Commercial buildings use a lot of power. In 2022, a report by the UN Environment Programme found that the consolidated electricity consumption in building operations makes up nearly 55% of the global electricity consumption. In the United States alone, large office buildings use an average of 20 kilowatt-hours (kWh) of electricity and 24 cubic feet of natural gas per square foot annually in order to operationalize.
Sustainability for Energy Efficiency
As an alternative, sustainable features are available to lessen the large-scale consumption of energy in the commercial sector. Energy efficiency is important to reducing greenhouse gases and carbon dioxide that contribute to climate change and global warming. Premium green buildings such as JEG Tower @ One Acacia in Cebu City are designed to limit energy consumption by incorporating innovative design and top-grade amenities to promote sustainability.
One of the most defining features of this 22-story iconic office tower is its solar panels, the first for commercial developments in Cebu. JEG Tower is set to utilize a 40 kWp Solar PV System from over 100 pieces of Polycrystalline PV Modules installed on the building crown. The system will be able to supply electricity to fully or partially power the lower ground floor to the 6th Floor.
“The idea of using renewable energy to power portions of JEG Tower was always intriguing to us and when the opportunity was there, it was a no brainer,” JEG Development Corporation (JDC) COO Marko Sarmiento said. “It is an important milestone for our company since it makes us the first developer in Cebu to have a solar roof deck installation on a high-rise office building. It is also consistent with our vision to be innovators in the industry.”
Solar panels reduce a building’s energy costs by harvesting solar energy throughout the lifetime of your solar panels, which can be twenty years or more. JEG Development Corporation has entered a 20-Year Power Purchase Agreement (PPA) with COREnergy for a Zero Cash-Out solar photovoltaics (PV) plant.
In its latest sustainability report, 2020’s Best Green Commercial Development in the Philippines recorded a 23% reduction in electricity consumption through its state-of-the-art variable refrigerant flow (VRF) air conditioning systems, Low-E glass window panels, and usage of LED lighting.
Solar Appreciation Day 2022
Every second Friday of March, the world celebrates Solar Appreciation Day to raise awareness and advocate for one of the most important resources the world relies on. During this day, initiatives to promote solar technology.
JEG Development Corporation joins the commemoration of this environmental initiative. As a LEED Gold certified premium green building, JEG Tower @ One Acacia champions solar energy, as well as the usage of renewable energy in the Philippines.
After a full year in lockdown, Cebu’s office market has faced challenges in leasing and vacancy but still saw a few bright spots from January to March of 2021.
KMC data show that while Cebu IT Park and the Cebu Fringe continue to log increasing vacancies, Cebu Business Park has observed movement and absorption as BPO locators continue to choose the Visayan capital as the center of economic activity and ideal area of expansion outside Luzon.
According to KMC’s 1Q/2021 Office Briefing, both Cebu IT Park (CITP) and the Cebu Fringe continued to lose tenants, greatly contributing to the recorded 19.2% vacancy rate. Meanwhile, there was a recorded contraction of vacancies in the Cebu Business Park after 16,000 sq m of office space was occupied in the quarter.
Rental rates in CITP and the Cebu Fringe are also on a downward trend as landlords keep up with the increase in vacancies in both areas. On the contrary, office spaces within the Cebu Business Park posted a 0.3% higher rental rate. Average office rental rates in the Cebu Central Business District registered at PHP 577.6 per sq m / month, 2.3% lower than the start of the pandemic a year ago.
Around 117,300 sq m of new office supply is expected to be available before the end of the year. As consequent effects of the COVID-19 pandemic are still felt in the country, short-term demand is forecasted to remain muted and minimal as occupiers fare the new normal. There is, however, a slight improvement in various pre-leasing activities in the Cebu CBD, with the opportunity to occupy fresh spaces at current rates.
JEG Tower @ One Acacia is one of the office buildings that are expected to come online in 2021. Being one of the newest premium green buildings and PEZA accredited locations in the Cebu district, the 22-storey tower is expected to uplift the commercial pipeline for local businesses and multinational locators in the Visayan epicenter.
