an artist’s rendition of McKinley West
Tycoon Andrew Tan-led property developer Megaworld Corp. is building a P3-billion office tower that will serve as the regional corporate headquarters of US-based financial research solutions provider FactSet in MacKinley West, Fort Bonifacio.
The 17-storey FactSet Tower will have 48,000 square meters of office space that will rise along Le McKinkey West’s Grand Avenue, Megaworld said in a disclosure to the Philippine Stock Exchange on Monday.
Set to be completed in 2020, the FactSet Tower will be constructed in accordance to LEED green
building ratings program developed by the U.S. Green Building Council, the disclosure said.
LEED, or Leadership in Energy and Environmental Design, is the most widely used green building rating system in the world.
“We are enthusiastic about this long-term lease deal which we closed in New York weeks ago.
FactSet’s expansive presence, which will be headquartered in McKinley West, demonstrates its
continued confidence in the country’s growing economy,” Megaworld senior vice president Jericho Go said in a press statement.
“FactSet is delighted to expand our presence in the Philippines with this exciting milestone. The
very skilled, talented, creative and hardworking FactSetters in our Manila facilities are instrumental to helping FactSet achieve our mission to solve our clients’ greatest challenges through the power of collaboration,” said FactSet chief executive officer Philip Snow.
Snow, along with other FactSet executives, sealed the deal with Megaworld in its global headquarters in New York City a few weeks ago.
“We are really committed to building more LEED-certified office towers. We want to make our
developments more sustainable. We are closely working with FactSet to finalize its
requirements,” Go added.
“FactSet wants to stress the importance of having a state-of-the-art ‘green’ building to help
promote a safe and healthy work environment. This is one of the reasons why we continue to be
acknowledged as one of the top companies to work for,” said Rachel Stern, senior vice president at
FactSet.