Traffic, talent pool drawing more firms to relocate to QC

panoramatechcenterthumb2Panorama Technocenter, an 18-story green structure designed for competitive industries like BPOs, has completed construction and is ready to provide space for many companies now considering Quezon City as a hub.


Even prior to completion, the building had successfully leased out 60 to 70 percent of the office floors.
The state-of-the-art tower, located along EDSA, is part of a limited supply of new offices in Quezon City, which, according to studies by wholly-Filipino owned Leechiu Property Consultants Inc., is emerging as Panorama Technocenter has completed construction and is the preferred site for firms ready to provide space for many companies now considering maximizing opportunities Quezon City as a hub. offered by Metro Manila’s worsening traffic stock in Metro Manila after Makati, BGC situation. and Ortigas, according to estimates.
Many businesses are encouraged to meantime, spaces built to the requirements locate in Quezon City because of its large of BPOs may be hard to panoramatechcenter01come by in Quezon pool of workers. The city accounts for 34 City this year and next, according to Barranda, percent of the megalopolis’ total workforce. who is part of the Leechiu Property Many of them work in the central Consultants leasing team. business districts of Makati, BGC and Ortigas The 18-story Panorama Technocenter and are likely to consider transferring also answers the needs of firms looking for to a work place in the North to avoid the office space in the north close to transport menacing traffic problem. routes and mid-income neighborhoods.
David Leechiu, chief executive officer of The structure is the builder’s third office Leechiu Property Consultants, the exclusive development that meets the requirements leasing agent of Panorama Technocenter, of BPOs and other competitive industries. said land for new office developments is It boasts, for instance, of large floor plates, getting scarcer and more costly in the established typically 2,428 sqm., which can easily accommodate business districts of Metro Manila. large numbers of employees.
“Thus, Quezon City is evolving into a Barranda observes many are surprised good place for businesses to invest in,” he to see a tower with green building features said. like Panorama in that part of Quezon City
“The lure of cutting travel time by half dominated by old office spaces. The building, or more has become an incentive offered by which is less than 100 meters from the BPO companies to talents from the north. LRT-1 Roosevelt station, has double-glazed This also helps manage attrition especially glass windows, which help insulate the for workers living in Quezon City,” said building from heat, and is fitted with energy Mikko Barranda, associate director of efficient LED lighting. Leechiu Property Consultants. It has nine passenger elevators and an en
Quezon City is projected by 2020 to ergy efficient VRF air-conditioning system have the fourth largest number of office in addition to a 100-percent backup power.

source: The Philippine Star 26 May 2017 (https://www.pressreader.com/philippines/the-philippine-star/20170526/282136406358261)

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