Philippine Stock Exchange Tower

From Wikipedia, the free encyclopedia

StatusCompleted
TypeOffice
LocationOne Bonifacio High Street,
5th Avenue cor. 28th Street, Bonifacio Global City,
Taguig, Metro Manila, Philippines
Coordinates14°33′05″N 121°02′49″E / 14.55133°N 121.04708°E / 14.55133; 121.04708
Philippine Stock Exchange Tower
The PSE Tower in Bonifacio Global City
Interactive map of the Philippine Stock Exchange Tower area
General information
StatusCompleted
TypeOffice
LocationOne Bonifacio High Street,
5th Avenue cor. 28th Street, Bonifacio Global City,
Taguig, Metro Manila, Philippines
Coordinates14°33′05″N 121°02′49″E / 14.55133°N 121.04708°E / 14.55133; 121.04708
Construction started2012
Completed2017
Cost 3.5 Billion
OwnerPhilippine Stock Exchange
Height
Roof114.41 m (375.36 ft)[1]
Technical details
Floor count30
Floor area50,000 m2 (538,195.52 sq ft) (total floor area)
41,389 m2 (445,507.49 sq ft) (gross leasable area)
Lifts/elevators10
Design and construction
Architecture firmHandel Architects together with Leandro V Locsin Partners and GF & Partners Architects
DeveloperAyala Land Premier
Main contractorMakati Development Corporation (MDC)
References
[2][3][4][5]

The Philippine Stock Exchange Tower is an office skyscraper in One Bonifacio High Street, Bonifacio Global City in Taguig. The building has 30 floors above ground level. It serves as the new headquarters and unified trading floor of the Philippine Stock Exchange. The building is characterized as an all-glass, grade A level building.[3] It is occupied by the stock brokers and trading managers of the PSE.

The construction of the PSE Tower was originally planned in 2004, as part of the stock exchange's plans to unite the exchanges under one building, but hurdles such as location planning, naming rights, and the building's design put this plan on hold until 2008. One noted example of the planned designs featured renders inspired from the Commerzbank Tower in Frankfurt, Germany, which was designed by Skidmore, Owings & Merrill, and was planned to have a height of 229 m (751 ft). The building became part of the One Bonifacio High Street Project, a 2.35-hectare (5.8-acre) high end mixed-use development located in the northern area in Bonifacio Global City (BGC), which comprises the Philippine Stock Exchange Tower, The Suites at One Bonifacio High Street, the Shangri-La at the Fort, and the One Bonifacio High Street Mall.[6][7] The entire high end complex costed a total of 30 billion.[8][9]

The building was built on a property donated by Fort Bonifacio Development Corp. to the PSE. The PSE then gave its rights to the donated property to Ayala Land Inc. in exchange for several units in the new building.[10]

Groundbreaking was initially planned in January 2009, and is planned to be completed in 2012, yet the groundbreaking was held in 2012, and the tower was topped off in 2017, before being opened in February 2018.[11]

Architecture

Facilities

References

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