Vaccination of ‘Economic Workers’
As the local government’s vaccination rollout is now open to the A4 priority group (employees reporting to the office), more leasing activity is expected in Cebu City and its business districts in the coming months.
According to the Visayas Vaccination Operations Center (VVOC), a total of 28,661 individuals have already been inoculated with their first dose of the vaccine as of June 10. Of this number, 4,697 have already managed to complete their inoculation schedules.
Mandaue Chamber of Commerce and Industry President Steven Yu said the business community in Cebu is hopeful that the economic revival in the province will come sooner or later as more people are encouraged to get the vaccine.
“As more A4s get vaccinated, they become our role models/ambassadors which convince anti-vaxxers to become pro-vaxxers. As early as a few days ago, we could see a sea wave of change of heart from people, and they are now willing to be vaccinated because more and more of their friends/relatives had been vaccinated,” Yu said. “The future looks bright, and we need to ensure that we will have sufficient quantities of vaccines coming in regularly,” he added.
Get more relevant, in-depth market insights in Cebu’s central business district in the new normal. Reach out to Lorenzo Rodriguez at (+63) 917-852-6884. Send us an email at info@kmcmaggroup.com or reach out to us at (+63) 2-8403-5519 to know more about how you can lease JEG Tower @ One Acacia.
As the world learns to live and work in the new normal, most businesses are faced with the challenge of coming up with a strategy to ease the anxiety that comes with office re-entry. According to Swinburne University survey, only 5 percent of workers want to return to the workplace.
This is in contrast with the notion that more companies recognize the inevitability of the eventual return to a physical space for smoother conduct of business. Certain landlords have taken to heart the need to provide a safer workplace to meet the needs of employees.
Here is a rundown of characteristics to consider when locating to an office space amid the pandemic:
In Cebu, JEG Tower @ One Acacia built with the people in mind, providing workspaces equipped with a state-of-the-art heating, ventilation, and air conditioning (HVAC) system that matches with a filtration layer to reduce the risk of viral transmission. It also keeps the environment conducive for work by allowing for natural light and ensuring the green amenities such as pocket gardens and the green roof are available for use.
JEG Tower @ One Acacia has converted its main entryways to automatic sliding doors to make it contactless. The building also stationed hands-free standing and desk temperature scanners to ensure the fitness of each employee or guest entering the premises.
More importantly, its Destination-Oriented Assignment System elevators do not only manage crowds, boost building security, but also assists in easier tracing or monitoring of foot traffic in the building.
The push for sustainability is a beneficial boost in pursuing occupant safety and health. Before the pandemic, green accredited estates have already been known to be built to the highest of standards to deliver not only the best workplaces but also to ensure environmental and physical health.
In the Philippines, JEG Tower @ One Acacia is given the Leadership in Energy and Environmental Design (LEED) pre-certified Silver accreditation. The premier office and commercial tower is also recognized as the Best Commercial Green Development of 2020 in the 8th PropertyGuru Philippine Property Awards. It is also highly commended in the Best Office Development category.
Beyond disease prevention and health protection, the new normal workplace must now take on a more holistic and integrated approach that takes the work process and hazard prevention into account. This approach allows for the implementation of measures to help promote healthier work environments equipped to cater to its occupants, improve the experience, and go above project standards.
Want the best workplace for your business? Contact Michael Glindro at (+63) 917-584-0443 or send an email to mike.g@kmcmaggroup.com.
Cebu City is an established metropolitan capital of the Philippines in the Visayan region. Over the years, it has emerged as one of the economic centers of the country given its strategic location in the archipelago. As the Queen City of the South urbanized, more and more commercial developments have been catering to the growing demand for office and retail spaces posted by local and international companies expanding in the region.
JEG Tower @ One Acacia is the best place to work in Cebu City. Being recognized as 2020’s Best Green Commercial Development and shortlisted as this year’s Best Office Development, this upcoming Grade A building has the qualities of a great business address and office for your company.
