ALP’s foray comes from rising demand in the office sector, which has typically targeted the growth in business process outsourcing and gaming operations. One Vertis Plaza caters to an unserved market of companies in need of larger, headquarters-type, corporate offices, in Quezon City and in areas north of Metro Manila. Quezon City is home to key government offices, major institutions, vibrant shopping centers, and upscale residential subdivisions. But private sector offices have sprouted in various locations from the lack of a central business district (CBD). Offices have been located in Cubao, South Triangle and over the last decade, along C5-Libis. “What the 45-hectare Vertis North presents is a large scale, master-planned city center enhanced by an unbeatable, highly-connected location,” said Mike Jugo, ALP managing director. “With over 50% of its total area dedicated to offices and commercial establishments, Vertis North encourages enterprise and sets the ideal address for growing businesses,” Indeed, Vertis North has all the trappings of becoming a prime CBD just by its location alone. The project is a convergence point for major commercial areas, existing transport developments and Mega Manila’s upcoming infrastructure projects such as MRT 7 and the Unified Grand Central station, set to open by 2020 and 2022 respectively, as well as the Metro Manila subway, targeted for full completion by 2025. Growing estate Since its launch in 2012, Vertis North has grown with an array of high-rise residences, a hotel, shopping mall, and corporate offices. The estate has added more than 40,000 sqm. of gross leasable space through Ayala Malls Vertis North, complementing Trinoma’s 215,000 sqm. of retail spaces. Perched above the mall is Vertis North Corporate Center, offering over 123,000 sqm. of leasable office inventory with its first three towers, with two more towers underway. Notable multinational and homegrown companies have moved their offices to the development, including Google, Telus, and Teleperformance.