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Century Properties’ Goes Green

Century Properties has joined a growing community of developers engaged in “green” or sustainable office spaces and buildings after being granted the LEED (Leadership in Energy & Environmental Design)  certification by the US Green Building Council for its Fort Bonifacio office tower, Asian Century Center.

“The LEED Certification affirms our commitment to adopt green building strategies and offer long term benefits of energy and resources effectively to the end users of our office developments,” said Century Properties.

The LEED-certified level covers a host of sustainable and energy-saving practices in the construction of the tower, including site sustainability, access to alternative public transportation, development density and community connectivity, parking capacity for alternative transportation, and access to low-emitting and fuel-efficient alternative transportation.

Also included are standards for water efficiency such as water use reduction energy; materials and sources management such as construction waste management, use of recycled content, and regional materials; indoor environmental quality such as the use of low-emitting adhesives and sealants, paints and coatings, indoor chemical and pollutant source control, thermal comfort control, and the maximization of daylight.

The office tower has almost 26,000 square meters of leasable office space and is under construction on a lot circled by 27th Street, 3rd and 4th Avenues in Fort Bonifacio, Taguig City.

Also a collaboration with the Columbian Group of Companies of Jose Ch. Alvarez, it will house premium car brand BMW’s headquarters as well as its largest showroom in the country.

Its key features are a Sky Bar, a café, conference facilities, and recreational amenities. It will also introduce Skycourts with gardens on the 12th and 19thlevels.

Bearing a distinctly modern design, the Asian Century Center will have features that specifically cater to a 24-hour working schedule as it targets corporate and business process outsourcing firms as future locators.

Asian Century Center is Century Properties’ third project in Fort Bonifacio and is in line with the company’s diversification strategy as it ventures into the commercial leasing business.

Century Properties has also applied for LEED green building certification for Century Spire.

The mixed-use building located at Century City in Kalayaan Avenue, Makati is adding a minimum of 23,000 sq. m. of office space to the market, with single unit office spaces ranging from 50 to 90 sq.m. Units may be combined to form up to an entire floor of office space.

The company said that the units will be sold to end users seeking a prime location for their business, as well as to those seeking to lease out their purchased units upon completion. Current Makati rental rates for prime office is approximately P900 to P1,300 per square meter per month.

Aside from its strategic Makati location, Century Spire features a groundbreaking architectural design by the renowned New York Ground Zero masterplan architect, Daniel Libeskind, making it ultra-distinct and prestigious from peer structures. Armani Casa is designing the Spire Office lobby.

Two of the tower’s floors will be dedicated to retail space for select locators, while its auditorium, concept food hall, and fine dining restaurant will all be of premium design. The building will also have separate entrance driveways and lobbies for office tenants and residents, for their convenience and privacy.

Accredited office space tenants will also enjoy fiscal and non-fiscal incentives as the building is accredited by the Philippine Economic Zone Authority (PEZA).

“Century Spire Office is the only new prime property within Makati’s business district. Given all the indicators we are positive that this will be well received by the market, and that the robust economy will continue to expand the office sector in the coming years,” said Marco  Antonio, President and CEO of Century Properties.

Century Properties said it is expanding its commercial assets on the back of a strong economy that fuels the demand for office space, especially for the sectors of business process outsourcing (BPO) and IT.

Century said it is positive about the prospects of its planned commercial space portfolio, with Century Spire offices as the newest project in addition to its Asian Century Center office building in Fort Bonifacio, where Century Properties has 27,000 square meters. In December 2014, the company also started the turnover of Centuria Medical Makati, an outpatient IT-medical building with close to 700 doctors’ clinics.

Source: Malaya | May 7, 2015


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