JEG Tower @ One Acacia is located at Archbishop Reyes Ave. corner Acacia St., Cebu City. This strategic location captures the market from its neighboring central business districts, Cebu IT Park and Cebu Business Park. It is also situated along one of the city’s major thoroughfares.
This 22-storey landmark is right in the heart of Cebu City. JEG Tower @ One Acacia is easily located along the main road through its distinct façade and shape. It is near key establishments and amenities such as supermarkets, malls, hotels, and transport hubs.
Premium Green Building
Being the newest premium green building in the Cebu business district, JEG Tower @ One Acacia was designed and constructed using green materials and state-of-the-art technology. These are safeguards to ensure reduced negative environmental impacts and the promotion of its tenants’ health and well-being.
JEG Tower utilizes smart technology in its office, retail, and common spaces to protect its tenants from the threats of the virus. The commercial tower uses MERV-13 air filters and Fresh Air System for optimal indoor air quality. DOAS or Destination Oriented Allocation System Elevators are also one of the world-class green features of JEG Tower as part of its pledge to sustainability and green real estate.
Best place to work in Cebu
JEG Tower @ One Acacia offers office spaces with an open floor layout. This is easily customizable fo companies that would want the flexibility and the option to customize their workspace and reflect their culture through the space. There are also provisions for expansion that support the companies’ room for growth in the long run.
Each unit also has a provision to construct a shower facility. This will be available on the tower’s parking floor for the convenience of the tenants. This feature also serves as a disinfection or sanitation feature within the establishment as an additional safeguard against diseases and other health hazards.
Considering to locate your business in this award-winning green building? JEG Tower @ One Acacia’s showroom is now available for viewing! Contact Lorenzo Rodriguez at(+63) 917-825-6884 or send an email to lorenzo.rodriguez@kmcmaggroup.com.For leasing inquiries and more information, call us at (+63) 2-8403-5519 or send an email to info@kmcmaggroup.com.
Being the center of economic activity in the Visayan Region, Cebu has emerged as the main driver of trade and business outside Luzon and Metro Manila. More than its bustling tourism and hospitality industry, Cebu City’s office and residential portfolio have grown over the years. Many local and multinational companies that are looking to expand their operations nationwide prefer to lease an office located in the Queen City of the South.
Cebu’s central business district is divided into two master-planned estates, namely Cebu Business Park and Cebu IT Park. Both offer a fair share of work, live, and play developments that promote a holistic lifestyle options for employees, students, and families. The Cebu CBD has evolved into a lifestyle destination at the center of the city, successfully integrating commercial, retail, and lifestyle concepts in one central hub.
With numerous options, how can companies choose the best office to lease in Cebu City? Here are some factors that you should consider:
Location
One of the most crucial considerations in finding the best office space for your business is its location. A great business address is easily located and accessible, not only by clients and potential customers, but also by its employees.
An ideal office location should also be near key establishments such as food stores, marketplaces, hospitals, malls, and public transport hubs. Companies can also consider its distance to their competitors or proximity to its partners within the area to make and execute strategic decisions better.
Building
Companies looking for the best office space for lease in Cebu should also consider the building and structure itself. Inquire about the added amenities and facilities that it offers and how they are maintained. An ideal office should be situated in a building that is well-kept and provides the support a business needs in order to grow and expand in the long run.
Another factor to consider is the building’s green and sustainability features. Due to the COVID-19 pandemic, more people have given more importance to their health and well-being, even outside the comforts of their homes.
An ideal office location should be in a building that promotes a holistic approach to its tenants’ wellness. Green buildings are structures that are designed, constructed, and operates to reduce negative impacts on the environment and improve the health and well-being of its occupants.
Workspace
Space is arguably the most vital when choosing the perfect office for your business. Factor in the size of your company and the total amount of space you need to take up in order to function effectively and most efficiently. An ideal office space should also support the possibility of your company’s expansion and growth in the future.
Some businesses also prefer to have their company culture and identity be reflected in their workspace. This should also be one of your most important considerations as many studies prove that the workplace design significantly contributes to the innovation and productivity of the employees and the company itself.
