THREE months after the opening of its second Information Technology (IT) building, Cebuano property developer Oakridge Realty Development Corp. broke ground last Friday for its third IT office tower in Oakridge Business Park.
Once completed, the Oakridge IT Center (OITC) 3 will add 14,000 square meters of leasable space to the park’s current 24,000 sq.m.
The office tower is the second phase of the company’s three-year development plan.
OITC 3’s ground floor area will be filled by food and retail establishments, while the fifth to the 12th floors will accommodate office spaces.
Like its twin building, Oakridge IT Center 2, OITC 3 is envisioned to redefine the business and leisure landscape of Oakridge Business Park.
It is set for completion by the second quarter of 2019.
OITC 3 will have expansive common use areas, three-level podium parking, 24-hour generator set with 100 percent backup power, drop-off points for persons with disabilities, and Telco cabinets per floor, among others.
After OITC 3, the next phase of the company’s developmental plan will include the construction of an atrium connecting both buildings that will showcase an entertainment facility and more dining options.
Oakridge’s vision for both 12-story buildings was to continually support companies requiring small to medium cut spaces. It offers an array of spaces from the smallest 47 sq.m up to a full-floor plate area of 1,700 sq. m.
Balance
Oakridge Realty Chief Executive Officer Edmun Liu said building expansions are set to reinforce Oakridge Realty’s commitment to create a well-balanced work-play environment for its business process outsourcing (BPO) and other office clients.
The four-hectare Oakridge Business Park includes the OITC 1, 2 and 3; office and commercial spaces at Block 88; and food and retail establishments at Oak Tree Drive 1 and 2.
The park also includes two large-scale event venues: the Oakridge Pavilion, a 1,200-sq.m. premier event area and the 400-seater Oakridge Horizons that offers a panoramic view of the city.