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Megaworld Will Build JPMorgan Chase's Office Tower In Philippines

The Philippines-based developer Megaworld is set to construct a new office  building for JPMorgan Chase Bank’s Philippine Global Service Center in Metro Manila.

Located along 38th Street corner 9th Avenue in Uptown Bonifacio, the 25-storey development will offer approximately 70,000m² of gross leasable area upon completion.

Megaworld senior vice president Jericho Go said: “Megaworld is proud to build the new home of JPMorgan Chase in Fort Bonifacio as it consolidates its existing Metro Manila operations under one roof – all in a state-of-the-art, prime and green office tower right at the heart of the booming Uptown Bonifacio.

The development team has designed the project to meet the LEED Gold certification standards.

The office tower is scheduled to be completed in 2021 and will be ready for full operations by 2022.

Philippine Global Service Center chief executive officer Raoul Teh said: “Manila continues to be a major strategic hub for JPMorgan Chase. “Through this landmark development, we are able to consolidate our presence to one location, so enabling us to bring our Manila-based employees together, facilitating increased collaboration while also demonstrating our commitment to providing them with various career opportunities within the firm.”