A P35-billion township project from Megaworld Corp. is set to be developed early next year in Pasig City, starting with the launch of the office space component of the plan.
Woodside City will be housing not only three office towers, but commercial and residential properties as well. An executive at the firm said the growing demand from the business process outsourcing (BPO) industry is contributing to the growth of their projects. The project also hinges on the plan to be more eco-friendly and sustainable. In fact, the firm will be constructing Leadership in Energy and Environmental Design (LEED)-registered office buildings. They have also tapped the services of globally-acclaimed architectural firm Skidmore, Owings and Merill for the design of the first 50,000sqm structure.
Megaworld currently has 712,000sqm of office space inventory, and majority of its 126 tenants are BPO companies that are planning to expand local operations. The first of the three office towers will be completed in 2017.
About 1,000 trees will be planted in the 12.3-hectare Woodside City, located along C-5 Road. It is an environment-friendly, mixed-use development where the greening feature is expected to provide an outdoor thermal comfort for future residents, tenants, workers, and visitors.
After building the office towers, condominiums, lifestyle mall, and retail and commercial strips are set to be established.