Araneta City Cyberpark

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Coordinates: 14°37′07″N 121°03′16″E / 14.61858°N 121.05442°E / 14.61858; 121.05442
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Araneta City Cyberpark
Megawide Construction Corporation (Tower 1 & Tower 2)
Datem Incorporated (Tower 3) [2]
Website
www.aranetacenter.net/cyberpark/index.php
www.aranetagroup.com/cyberpark/cyberpark-masterplan.php
www.aranetacitycyberpark.com

The Araneta City Cyberpark is a 8-hectare (20-acre) office development

Cubao, Quezon City
. Located along the southern part of the mixed-use commercial development, the office complex is currently undergoing a ₱20 billion redevelopment under a new master plan, consisting of five green office towers, retail spaces, and an outdoor park. The ongoing development currently includes 2 towers completed, and one tower under construction, with 191,000 m2 (2,055,906.89 sq ft) of office space completed as of January 2021.

The complex is designed by ASYA Design and

ACI Inc. serves as the owner and developer of the project. The redevelopment project is part of the Araneta City Master Plan.[4]

History

First Master Plan (2007-2008)

The Araneta City Cyberpark is part of the Araneta City master plan unveiled in 2000, and was rolled out in 2002, situated in an 8 hectares (20 acres) property along Gen. Aguinaldo, Gen. Araneta, and Gen. McArthur Avenues, primarily for Business Process Outsourcing/Information Technology (BPO-IT) office development. The development sits on a jeepney terminal servicing areas around

SM Cubao. Unfortunately, the outdoor complex did not click the public and was completely closed down years later.[5]

From the beginning of the late 1990s to 2001, the steady rise of the demand of business process outsourcing firms being founded in the country continues to contribute to the country's GDP through foreign and local investments, which also contributed to the creation of jobs in various sectors, and enabling the country to take a spot in the global outsourcing market in 2005 by attributing a total average of 3% of the total global output, making the BPO industry one of the fastest growing industries in the country.[6] Developments for BPO related industries flourished further during the Arroyo administration as part of their economic programs.[6] Due to the huge market potential of the industry and the successful launches of various BPO companies, the rising BPO industry also attracted the Araneta Group and prompted the company to launch the Cyberpark Master Plan in 2000, which also began to develop similar properties to cater the rapid rise of the industry, starting with the completion of the Gateway Office Building in 2005, which is primarily occupied by Accenture. The Cyberpark also became part of the finalized Araneta Center Redevelopment Plan in 2006, following the opening of the Gateway Mall in 2004, which also featured the Manhattan Gardens, the Gateway Tower, and a proposed 400-room business hotel, which became known today as Novotel Manila Araneta City. The first master plan of the Cyberpark was laid out in 2007, and began construction in the same year, before being completed in 2008. The complex is composed of 2 4-storey low-rise buildings, with 5 additional low rise buildings planned during the early planning phases. The two buildings were occupied by companies, such as Telus,[7] APAC Customer Services Inc., Advanced Contact Solutions, Agentworx Contact Solutions, and Expert Global Solutions.[8][9][10]

Updated Master Plan (2012-present)

Following the success of the Cyberpark, the development led in an increase of demand for more office spaces within the area. Guided with the continuous success of the BPO industry and related companies within the area, as well as an increase of deals, partnerships, and potential investment opportunities between the Araneta Group and various BPO firms, and a rising trend of green office developments throughout the country, a newer and updated master plan was finalized, consisting of 5

SM Cubao, Ali Mall, the Manhattan Gardens condominiums, the Araneta Coliseum, the New Frontier Theater, the Novotel Manila Araneta City and the upcoming Ibis Styles Araneta City.[11]

The early planning stages of the complex began in 2012, wherein among the plans laid out consists of an open-air outdoor park with an intersecting road in between the towers, while having a total of 5 levels for retail, directly connected via footbridges. In 2014, the master plan was finalized, wherein the development will consist of 5 towers with varied architectural designs. The implementation of the new master plan is set to cost ₱20 billion and commenced with the construction of Cyberpark Tower 1 in April 2014, the Cyberpark Tower 2 in February 2016, and the Cyberpark Tower 3 in 2023. The development is also outlined to interconnect all office towers within the Cyberpark through the complex's basement parking and retail levels, and will also include a planned road extension of the Gen. Araneta Avenue, linking the road to the P. Tuazon Boulevard.[12]

Location and Features

The development is also connected to major transport hubs such as the

Gateway Mall 2, primarily attracting business process outsourcing and corporate services companies, with plans laid out to also cater Philippine Offshore Gaming Operators.[13] The complex also features a variety of green initiatives and an ultra-high-speed fiber optic network infrastructure, enhancing the city's network connectivity, capable of reaching 5G networks, in collaboration with Smart Communications and PLDT.[14][15] The targeted completion of the entire green office complex is set within 2030.[16]

