Megawide Construction Corp. said Tuesday it started constructing the Hotel 101 project in Quezon City, its 6th project with property firm DoubleDragon Properties Corp.
Hotel 101 is the flagship property of Hotels of Asia Inc., the hospitality arm of DoubleDragon.
The 702-unit leisure hotel project will rise on a 2,547-square meter property inside Bridgetowne Estate in Libis, Quezon City.
Megawide previously constructed DD Center East and West, DD Plaza and DD Tower for DoubleDragon. It is also in the process of completing two more projects, DD Meridian Tower and Ascott DD Meridian Park Manila.
“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 Megawide Construction chief operating officer Frederick Tan.
“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,” he said.
Megawide said it would use its proprietary precast technology in constructing Hotel 101 to ensure faster and cost-efficient results.
The 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 said.
Megawide is an established player in the precast arena. Its main plant in Taytay, Rizal is the largest and most advanced in the Philippines and one of the largest in Southeast Asia – producing up to 168,000 cubic meters of precast units per year.
Hotel 101 is slated for completion in the fourth quarter of 2026.
