Megaworld to Construct JPMorgan Chase Building in BGC
Manila, Philippines—Megaworld, one of the Philippines’ largest developers and lessors of office spaces, is constructing a 25-story customized office building for the Philippine Global Service Center of JPMorgan Chase Bank N.A., one of the world’s leading global banking and financial services providers.
With its estimated 70,000 square meters of gross leasable area, the JPMorgan Chase building is the country’s biggest single-office lease deal in terms of the total space leased to a single company.
“Megaworld [which is behind at least 54 office towers across the Philippines] is proud to build the new home of JPMorgan Chase in Fort Bonifacio as it consolidates its existing Metro Manila operations under one roof–all in a state-of-the-art, prime and green office tower right at the heart of the booming Uptown Bonifacio. This multibillion-peso deal with a single company is the biggest in the country’s office leasing industry,” says Jericho Go, senior vice president, Megaworld.
Featuring highly efficient office floors and innovative technologies, the facility is designed by UK-based award-winning architectural firm Broadway Malyan.
The new development, strategically located along 38th Street corner 9th Avenue in Uptown Bonifacio, is a few meters away from the upcoming Uptown Transport Hub beside Kalayaan Avenue, the proposed Skytrain monorail system that connects Taguig’s Fort Bonifacio to Makati, as well as the future Kalayaan Station of the Mega Manila Subway and the Fort Bonifacio Bus Rapid Transit System.
The project is expected to complete in 2021.