Structures

The Araneta City Cyberpark consists of five LEED-approved towers, interconnected with direct connections with the proposed Gateway Mall 3 and other properties within the Araneta City. The following table lies the current updates of the towers as of August 2023:

Name Image Construction started Completion Height Current status
Telus House 2007; 17 years ago (2007) 2008; 16 years ago (2008) Completed
Cyberpark Tower 1

April 2014; 10 years ago (2014-04) May 2016; 7 years ago (2016-05) 122 m (400 ft) Completed
Cyberpark Tower 2 February 2016; 8 years ago (2016-02) December 2018; 5 years ago (2018-12) 126 m (413 ft) Completed
Cyberpark Tower 3 June 2019; 4 years ago (2019-06) 2025; 1 year's time (2025) 126 m (413 ft) Under construction, upper floors being erected
Cyberpark Tower 4 Under conceptual stage
Cyberpark Tower 5 Under conceptual stage

Buildings

Telus House

The Telus House is one of the first low-rise, 4-storey buildings in the original Cyberpark plan completed in 2008, and currently houses Telus as its main tenant. The building has 15,000 m2 (160,000 sq ft) of total office space, and features retail stores located at the ground floor.

The building will soon be demolished in order to give way for the construction of the Gateway Mall 3, a 5-storey 100,000 m2 (1,100,000 sq ft) expansion project of the Gateway Mall, and the Cyberpark Tower 4. The future development will feature eco-friendly initiatives, additional retail spaces and an elevated, green, outdoor park, and is currently on the planning stage.

Cyberpark Tower 1

The Cyberpark Tower 1 is the first tower of the project,

SM Cubao via Elevated Bridge. In November 2022, PartnerHero opened their first private office in the country, and occupies the 7th floor in the tower.[21][22] On 31 August 2023, Everise became the tower's latest tenant, and serves as the company's first branch in Quezon City.[23]

One of the planned original tenants of the tower was Expert Global Solutions (EGS), after the company announced its plans to relocate their operation to the tower in early 2016. However, after lengthy negotiations with the Araneta Group and Alorica's acquisition of EGS, the plan was cancelled and the company decided to temporarily maintain their operations to the Alorica Building until March 2019, as the company moved its operations to the nearby Cyberpark Tower 2. The tower is also planned be directly connected to the upcoming Gateway Mall 3, and the Cyberpark Tower 4.

Cyberpark Tower 2

The Cyberpark Tower 2 is the second tower of the project, standing 31 storeys high on the former Jeepney Terminal servicing areas within Quezon City and the

Province of Rizal, the Cyberpark Tower 2 has 97,000 m2 (1,044,099.31 sq ft) of office space, featuring a curved building design, floor-to-ceiling double-glazed energy-efficient windows, smart elevators, side balconies with planters, and a rainwater recovery system.[24][25][26] The final design of the tower was initially planned to include vertical trellises and erect a spire from the tower's side balconies, which was scrapped during the tower's construction phase.[4] Groundbreaking for the construction of the tower started in February 2016, while construction works began on the 3rd quarter of 2016, and was topped off in March 2018, before being fully completed in December 2018, as tenants and stores began occupying the tower.[26][27]

The tower, like its predecessor, the Cyberpark Tower 1, has 3 basement parking levels with 2 levels of retail spaces and currently houses companies like

Araneta Group, after relocating their operations from the Aurora Tower, the company's former headquarters, in 2019. Aside from Alorica, the tower is also housed by various BPO companies such as Ibex, which also occupies multiple floors of the tower, Acquire BPO, Offshore Business Processing, and HasTech IT Limited. The tower is also set to be occupied by banks, convenience stores, food stalls, and restaurants within the tower's retail lobby.[28][29][30] In February 2023, R1 RCM, an American healthcare BPO company became the latest tenant to occupy the building.[31]

Cyberpark Tower 3

The Cyberpark Tower 3 is third tower of the project, and is the latest tower being built in the complex, which is currently under construction, soon to rise on the former Alorica (EGS) Building site.

Megawide Construction Corporation regarding the construction issues of the Cyberpark Tower 2, the Gateway Mall 2 and the Ibis Styles Araneta City,[36] [37] [38] the construction of the tower was temporarily delayed.[39] In August 2022, the general contractor for the project was awarded to Datem Incorporated, while the tower's groundbreaking phase continued in December 2022.[2] On 6 February 2023, the first concrete pouring of the tower began in a ceremony attended by various Araneta Group officials, along with Binibining Pilipinas contestants. The tower is expected to be completed within the first quarter of 2025.[40][41][42] [43][44]

Cyberpark Tower 4

The Cyberpark Tower 4 is the fourth tower of the project, which will rise as a 30-storey office building, and is planned to be built on the current site of the Telus House and across Cyberpark Tower 2, with a direct connection to the Gateway Mall 3. The tower will also have the same features with its predecessors, and is currently on the planning stages.[32]

