THE Jorge Araneta-led Araneta City continues to bolster its position as a major technology hub in the country when it recently held the ceremonial first concrete pouring at Cyberpark 3.
“Cyberpark 3 is our latest solution to the needs of companies and locators looking for options. Once completed, it will serve as a suitable, even superior, alternative to office spaces in the usual CBDs,” Rowell Recinto, senior management consultant of the Araneta Group, said in an interview with reporters on the sidelines of the event.
The P4 billion Cyberpark 3 is part of the P20-billion Cyberpark development of the Araneta Group of Companies.
Recinto said Cyberpark 3 is the third office building to rise in Araneta City’s 8-hectare Cyberpark Office district. It will be a 30-storey office building that features state-of-the-art facilities including a Leadership in Energy and Environmental Design (LEED) certification.
Recinto said Cyberpark 3 will have 27 levels of office spaces, three basement parking levels, and two floors of retail space in its podium. It will have large floor plates (typically 2,500 square meters), floor-to-ceiling windows, and top-of-the-line facilities which include, among others, a Smart Elevator System.
Cyberpark 3 is the latest addition to Araneta City’s master-planned community that already includes residential, office, hospitality, and retail developments.
He said the office tower will house retail spaces in its podium. It is accessible to other key landmarks in the center—entertainment venues, like the Smart Araneta Coliseum, retail centers like Farmers Plaza, Ali Mall and the soon-to-open Gateway Mall 2, hotels like Novotel Manila and the upcoming ibis Styles Hotel, and the Manhattan Gardens residential towers.
It straddles the crossroads of Edsa, Aurora Boulevard, and P. Tuazon Street, giving easy access from anywhere in Metro Manila. Cyberpark 3, as with the whole Araneta City, has access to multimodal transport like the MRT, LRT, buses, commuter vans, and jeepneys.
Like its two predecessors, Cyberpark 1 and 2, this new office building highlights green initiatives and renewable energy solutions and will carry a LEED certification. It will feature energy-efficient double-glazed windows and a rainwater collection system, among others.
“We will continue to introduce environmentally impactful design features and specifications in our Cyberpark construction. This serves as Araneta Group’s commitment toward environmentally responsible developments,” Recinto said.
A PEZA-registered IT Zone, the Cyberpark Complex is projected to have five towers with a combined floor area of over 500,000 square meters. Two towers have been completed—Cyberpark 1 which opened in 2016, and Cyberpark 2 which opened in 2018.
Target completion is the first quarter of 2025.