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Megaworld boosts regional office portfolio with three new developments

These collectively have 51,000 square meters of gross leasable space.

These collectively have 51,000 square meters of gross leasable space.

In a press statement, property giant Megaworld announced updates regarding its regional office projects across Luzon, Visayas, and Mindanao.

The company noted that in Bulacan, it has formally topped off the 11-story Northwin Global Tower 1 within its 85-hectare Northwin Global City township, which is being positioned as Bulacan’s modern central business district.

Northwin Global Tower 1 is located in Marilao, along the southbound lane of the North Luzon Expressway (NLEX) and offers nearly 20,000 square meters of gross leasable area (GLA).

The building is built with a contemporary design and sustainable features and the new office tower is poised to become the first Leadership in Energy and Environmental Design (LEED)-certified building on this part of Bulacan.

The province is also within a high-growth corridor, with major infrastructure projects coming such as the New Manila International Airport.

In Bacolod City, meanwhile, Megaworld is in the final stages of preparations for the four-storey No. 5 Upper East Avenue — its second office development within its 34-hectare The Upper East township.

Once completed, it will add almost 9,000 square meters of new premium office space into the market and is expected to generate approximately 10,000 new jobs in the information technology and business process outsourcing (IT-BPO) sector.

The said project is located along the township’s main avenue and across No. 1 Upper East Avenue and The Kingsford.

It will showcase state-of-the-art features of Megaworld office buildings and will also be registered as a LEED Certified development.

It will have basement and ground floor parking, and will have several sustainability features — such as roof gardens, LED lighting in common areas, dual-flush technology for toilets, and double-glazed windows for heat insulation and energy-efficiency — according to the company.

The company is also building its second office tower inside the 11-hectare Davao Park District township, the 16-story One Republic Plaza, which features about 24,000 square meters of office gross leasable area.

Scheduled to be completed in 2028, One Republic Plaza will also be registered for LEED certification, which will make it Megaworld’s first LEED-registered office building in Mindanao.

The office tower will feature state-of-the-art, energy-efficient technologies such as its own rainwater harvesting and treatment facility for water conservation and reuse.

There will also be over 350 basement and ground-level parking spaces, including provisions for electric vehicles (EV) for the convenience of its future tenants and employees.

Francis Roxas, head of Megaworld Global Offices, noted: “Demand for office spaces remains high, particularly outside Metro Manila. We are strategically capturing this rising demand for regional office developments within our townships in Bulacan, Bacolod, and Davao.

This focus on other key provincial markets helps ensure that businesses continue to enjoy the right environment to grow nationwide within integrated, self-sustaining communities,” he added.

Megaworld is the Philippines’ largest office developer and landlord, operating almost 90 office towers with over 1.7 million square meters of office space nationwide.


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