MEGAWIDE Construction Corp. started construction activities for DoubleDragon Properties Corp.’s Hotel 101 project with a ceremonial concrete pouring last May 28.
Hotel 101 is the flagship property of Hotels of Asia, Inc., which is the hospitality arm of DoubleDragon. The 702-unit leisure hotel will be built on a 2,547-square meter property inside Bridgetowne Estate in Libis, Quezon City.
This is the sixth project of Megawide with DoubleDragon.
“Megawide has earned a high level of trust from clients in the commercial segment, including hotels. These are complemented by our deep experience in engineering mixed-use and vertical developments,” said Frederick Tan, chief operating officer for Megawide Construction. “This synergy with DoubleDragon, which is a major player in this industry, shows our company’s drive for excellence anchored on state-of-the-art construction solutions and vertically integrated operations.”
The engineering and infrastructure innovator is expected to utilize its proprietary precast technology on Hotel 101, which ensures faster and cost-efficient results. This technology was previously applied to the Ascott DD Meridian Park Manila and the Meridian Tower within the DoubleDragon Plaza at DD Meridian Park in the Bay Area.
“We continue to explore avenues to incorporate and maximize our brand of innovation in the local engineering and construction arena by closely working with our Precast and Construction Solutions unit to offer efficient project turnaround, while reducing long-term outlays for our valued clients,” Tan added.
Hotel 101 is the sixth project of Megawide with DoubleDragon. Both companies formalized their deal on building the hotel’s structure on April 26, 2023, while the target date for completion is set for the fourth quarter of 2026.
