Transitioning to become a culture that advocates sustainable design and technologies, and moreover, in pushing efforts towards environmental sensitivity, as well as making the country a globally attractive investment destination for both commerce and the real estate industry, Cebu is on its way to becoming a hub for sustainable developments in the Philippines.
The “Lunch and Learn” event last May 30, 2018, held in the Cebu Exchange Gallery, Cebu City, and hosted by Cebu Exchange by ArthaLand and ARCH Capital in partnership with the Urban Land Institute (ULI), focused on this very theme as part of their mission to promote and share green building practices in the Philippines.
Cebu presents more room to grow and is emerging as an attractive place for real estate developers to pursue brand new green investments. Moreover, it is also the fastest growing Central Business District in the Philippines, with enough help from the government’s support of green building practices, and low vacancy rates among its supply of office spaces.
One of the keynote speakers during the event, Raymond Rufino, Chairman of Urban Land Institute Philippine National Council and Chairman of the Philippine Green Building Council, shared that, trends on sustainable spaces and green buildings remain not only geared towards attracting investors, but mostly targets the improvement to the quality of life as well as move businesses forward.
Moreover, he adds that aside from the environment-friendly practices which reduce energy consumption and with air pollution-causing emissions, green buildings yield strong financial returns for owners and tenants of green and sustainable buildings.
Phillip Añonuevo, Director of Leechiu Property Consultants, Inc., also stressed that both the pubic and private sectors are preparing added infrastructure for the investments in real estate coming to Cebu including the Mactan Cebu International Terminal Building which is set to open next month with a capacity of around eight million passengers per year.
ArthaLand’s latest signature office tower, Cebu Exchange which is located in Salinas Drive, across Asiatown I.T. Park, Cebu City, is expected to change the workspace environment in Cebu’s foremost commercial hub. It is set to be one of the tallest spaces, and the biggest green building in the Philippines with a projected size of 109,000 square meters.
“ArthaLand is committed to delivering best-in-class and sustainable developments, that not only add to the bottom line, but also are visual assets to the city’s skyline”, Leo Po, Executive Vice President and Treasurer of ArthaLand Corporation, shares as he talks about the green developments.
Aside from its sustainability, the developments also take pride in their goal to create a beautiful and instantly identifiable architectural design, which would feature interlocking cubic volumes defining the tower’s crystalline massing and becoming an iconic addition to the Queen City of the South’s cityscape.
This shift to the “berde” side, advocating green buildings and other developments, poses a strong, emerging path to sustainable living, at the very heart of the city.
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