SM Prime Holdings Inc. said it expects its three-tower office project, The Core Towers, to generate more than 6,000 local jobs through tenant operations and building services in Sta. Rosa Laguna.
The company, in a statement on Thursday, said the newly completed P1.6 billion office building within its SM City Sta. Rosa complex is its 15th office development outside Metro Manila, providing 27,000 square meters (sqm) of prime office space to the South Luzon market.
It is also the only office building so far in the area.
“This brings SM Offices’ total leasable footprint to more than one million square meters, with over a fifth located across key regional growth corridors,” the company said.
SM Prime said The Core Towers is positioned to serve a growing base of business process outsourcing (BPO), technology and professional services firms seeking high-quality workspaces in Calabarzon— a region that accounts for 14.7 percent of the Philippines’ GDP in 2024.
“The Core Towers reflects the growing demand for future-ready office spaces in regional growth centers like Sta. Rosa,” Alexis Ortiga, vice president and head of SM Offices, said.
SM Prime added that the development offers flexible fit-out options, 24/7building management and high-speed telecom connectivity—key requirements for mission-critical operations.
Each tower is equipped with 100 percent backup power, modern building systems and direct connectivity to major transport corridors including the South Luzon Expressway (SLEX), Cavite-Laguna Expressway (CALAX) and the Old National Highway. Tenants also benefit from integrated access to retail, dining and public transit options within the mall complex.
“Leasing activity is underway, with several firms already in operation and early tenants citing location, workforce availability and infrastructure readiness as key drivers for expansion,” the company said.
“We are seeing sustained interest from companies looking for scalable locations that combine operational efficiency with strong local talent pools,” Ortiga added.