Cyberpark Tower 5

The fifth and final office building planned in the Cyberpark complex, which is currently in the planning stages. The Cyberpark Tower 5 is a planned 40-storey office building planned to be built on the Araneta City Jeepney Terminal and the private Araneta White House complex, which includes the Colombian Honorary Consulate. The tower will be located alongside the Cyberpark Tower 2, the Cyberpark Tower 3, and P. Tuazon Boulevard. The planned tower will feature an oval-shaped building design, and is currently in the planning stages.[32][42]

References

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  2. ^ a b "Cyberpark". Datem, Inc. | Your Trusted Builder.
  3. ^ "Araneta Center Cyberpark: The newest premier business district in the Metro | Marane A. Plaza". BusinessMirror. July 24, 2018.
  4. ^ a b "The Araneta Group". www.aranetagroup.com. Retrieved February 19, 2018.
  5. ^ "Reminiscing Cubao: The Fiesta Carnival". December 11, 2010.
  6. ^ a b Abaricio, Mark Daniel (March 11, 2022). "The History of Outsourcing in the Philippines: A Timeline". KDCI.
  7. ^ "Araneta Center Cyber Park welcomes Telus Internat". Philstar.com.
  8. ^ "- Manhattan Garden City". yourpropertyconsultant.weebly.com/. Retrieved February 28, 2018.
  9. The Philippine STAR
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  10. ^ "Cubao Projects Ground Breaking Ceremonies – Metrostonerich-Alpha".
  11. ^ "Overview". aranetacenter.net/cyberpark/index.php. Retrieved February 28, 2018.
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  13. ^ Nicolas, Jino (March 25, 2018). "Araneta to develop new budget hotel in Cubao". BusinessWorld Online.
  14. ^ Mercurio, Richmond. "PLDT, Smart pick Araneta City for launch of 5G lifestyle hubPLDT, Smart pick Araneta City for launch of 5G lifestyle hub". Philstar.com.
  15. ^ https://www.aranetagroup.com/redevelopment.pdf. Retrieved September 30, 2020. {{cite web}}: Missing or empty |title= (help)
  16. ^ "2019 Araneta City Corporate AVP". YouTube.
  17. ^ "Cyberpark Tower 1". megawide.com.ph/. Retrieved February 28, 2018.
  18. ^ a b "Araneta City". December 20, 2023.
  19. ^ "Araneta City". December 20, 2023.
  20. ^ "Cyberpark Tower One". Megawide Construction Corporation.
  21. ^ "PartnerHero opens first private office in the country". Manila Bulletin. November 9, 2022.
  22. ^ "PartnerHero excited to announce opening of first fully private office in PHL - BusinessMirror". November 21, 2022.
  23. ^ "EVERISE OPENS NEWEST PHILIPPINES SITE IN ARANETA CITY, QUEZON CITY". www.prnewswire.com.
  24. ^ "Araneta breaks ground on CyberPark Tower 2 for BPO locators". bworldonline.com/. Retrieved February 28, 2018.
  25. ^ "Araneta City". December 20, 2023.
  26. ^ a b "Cyberpark Tower 2". ASYA.
  27. ^ "Araneta group tops off 2nd office tower in Cyberpark | VG Cabuag". BusinessMirror. March 19, 2018.
  28. ^ "BPO giant ibex doubles PH network to 6 offices, adds 3,000 jobs | Bilyonaryo Business News". June 7, 2019.
  29. ^ "Business".
  30. ^ Cabuenas, Jon Viktor D. "IBEX invests $13.5M in expanding PHL operations". GMA News Online.
  31. ^ "We are excited to announce that due to our remarkable growth, we have expanded and are now open in Cubao, Cybergate 2!". Facebook.
  32. ^ a b c "The Araneta Center Cyberpark pushes for green initiatives". BusinessMirror. August 6, 2019. Retrieved October 5, 2019.
  33. ^ "Araneta Center targets 3rd tower development". The Manila Times. March 26, 2018.
  34. The Philippine STAR
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  35. ^ "Araneta City". December 20, 2023.
  36. ^ "Megawide opposes ACI's counterclaim, plans arbitration filing". BusinessWorld Online. April 18, 2023.
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  38. ^ Lelis, Brix (January 13, 2024). "Araneta Group owes P180M to Megawide". The Manila Times.
  39. ^ "BPO industry growth seen slowing down". BusinessMirror. May 31, 2019.
  40. ^ "Araneta unit to open P4-B third tower of Cyberpark in 2025". BusinessWorld Online. February 6, 2023.
  41. ^ "Araneta City holds concrete pouring ceremony for Cyberpark 3".
  42. ^ a b "Araneta City rises as a new office center". Archived from the original on June 30, 2022. Retrieved May 15, 2022.
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  44. ^ Almazan, Faye (April 14, 2022). "Araneta City adds office district". The Manila Times.
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