Two new office towers will rise inside Megaworld’s Iloilo Business Park (IBP) in Mandurriao district, Iloilo City.
The Andrew Tan-led company announced that it is building Enterprise One and Enterprise Two, which will offer around 78,000 square meters of fresh office spaces.
The two 12-storey buildings will be constructed specifically right along the bustling stretch of Megaworld Boulevard.
Roland Tiongson, first vice president, Megaworld Premier Offices, noted the continued increase in demand for office spaces in IBP.
“Most of the companies that want to set up operations in Iloilo prefer the township concept that we offer because it helps ensure convenience and comfort necessary for the retention of their employees,” he said.
According to Tiongson, the both Enterprise One and Enterprise Two will be applied for Leadership in Energy and Environmental Design (LEED) certification.
Megaworld currently has about 65,000 square meters of office spaces in eight buildings that are fully operational. These towers, which include One Global Center, Two Global Center, Richmonde Tower, One Techno Place, Two Techno Place, Three Techno Place, and Festive Walk Office 1 and 2, are currently fully leased out.
An additional 35,000 square meters are now under construction, which are expected to be completed by next year. These are One Fintech Place A, One Fintech Place B, and Two Fintech Place.
Among the first-time locators in the city that are in IBP include StarTek, iQor, Reed Elsevier, WNS, Nearsol, and Connectsys. Companies like Transcom and HGS have also expanded their existing Iloilo operations in the 72-hectare township.
Megaworld is expecting its office stocks to reach around 175,000 square meters by 2022, the biggest for a single developer in the city.
“These office towers are able to generate approximately 62,000 jobs in the BPO sector,” said Tiongson.IMT