Finding the best office space for your business can be challenging and overwhelming. However, with the right considerations and priorities in mind, choosing the most ideal workplace for your company should boil down to options that reflect your company values and culture, provide for your needs, and support your business goals.
JEG Tower @ One Acacia is the newest office and commercial development in the heart of Cebu City. Named as 2020’s Best Green Commercial Development by the PropertyGuru Awards, the 22-storey LEED Pre-certified building is one of the most ideal office locations in Metro Cebu. It is also shortlisted as the Best Office Development by the same award-giving body.
Complementing sustainability with sophistication, JEG Tower @ One Acacia has invested in top-grade technology to provide the most ideal working environment and become the best workplace in Cebu for local businesses and multinational clients.
Want to locate in this world-class green building? Contact Michael Glindro at (+63) 917-584-0443. For inquiries and more information about JEG Tower @ One Acacia, call us at (+63) 2-8403-5519 or send an email to info@kmcmaggroup.com.
A healthy workplace is an ideal place to work in. According to some research on employee behavior, one of the top three factors that employees look for in a job is a company’s commitment to health and wellbeing of its employees. This is given more emphasis as the world transitions to the new normal, giving a deeper definition to what a healthy workplace should look like.
The World Health Organization (WHO) has recently published a document defining what a healthy workplace should be, post pandemic. A healthy work environment is a balance of occupational health and safety, as well as health promotion efforts and initiatives. While there may be varied qualifications and qualities, the WHO has consolidated its concrete definition:
“A healthy workplace is one in which workers and managers collaborate to use a continual improvement process to protect and promote the health, safety and well-being of workers and the sustainability of the workplace by considering the following, based on identified needs.”
Physical Work Environment
Businesses can provide a healthy workplace by ensuring that the physical work environment is set to the highest industry standards and criteria. An ideal physical work environment ensures that the design and layout of the workplace is optimal for the comfort, productivity, and motivation of its employees.
The US Green Building Council (USGBC) found that potential employees prefer working in an office located in a LEED-certified building, where their health and wellbeing are considered to be top priority. The same study found that workers based in a LEED-certified green building are found to be more satisfied on their job, and that 79 percent of the respondents agree that they would choose a job in a LEED-certified building over a non-LEED building.
Uplifting health and safety in the physical work environment should cover indoor air quality, ventilation, maintained optimal humidity, and industry standard protocol for cleaning and maintenance.
Psychosocial Work Environment
A healthy workplace should go beyond physical modifications and provide greater support to employees to their psychosocial needs. The 2018 Global Talent Trends survey found that one in two employees would like to see a greater focus on well-being at their company especially on the physical, psychological and financial wellness of its employees.
A company’s culture contributes a huge role on the WHO’s definition of a healthy workplace. Programs organized and initiated by a company to promote healthy habits and uplift the general wellbeing of their employees should be holistic—providing focus not just on their physical wellbeing but looking after their mental health as well. One study also raises the issue of psychosocial hazards in the workplace that should be addressed by companies to promote a healthy workplace. These may include organizational culture and the attitudes, values, beliefs and daily practices, that can contribute as stressors to employees.
Community Health and Wellbeing
An ideal and healthy workplace is not bound by physical workstations and office floors, but should encompass communities. Providing a workplace setting that uplifts and prioritizes the overall health and wellness of its employees creates a huge impact on public health and vice versa. As active members of the community, employees who spend the majority of their day working in their offices should be in a work environment that ensures their holistic safety and wellbeing.
Premium green buildings, such as JEG Tower @ One Acacia, invests in the well-being of its building occupiers by addressing health and wellbeing in a holistic approach. By following industry-set standards and optimizing building design and operations, it is one of the most ideal locations to work in Cebu City. JEG Tower puts a premium on their health, while practicing sustainability and energy efficiency.
As the condition of Climate Change continues to worsen, more and more institutions are driving programs and initiatives to help in combatting its effects and minimize harmful impacts on the environment. According to global reports, the world is already at its “tipping point” wherein various activities of modern man have been accelerating the global warming to the extent of changing climate patterns and endangering all forms of life.
