SM Prime Holdings, Inc. has started construction of the P4-billion Tri-tower FourE-comCenter, the fifth building under the E-com brand, just after the successful turnover of FiveE-ComCenter.
According to SM Prime Commercial Properties Group (CPG) senior vice president David L. Rafael the project breaks ground this January and is set for completion in 2020.
“The demand for office space remains aggressive thanks to the continued economic growth of the country. Strong interest remains due to more investors realizing the potential of the Philippines for their business. Our job is to provide them with a good office space for their operations,” he said.
Rafael added that “companies are more selective now with their office locations whether it be for expansion or relocation. They are critical in analyzing traffic, safety and accessibility of their site even the lifestyle and well-being of their employees. The competition now is all about the overall quality of the area and not just the building.”
Similar to One, Two, Three, and Five E-Com, the FourE-ComCenter in Mall of Asia Complex is designed to address the demand for office buildings in the country.
It will have a gross floor area of 123,968.00 sqm and is projected to generate P700 million in gross rental revenues annually.
A 16-storey building, Four E-Com has a full basement, 4 podium parking, and 11 office levels. Retail spaces are offered at the 5th floor podium and ground levels.
The building’s design concept will have three adjacent towers springing from a common podium. Like the other E-Com buildings, it will also feature a landscaped deck at the 5th floor podium.
The E-Com centers, located within the Mall of Asia Complex, it is just a few minutes away from the Ninoy Aquino International Airport and is accessible via public transportation routes like MRT, LRT, and buses that ply EDSA.
This latest development is in line with the growth and expansion of the Mall of Asia Complex (MOAC). The E-Com Centers within the complex plays a pivotal role in the continuous exploration of MOAC’s business landscape.
“We are aiming to create a township that can stand on its own. What we are going for is a friendly workplace environment that means business while also catering to the social needs of employees. That is why we are anchoring the E-Com brand’s growth together with that of Mall of Asia complex,” said Rafael.
Manila Bulletin: SM Prime starts construction of P4-B Four E-Com Center at MOA
Saturday, Jan 23, 2016