Araneta City Cyberpark

The Araneta City Cyberpark is a 8 hectares (20 acres) office development[1] located in The Araneta City in Cubao, Quezon City. The office complex is currently undergoing 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 179,863 m2 (1,936,029.22 sq ft) of office space completed as of January 2021.

Araneta City Cyberpark
A computerized render of the upcoming Araneta City Cyberpark
General information
StatusUnder Development
TypeOffice
LocationGen.Aguinaldo Ave. cor Gen. Mc Arthur Ave., Araneta City, Quezon City, Metro Manila, Philippines
Construction started2007 (Telus,APAC,EGS House)
2014 (Cyberpark Tower 1)
2016 (Cyberpark Tower 2)
Completed2008 (Telus,APAC,EGS House)
2016 (Cyberpark Tower 1)
2018 (Cyberpark Tower 2)
Opening2016 (Cyberpark Tower 1)
2018 (Cyberpark Tower 2)
Cost₱20 billion
OwnerACI Inc.
ManagementACI Inc.
Height
Roof122 m (400 ft) (Cyberpark Tower 1 including helipad)
125 m (410 ft) (Cyberpark Tower 2 including helipad)
Technical details
Floor count30 (Cyberpark Tower 1)
31 (Cyberpark Tower 2 & Tower 3)
3 Underground
Floor area550,000 m2 (5,920,150.73 sq ft) (upon completion)
Lifts/elevators10
Design and construction
ArchitectASYA Design
DeveloperACI Inc.
Main contractorMegawide Construction Corporation
Website
www.aranetacenter.net/cyberpark/index.php
www.aranetagroup.com/cyberpark/cyberpark-masterplan.php

The ACI Inc. is the owner and developer of the project. The redevelopment project is part of the Araneta City Master Plan.[2]

History

The Araneta City Cyberpark is part of the Araneta City master plan unveiled in 2000, situated in an 8 hectares (20 acres) property along Gen. Aguinaldo, Gen. Araneta, and Gen. McArthur Avenues, primarily for BPO/IT office development. The development sits on a jeepney terminal servicing areas around Quezon City and the Province of Rizal, and the private Araneta White House (Bahay na Puti) complex. It also sits on the former lot occupied by Fiesta Carnival, a 2 hectares (4.9 acres) amusement park formerly occupying the Shopwise Hypermarket complex. As the carnival declined in the 1990s due to mall-based entertainment and other technological shifts, the Araneta Group decided to move the carnival into an open lot located in the south west corner lot of the complex, across SM Cubao. Unfortunately, the outdoor complex did not click the public and was completely closed down years later.[3]

The first master plan of the Cyberpark, which was completed on 2008, is composed of 2 4-storey low-rise buildings (with 7 low rise buildings planned during the early planning phases). The two buildings were occupied by companies, such as Telus, APAC, AGS, Agentworx, and Expert Global Solutions.[4][5]

As demand for office spaces grew and expanded over the years, along with the country's stable growing economy, a newer and updated master plan was finalised, consisting of 5 PEZA certified and LEED-approved towers, with 2 levels of retail (initially 5), surrounding an outdoor park,[6] and connected to malls and nearby buildings such as 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. The development will also include an extension of the Gen. Araneta Avenue, linking the road to the P. Tuazon Boulevard.

The development is also connected to major transport hubs such as the MRT 3 Cubao Station, the LRT 2 Cubao Station and transport terminals, with future connections to the Gateway Mall 3, and the Gateway Mall 2, primarily attracting business process outsourcing and corporate services companies. The complex also features an ultra high-speed fiber optic network infrastructure, enhancing the city's network connectivity, capable of reaching 5G networks.[7]

The expected completion of the complex is set within 2030.

Facilities

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 100,000 m2 (1,100,000 sq ft) expansion project of the Gateway Mall, and Cyberpark Tower 4. The future development will feature eco-friendly initiatives, additional retail spaces and an elevated, green, outdoor park. The construction of the new buildings is expected to begin in 2022 or 2023.

Cyberpark Tower 1

The first tower in the project,[8][9] and standing 30 storeys high. Construction started on February 2014, and was completed in May 2016. The Cyberpark Tower 1 has 86,689 m2 (933,112.63 sq ft) of office space,[10] with 3 basement parking levels, 2 levels of retail, and houses companies Like 24-7 Intouch, Stellar, Sterling, Genesys, Accenture, and The Vibal Group, as well as The Medical City Clinic Cubao Branch. The Tower will is also connected to nearby SM Cubao via Elevated Bridge.

One of the planned original tenants of the tower was Expert Global Solutions (EGS), after the company announced it's 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 remain their operations to the Alorica Building until March 2019, as the company moved its operations to Cyberpark Tower 2.

