UnionBank Plaza: 5 Things To Know About This 1.9B-Peso Building in Ortigas

Last Updated: September 13th, 2017

UnionBank Plaza as seen from Meralco Avenue

UnionBank Plaza as seen from Meralco Avenue

 

Situated along Meralco Avenue at the corner of Onyx Road, UnionBank Plaza is probably one of the most interesting looking structures in Ortigas Center. With its vertical columns, orange and blue glass facade, and staircase design, this towering skyscraper is arguably one of the most uniquely designed buildings in the country today.

 

1. Originally owned by Andrew Tan’s Megaworld Corporation, it was first named as the World Finance Plaza before it was acquired by Union Properties Inc., the real estate arm of UnionBank. After the acquisition, it was renamed to UnionBank Plaza and currently serves as the bank’s headquarters.

Unionbank is the 9th largest bank in the country (as of Dec 31, 2016) in terms of assets, capital, deposits, and loans. The bank started operations in 1981 as a partnership between the Aboitiz Group, Insular Life, and the Social Security System.

 

2. The building was designed by Philippine-based architectural firm Recio + Casas Architects with American-based architectural firm RTKL Associates serving as design consultants.

RTKL was founded in 1946 before it was acquired by Arcadis NV in 2007. Some of their most notable projects include the Shanghai Science and Technology Museum, Mandarin Oriental in Miami, and the United States Capitol Visitor Center.

Headquartered in Paseo de Roxas in Makati, Recio+Casas Architects worked on several projects which include the One Shangri-la Place 1 & 2, St. Francis Towers 1 & 2, both located in Ortigas Center, and 8 Forbestown Road in Bonifacio Global City.

 

The overlapping vertical columns at the top of the structure

The overlapping vertical columns at the top of the structure

 

UnionBank Plaza: Looking all the way up

UnionBank Plaza: Looking all the way up

 

3. It is one of the tallest buildings in the Philippines standing at a height of 206.04 meters with 49 floors above ground and 6 below. It constantly places among the top 20 tallest buildings in the Philippines.

 

4. The estimated cost for its construction is Php 1.9 Billion.

 

5. UnionBank Plaza is one of the few buildings in Ortigas Center that has its own helipad. It also features an executive skylounge at the 47th floor.

 

Two of the tallest buildings in Ortigas, Marco Polo and UnionBank Plaza

Two of the tallest buildings in Ortigas, Marco Polo and UnionBank Plaza

 

The three vertical columns as seen from Onyx Road

The three vertical columns as seen from Onyx Road

 

 

– The Manila Project

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Sources:

  1. Emporis
  2. Wikipedia
  3. Other news articles

 

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