The Po family-led green developer, ArthaLand Corporation is set to launch its first project in the Visayas and Mindanao region, signaling the company’s continuous expansion. The 8-billion Grade-A office development is designed to address the IT and business process outsourcing industry’s growing demand for quality space.
The project will rise at the property that ArthaLand recently acquired along Salinas Drive, at the Cebu IT Park area.
To be built on more than 8,000 square meter prime property, Cebu Exchange will be the largest and the tallest IT-BPM business ecosystem at the Cebu IT Park area. The 38-storey office building will house four floors of complementary retail outlets and 30 large-cut flexible office floors. Appurtenant parking will be ample at 945 units.
“With the continuing market optimism on Visayas and Mindanao, ArthaLand sees robust opportunities, especially in the information technology and business process management sector. This is why we are aiming to launch Cebu Exchange very soon,” said Angie de Villa – Lacson, the company’s president and CEO.
Cebu Exchange will be VisMin’s first and only office development to be on target to achieve dual green building certification under the U.S. Green Building Council’s LEED program and the Philippine Green Building Council’s BERDE certification programs.
To ensure resource efficiency for the building’s locators, Cebu Exchange will feature green elements such as efficient building envelope, water efficient plumbing system, low-energy consuming air-conditioning system, efficient lighting system, use of low-emitting materials, and allocation for Low-Emitting & Fuel Efficient Vehicle (LEFEV) parking. With its strategic location, the project is well connected to the rest of the community, thus requiring less use of motorized vehicles.
According to industry experts and property analysts, certified green buildings are preferred by multinational players as required by their home offices. “ArthaLand is the only Philippine developer that puts sustainability at the core of all its projects. This is why we know that the expertise that we bring to Cebu and the rest of Visayas and Mindanao will further boost the region’s business viability,” de Villa – Lacson underscored.
“Cebu Exchange will change VisMin’s real estate landscape. Cebu Exchange will be the Future of Business in the region,” she emphasized.