Eco Hub, a start-up company based in Cebu City, has successfully launched its product, pencils that can grow back into plants and trees when planted. This innovation is no different from regular pencils, except that its tail end is a “gelatin capsule” that contains plant seeds in place of an eraser.
Eco Hub’s plantable pencils have capsules on the tips containing seeds which can grow into plants and trees
“This gives it a new lease on life. Instead of being thrown away, the plantable pencil becomes a symbol of sustainability,” Eco Hub said on their Facebook page.
A pencil costs Php. 20 each, and it comes in different seed options: tomato, mint, basil, sunflower, carrot, or citronella seeds, among others. The start-up sells other sustainable products such as reusable straws and utensils to further support the cause.
Cebu City Mayor Tomas Osmena has signed a memo banning all single-use plastics in government offices. Food vendors can no longer use plastic bags, straws, cups, containers, and utensils in selling food to employees and visitors. Instead, every government employee and official is encouraged to bring their own reusable containers.
The government officials are pushing this initiative forward as they propose an ordinance prohibiting establishments, particularly groceries and supermarkets to use plastic bags for the next three years. Currently, this rule applies every Wednesdays and Saturdays as provided under Ordinance 2343.
In contrast to the Duterte Administration’s flagship infrastructure program ‘Build, Build, Build’, the region’s Department of Public Works and Highways (DPWH-7) and Department of Environment and Natural Resources (DENR-7) implements a rule to replace every tree that will be affected by the ongoing projects under the program.
The government plans to grow over 3,000 trees to compensate the Build, Build, Build program in Cebu
“This is going to be the first time that DPWH will include as one important component, that is the preservation and conservation of our environment,” DPWH-7 (Central Visayas) Regional Director Edgar Tabacon told the Philippine News Agency (PNA).
In a January 8, 2019 memorandum of agreement signed by both agencies, the DENR-7 undertakes to implement the planting the trees replacing those that will be taken out due to civil works. Tabacon explained that every “planted” tree that will be affected by an infrastructure project will be replaced with 50 trees, while every “naturally-grown” tree will be replaced with 100 trees.
This campaign for change was started online. Abhi Yeole, an Indian national who resides in Cebu has set up a Facebook page called “We Don’t Deserve this Planet” with the goal of encouraging people to tidy their surroundings and take a “before” and “after” photo which they could post on their social media websites.
Yeole told Cebu Daily News that he and his group initially wanted to raise awareness on environmental concerns that are affecting the world today.
“We want to make people aware so that they know what’s the biggest problem today. Then, we ask for action to bring change,” he said.
Yeole said that they have been getting favorable responses from all over the world, as participants of the challenge range from residents of the Philippines, Indonesia, Germany, India, and Thailand among others.
Being the second most populated urban area of the Philippines after Metro Manila, Metro Cebu has been experiencing a massive economic boom the past few years. Since the growth of the IT-BPM industry in the region, the demand for office and retail spaces in the Queen City of the South has also been on the rise. JEG Tower @ One Acacia, the city’s first green building. The 22-story building will offer additional Grade A office spaces in Cebu, without further contributing to the negative impacts of commercial spaces in the city.
JEG Tower @ One Acacia is rising soon, taking Cebu City one step closer to being greener.
JDC, the corporation behind this initiative, specifically designed their first high rise project towards sustainability which made use of environment-friendly materials and would operationalize as energy efficient as possible. The sustainable design of the building does not only benefit the environment but also takes care of the overall well-being of its occupiers.
JEG Tower @ One Acacia is right on schedule. The building nears its top off in the 3rd quarter of 2019 and ready for turnover 1st quarter of 2020. Located at Arch. Reyes Ave. cor. Acacia Street, Cebu City, JEG Tower is set to be an icon among office buildings in the city with its environment-friendly features and sophisticated design. It is very near Ayala Center Cebu, Cebu’s biggest mall complex, as well as some of Cebu’s top hotels and residential condominiums, keeping up to its tagline “Bringing Work to Life.”
