Megaworld launches office tower in Iloilo

Megaworld Corp. is further expanding its office footprint in the province of Iloilo.

The Andrew Tan-led property developer is launching the 19-story International Corporate Plaza, a new office tower inside its Iloilo Business Park.

The tower would have 301 office units for sale to businesses, start-up companies and established enterprises that want to set up operations in the central business district, said Jennifer Palmares-Fong, Iloilo Business Park vice president for sales and marketing.

“So far, this will be the most modern and state-of-the-art office tower in Western Visayas where companies including entrepreneurs can own their office spaces and enjoy its generous facilities never been seen before in any office building in the region,” she said.

The office spaces would range from 26 to 65 square meters with an average price of P155,000 per sqm.

There would be managed facilities at the sixth level including two boardrooms, three meeting rooms, co-working and breakout areas and a Skygarden.

The tower is slated for completion in 2024 and is expected to generate P2-billion in sales from the new office development.

To rise within the township’s nine-hectare commercial and boutique hotel district, the International Corporate Plaza will also have a four-level parking podium, retail spaces and arcade area at the ground floor.

Keycard-enabled turnstiles will provide enhanced security for the building’s main lobby, and RFID cards will be used to secure the parking areas.

The new office tower will also be fiber optic-ready, and equipped with its own seismic detection and monitoring system, building management system (BMS), 24-hour security and fire command center, fire security system, and a 100 percent backup power facility.

“One of the main highlights of the tower is its enhanced security and safety features, another first in Western Visayas,” said Palmares-Fong.

Aside from the Skygardens, the International Corporate Plaza will also have other green and sustainability features that include the use of LED lightings in the tower’s common areas such as hallways, lobby and amenity floor; use of dual flush-type water closets in common toilets, and a materials recovery facility (MRF) for proper waste segregation and recycling.