monorail.” The International Finance Center is Megaworld’s seventh office development in Uptown Bonifacio.

To date, the company has completed the construction of the other six towers, namely: Alliance Global Tower, Uptown Place Tower 1, Uptown Place Tower 2, Uptown Place Tower 3, Uptown Eastgate, and Worldwide Plaza.

The company’s gross leasable office portfolio for the seven towers in this township has already reached 400,450 square meters, the biggest among the 26 Megaworld townships.

Two office towers have been given Silver LEED certifications (Uptown Place Towers 1 and 2), three more have pending Silver LEED certifications (Uptown Place Tower 3, Alliance Global Tower, and Uptown Eastgate), and one for LEED Gold certification (Worldwide Plaza).

In 2018, Megaworld announced that it is building Worldwide Plaza, which will be the future headquarters of the Philippine Global Service Center of JPMorgan Chase Bank, N.A., the leading global banking and financial services provider.

The 25-storey, built-to-suit office tower with a gross leasable area of 70,000 square meters has been the touted as the “largest single office leasing transaction in Philippine real estate industry in terms of total space leased to a single company and transaction value.”

“Currently, our office portfolio in Fort Bonifacio alone totals to around 900,000 square meters already. These are in Uptown Bonifacio, McKinley Hill, and McKinley West. We have grown this big because of the robust demand for office spaces in our townships here,” said Tiongson.

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