Philam Life to build ultra-modern corporate tower in Cebu City

MANILA, Philippines - Philam Life, the country’s premier insurance provider, is building a P2.1-billion corporate center at the heart of Cebu City’s business district. The new Philam Life corporate center will be the most modern architectural landmark in Cebu City and the entire Visayas and Mindanao.

Located in the Cebu Business Park right in front of retail hub Ayala Terraces, Philam Life’s corporate center is part of the company’s ongoing business transformation program which aims to provide better access, convenience, and quality service to its customers through strategically-located offices with top-of-the-line facilities.

“The soon-to-rise Philam Life corporate center in Cebu City is a symbol of our commitment to invest in the economic progress of Cebu and the Visayas. Despite the calamities that hit the region, we believe the Visayas will not only recover and rebuild; it will also thrive as a main cog that will drive the country’s economy,” said Rex Mendoza, Philam Life CEO and president.

When completed, the twin tower structure will be a Grade A building and is expected to receive at the minimum the LEED Silver Core and Shell Certification. (The certification rates a structure according to design, construction, operation and maintenance of environment-friendly buildings.)

The edifice will be iconic. The ground floor and mezzanine levels will be open to commercial and retail shops. Most of the building will be up for lease and the rest will be for company use. It will also have a provision for a roof deck garden as well as function space for tenants.

Through its new corporate center, Philam Life is setting the benchmark in safety standards by adhering to strict earthquake and typhoon resistance building codes, designed to withstand winds of up to 300 kph, which is equivalent to Super Typhoon Yolanda’s wind speed.  The new corporate center is also expected to pave the way for more safe and environment-friendly buildings in the future.  

For more information about Philam Life, talk to a Philam financial advisor in your area, or log on to www.philamlife.com.