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Araneta Center Inc., the property arm of the Araneta Group, is ramping up the construction of its first office tower within the P15-billion Cyberpark in Araneta Center, to complete the project by 1stquarter of 2016.
Cyberpark Tower One: The first within the 8-hectare development of Araneta Center
Araneta Center's P15-billion commercial project comprises of five office towers catering to the robust demand in the business process outsourcing (BPO) sector and the first within the 8-hectare development is the Cyberpark Tower One. Strategically located in Cubao, Quezon City, the first building will start to become operational in the 1stquarter of 2016, while Cyberpark Tower Two is currently on-going construction.
The five Cyberpark towers will generate 650,000 square meters of leasable space to accommodate 100,000 BPO agents. The Araneta Group said it made sure that "additional value is offered by focusing the design intent of the Cyberpark's master plan on providing livable indoors and outdoors spaces that will take advantage of and complement the conveniences and amenities of the Araneta Center."
Since the 1960s, the 35-hectare commercial and entertainment complex in Cubao has evolved into a mixed-use community with corporate, leisure, retail, hospitality, entertainment and residential components. The addition of Cyberpark only reinforces the Araneta Center's primacy as Quezon City's premier central business district.
The Cyberpark Tower One has a typical floor plate of 2,466 square meters and has a gross floor area of 90,000 square meters. The building is very close to Araneta Center Transport Hub stations, as well as within walking distance to major shopping malls and commercial retail establishments.
|Completion Date||1Q of 2016|
|Building Grade||Class A|
|Gross Floor Area||90,000 sq m|
|Gross Leasable Area||68,000 sq m|
|No. of Floors||32|
|Typical Floor Plate||2,466 sq m|
|Floor to Ceiling Height||2.7m|