RLC Putting up twin tower offices amid strong demand in QC
Robinsons Land Corporation, the real estate arm of the Gokongwei group, is developing a twin tower office project in Bridgetowne, Quezon City as demand for its business process outsourcing space continues to sustain growth.
According to RLC Office Buildings Division general manager Faraday Go, they are ramping up construction as office space take up continues to remain very strong, particularly for BPO and office space leasing.
The latest project, Exxa and Zeta Towers, will be identical 20-storey buildings connected by a commercial podium with retail, dining and service outlets at the first two levels. The second floor of the podium will have a direct link to Tera Tower, the recently completed office building inside the Bridgetowne development.
“We are adding more commercial space so that our tenants will have more retail, service and dining options,” said Go noting that there will also be shops offering various services like spa, clinics, banks, and travel agencies.
Tera tower which is located right beside the upcoming office building development also has about 1,000 square meters of retail space at the ground floor with shops and restaurants such as Costa Coffee, the latest coffee shop from U.K.,Dells Food Hall which offers 24/7 dining support, Ministop, a 24/7 convenience store and Backpaddock, a coffee and pastry shop catering to tenants. Tera Tower has non-food shops as well at the ground floor such as Robinsons Bank and BDO.
Each tower will have approximately 35,000 square meters of leasable office space for a total gross area of 70,000 square meters. The two-level retail component will add about 4,000 square meters of leasable space.
“The project will be developed in two phases, with the first phase comprising the first five levels which includes the commercial podium as well as basement and podium parking. The first phase of the development also includes the Exxa tower with 14 office floors on top of the podium retail and parking,” said Go. The second phase of the development is the construction of Zeta tower, which will be built on top of the retail and parking podiums right next to Exxa Tower.
These elegant structures are designed to be energy efficient and environment friendly with the use of LED lights in common areas as well as Variable Refrigerant Flow air-conditioning systems that provide flexibility and control. It will also have water-efficient toilet fixtures which will result to water savings. The twin tower will also have bicycle racks to encourage the tenants to come to the workplace using bicycles and be fit.
Exxa is targeted for completion in the 2nd half of 2017 while Zeta will be completed by 2018. With the completion of the two towers, RLC will have a total of 510,000 square meters of office space nationwide by 2017.
Go noted that demand for office space in Bridgetowne is very strong. Bridgetowne’s location along C-5 and Ortigas Avenue places it in a very accessible and progressive environment for business being easily accessible to the Ortigas Central Business District and for residents coming from Quezon City and the eastern part of Metro Manila.
He said tenants find RLC offices very attractive and offer great value as they are already complete with lighting, acoustic boards, VRF air-conditioning, and other necessities so that locators can easily do their fit-out and start operations.
Go said tenants also appreciate RLC’s office buildings which are PEZA registered, have large floor plates, high-speed elevators, 100% back-up power, 24/7 reliable security and fire protection systems, as well as multiple telecom providers.
“We are attracting a lot of new and existing tenants to expand in our office buildings. Being new, they will eventually need to expand—providing RLC with a strong growth driver as we endeavor to provide them with all the space they need, while existing tenants continue to expand with us reflecting their confidence and satisfaction in our developments. We are also proud to have as our tenants most of the largest names in the BPO industry today. This is a manifestation of their trust in RLC on how we value our relationship with all of our tenants.” said Go.
Bridgetowne’s master plan has been well developed to ensure that there will be a lot of open spaces even after it has been fully developed, said Go adding that its wide road network will also ensure the smooth flow of traffic within the complex.
RLC’s office spaces are also being snapped up by BPO companies because of the firm’s reputation for on-time completion of its projects, with the Tera Tower having been turned over to tenants two months ahead of schedule.