PRIMEX Corp. started the construction of its P3.6-billion office tower in San Juan City yesterday, banking on its prime location to drive demand for tenants.
In a statement issued Wednesday, the listed property developer said it has broken ground for the Primex Tower. The 50-storey office project will stand on a 1,944-square meter lot at the corner of EDSA, Connecticut Street, and Florida Street at the Greenhills commercial district.
Primex Tower is set to offer around 41,000 square meters (sq.m.) of leasable spaces with a cut of 200 to 300 sq.m each. Offices will be spread out across 37 floors, while 12 floors will be dedicated for above-ground and basement parking.