Megaworld rushes BPO buildings on strong demand

Megaworld Corporation, the country’s largest office space developer and lessor, has accelerated the construction of six campus-type office towers in the 34.5-hectare McKinley West township due to strong demand.

Located in the southern part of Fort Bonifacio, the six towers will have a total of 60,000 square meters of office space, and will be part of the 350,000-square meter office space expansion of the property giant in the entire Fort Bonifacio in the next three years.

“We are now experiencing an overwhelming demand for office spaces in our various townships and a big chunk of the demand pie comes from Fort Bonifacio,” said Megaworld senior vice president Jericho Go.

He added that “in McKinley West, the demand is focused on campus-type buildings which have higher efficiency floor plates, easy access to office floors via internal staircases and branding rights for whole building occupiers.”

The six campus-type office towers in McKinley West are One West Campus, Two West Campus, Three West Campus, Five West Campus, Six West Campus and Eight West Campus. The ground level of each tower will be devoted for commercial establishments.

President Benigno S. Aquino III recently declared McKinley West as a “special economic zone” for Information Technology (IT) under the jurisdiction of the Philippine Economic Zone Authority (PEZA).

“Businesses, especially in the Information Technology and Business Process Outsourcing (IT-BPO) sector, can now avail of the incentives of a special economic zone when they lease an office space from PEZA-accredited buildings in McKinley West,” said Go.

These six office towers could generate around 20,000 jobs once completed. It will be highlighted with green features to be registered under Leadership in Energy and Environment Design (LEED) of the US Green Building Council.