JDC, the tower’s developer, partnered with Casas Architects, one of Philippines top architectural firms. Together, they aim to bring out its vision of sustainable buildings and keep up with the global trend on green real estate. JEG Tower @ One Acacia is a Grade A building and a definite future-proof structure in terms of design.
JEG Tower @ One Acacia also aligns with the developer’s advocacy towards the environment by achieving LEED (pre-certified Silver), one of Cebu’s first buildings to achieve such distinction.
The building also has several features to help achieve work-life balance for its tenants. Some of the amenities the building provides is a green rooftop terrace, chapel, shower rooms, and bike racks to promote wellness among its occupiers. The building is designed with the health and well-being of its occupants in mind. The building can also accommodate headquarters, shared service, and BPO office needs.
Currently, the 22-storey building is in its pre-leasing stage for some of its office floors. Available spaces follow typical floor plate of 1,100 square meters which can be subdivided into 9 bare shell units with AC.
JEG Tower @ One Acacia is definitely the office building of choice for all business sectors. Its occupants will surely benefit from the building’s amenities and the environment will also benefit from its sustainable design.
For any leasing inquiries or viewing request, you may contact KMC on +632 403 5519 or email us at jegtower@kmcmaggroup.com.
This is the message that JEG Development Corp. (JDC)’s Chief Operating Officer, Marko Sarmiento wants to communicate when he and his family conceptualized JEG Tower @ One Acacia, Cebu’s first green building to join the growing number of Metro Cebu’s skyline.
“We have always wanted to do things differently. We want to pursue projects that are not only innovative but relevant as well. Our latest project, the JEG Tower, is a testament to that,” Marko told in an interview with Sustar.
Leading towards a Greener Cebu
JEG Tower @ One Acacia, the city’s first green building, is the Garcia-Sarmiento clan’s pledge to a better Cebu. Driven to push forward this initiative to become the new standard, JDC specifically designed this 22-floor tower towards sustainability which made use of environment-friendly materials and would operationalize as energy efficient as possible.
“We’re building a high-end, LEED pre-certified Silver, sustainable office retail building which we’re taking as both a huge risk and opportunity to do something different than anyone else in the game,” Marko said.
The 1,700-square meter tower, which will fully operate by 2020, is the corporation’s first step leading towards a greener Cebu. While the green movement is in full motion in Metro Manila, it remains to be tapped in Metro Cebu.
“Green developments aren’t a standard yet in Cebu, but we want to take the initiative starting with this building,” Marko told the Freeman. “The green movement in the Real estate industry has so much potential, and I think the Cebuanos can benefit from it,” he said.
“I think we came in the right time,” Ayla Gomez, JDC’s Brand Manager adds. “The trend now is towards building offices and residences is geared towards sustainability.”
JDC’s long-standing presence in Cebu molded the family corporation’s vision to give back to the Cebuanos through their business.
“Constructing a green building is much more expensive compared to normal ones,” Marko admits, “but we’re doing this not with the cost in mind.”
“If they are building something, we are doing it the best way possible,” Ayla added.
Work-Life Balance Revolutionized
Hosting additional Grade A office spaces along Archbishop Reyes near the Cebu Business Park, JEG Tower is fit to house BPO companies and corporate offices in the South. The sustainable design of the building does not only benefit the environment but also takes care of the overall well-being of its occupiers.
Contributing not only to the productivity, but also the health and wellness of its tenants, JEG Tower @ One Acacia provides a lot of green spaces, bike racks, and shower rooms for them to use to their advantage. Its key location also prompts occupants of the building to have their dose of exercise needed by walking to work or to take some time off work and visit neighboring leisure establishments. The design also enhances interior space for maximum views and natural lighting to reduce energy costs.
“We’re going to locate our head office at JEG Tower too,” Marko shares, “We will also experience what our tenants will experience.”
By providing a working environment that improves the productivity and well-being of people, JDC continues to transform itself into a relevant and socially responsible real estate firm.
“It isn’t always about the bottom line but more about the greater good,” added Marko. “We just hope more developers do it. It would benefit the whole industry.”
