Megaworld Corp., the property development arm of businessman Andrew Tan, said it will construct the 24-storey International Finance Center within its 15.4-hectare Uptown Bonifacio in the former military camp in Taguig.
The company said the building will be LEED-certified (Leadership in Energy and Environmental Design) office tower and will offer 69,200 square meters of office spaces within a 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.
“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. Soon, this new office tower will have a direct access to the Mega Manila Subway and the proposed Skytrain monorail,” Roland Tiongson, first vice president of Megaworld Premier Offices, said.
The tower features 6 levels of combined podium and basement parking with 712 slots, and 30 passenger elevators including four parking and two service elevators.
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–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 7 towers reached 400,450 square meters, the biggest among the 26 Megaworld developments.
Some 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).
“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,” Tiongson said.
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.