The Araneta Group recently announced that the first office tower of the Php 15 billion project Cyberpark-Araneta Center is nearing completion. Called Cyberpark Tower One, it has a gross floor area of 90,000sqm, and is composed of two retail levels, 27 office floors, and 3 basement parking levels.
Cyberpark Tower One will operate by the end of 2015, while Cyberpark Tower Two is currently in construction and will be finished in 2016.
Located in Araneta Center, Quezon City, Cyberpark-Araneta Center is an 8-hectare master-planned development designed to cater to the country’s offshoring and outsourcing industry. It also surrounds an open green space within the 500,000 sqm Araneta Center.
The entire Php 15 billion project is composed of five office towers. Once completed, the five buildings will add 650,000 square meters of office space to the existing 150,000 square meters. According to the Araneta Group, the five towers will be able to bring in a BPO workforce of about 100,000.