The tower features double glazed windows for energy efficiency, a rainwater collection system, and is also equipped with Solar panels located at the roof deck of the building.[11] The tower will also soon to be directly connected to the Gateway Mall 3 along with Cyberpark Tower 4.

Cyberpark Tower 2

The second tower of the project,[12][13] standing 31 storeys high on the former Jeepney Terminal, The Cyberpark Tower 2 has 93,174 m2 (1,002,916.59 sq ft) of office space, featuring double-glazed energy-efficient windows, smart elevators, vertical trellises, balconies with planters, and a rainwater recovery system.[2] The construction of the tower started on February 2016, and was finished on December 2018.[12][14] The tower houses companies like Alorica, occupying the first 7 floors of the tower, with plans to occupy more floors, as well as Pizza hut, and Dairy Queen (with the main office still located at the Aurora Tower), and Ibex.[15][16]

Cyberpark Tower 3

The third tower of the project, Cyberpark Tower 3 is now under construction, soon to rise on the former Alorica Building site. The tower will be similarly designed to Cyberpark Tower 2, standing 31 storeys high, having 93,174 m2 (1,002,916.59 sq ft) of office spaces, and features double-glazed energy-efficient windows, smart elevators, vertical trellises, balconies with planters, and a rainwater recovery system. The demolition of the Alorica Building began on June 2019, while the groundbreaking for the construction of the tower started afterwards, on September 2019. The tower is slated to be completed on 2022.[17][18][19][20][21][22]

Cyberpark Tower 4

The fourth tower of the project, Cyberpark Tower 4 is a planned 30-storey office building planned to be built on the Telus House, with a planned direct connection to the Gateway Mall 3. The tower will also have the same features with its predecessors, with the targeted construction of the project is expected to start within 2022 or 2023.[22]

Cyberpark Tower 5

The final office building planned in the Cyberpark, the Cyberpark Tower 5 is a planned 40-storey office building planned to be built on the Jeepney Terminal located along Cyberpark Tower 2 and Cyberpark Tower 3.[22]

  • Cyberpark Tower 1 on General Aguinaldo Avenue
  • The Cyberpark Tower 1 on July 2020
  • The Cyberpark Tower 2 on July 2020
  • The upcoming Cyberpark Tower 3 as of July 2020

References
  1. https://businessmirror.com.ph/araneta-center-cyberpark-the-newest-premier-business-district-in-the-metro/
  2. http://www.aranetagroup.com. "The Araneta Group". www.aranetagroup.com. Retrieved 2018-02-19.
  3. https://www.theurbanroamer.com/reminiscing-cubao-the-fiesta-carnival/
  4. "- Manhattan Garden City". yourpropertyconsultant.weebly.com/. Retrieved 28 February 2018.
  5. https://www.philstar.com/business/technology/2008/04/28/58843/araneta-center-cyber-park-expands-more-bpo-firms/amp/
  6. "Overview". aranetacenter.net/cyberpark/index.php. Retrieved 28 February 2018.
  7. (PDF) https://www.aranetagroup.com/redevelopment.pdf. Retrieved 30 September 2020. Missing or empty |title= (help)
  8. "Cyberpark Tower 1". megawide.com.ph/. Retrieved 28 February 2018.
  9. https://www.aranetacenter.net/btowers/home/13
  10. https://www.aranetacenter.net/btowers/home/13
  11. https://www.aranetacenter.net/news/article/142
  12. "Araneta breaks ground on CyberPark Tower 2 for BPO locators". bworldonline.com/. Retrieved 28 February 2018.
  13. https://www.aranetacenter.net/btowers/home/14
  14. https://businessmirror.com.ph/araneta-group-tops-off-2nd-office-tower-in-cyberpark/
  15. https://www.bilyonaryo.com.ph/2019/06/07/bpo-giant-ibex-doubles-ph-network-to-6-offices-adds-3000-jobs/
  16. https://business.mb.com.ph/2019/02/23/araneta-center-poised-to-become-ncrs-next-big-business-district/
  17. https://www.manilatimes.net/araneta-center-targets-3rd-tower-development/388552/
  18. https://www.philstar.com/business/2018/03/26/1800251/araneta-group-rethinks-planned-office-building-amid-business-process-outsourcing-slowdown
  19. https://www.aranetacenter.net/news/article/111
  20. https://www.aranetacenter.net/news/article/142
  21. https://www.gmanetwork.com/news/money/companies/702267/araneta-group-unveils-p20-b-masterplan-for-cyberpark-complex-in-cubao/story/
  22. "The Araneta Center Cyberpark pushes for green initiatives". BusinessMirror. 6 August 2019. Retrieved 5 October 2019.

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