Eton Centris
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Eton Centris is a development in
Quezon City Quezon City (, ; fil, Lungsod Quezon ), also known as the City of Quezon and Q.C. (read in Filipino as Kyusi), is the most populous city in the Philippines. According to the 2020 census, it has a population of 2,960,048 people. It was fou ...
by
Lucio Tan Lucio Chua Tan Sr. (; born July 17, 1934) is a Filipino business magnate, investor, and philanthropist. He presides over the Filipino conglomerate company LT Group, Inc., a company with extensive business interests in sports, banking, airline ...
's Eton Properties Philippines. Eton Centris is located at the southeast corner of
EDSA Epifanio de los Santos Avenue, commonly referred to by its acronym EDSA, is a limited-access circumferential highway around Manila, the capital city of the Philippines. It passes through 6 of Metro Manila's 17 local government units or citie ...
and
Quezon Avenue Manuel L. Quezon Avenue, more often called as Quezon Avenue, or simply Quezon Ave (pronounced: ''Ke-zon-Av''), is a major thoroughfare in Metro Manila named after President Manuel Luis Quezon, the second president of the Philippines. The a ...
. It is a major component of the
Triangle Park Triangle Park, also known as the Quezon City Central Business District, is a central business district in Quezon City, Philippines. It is organized around five districts namely: Commons, Downtown Hub, Emporium, Residences at Veterans and Tria ...
business district.Eton unveils second mixed-use project in GC
ABS-CBN News
It covers an area of .SM now one of the tenants in Lucio Tan-controlled property firm
GMA News


History

Eton Centris was announced in October 2008 as Eton's second major mixed-use development township project, after the Eton City in
Santa Rosa, Laguna Santa Rosa, officially the City of Santa Rosa ( fil, Lungsod ng Santa Rosa), is a 1st class Cities of the Philippines#Legal classification, component city in the Provinces of the Philippines, province of Laguna (province), Laguna, Philippines. ...
. In total, the development was planned to have seven office buildings and ten high-end residential condominiums. Eton developed Centris Station and Centris Walk simultaneously with two other projects: Eton Corinthian (also in Quezon City) and Green Podium (near De La Salle University); the expected total annual revenue from the three projects was , with a projected 60 to 70% occupancy rate at opening. Eton Centris was originally being developed by Paramount Land Equities, another Lucio Tan-controlled company. In 2009, Eton Properties purchased the Centris development from Paramount in exchange for 1.6 billion newly issued Eton Properties shares. The shares were issued at each, a premium of over the volume-weighted average trading price of the shares in the past three months. In early 2010, as Eton announced income growth of ten times for its first quarter of 2010 vs. 2009, president Danilo Ignacio stated that the company was in the planning stage to open the second BPO office. In September of the same year, Ignacio announced that Eton had begun collecting bids from contractors for the actual construction of the second BPO office.


Major tenants

The , 12-floor Eton Cyberpod Centris office building targets
business process outsourcing Outsourcing is an agreement in which one company hires another company to be responsible for a planned or existing activity which otherwise is or could be carried out internally, i.e. in-house, and sometimes involves transferring employees and ...
companies. Each floor has . The building is listed as an approved IT Center by the
Philippine Economic Zone Authority Philippine Economic Zone Authority (PEZA) is a government agency in the Philippines attached to the Department of Trade and Industry created to help promote investments in the export-oriented manufacturing industry into the country by assisting ...
, making export-oriented companies located therein eligible for temporary
tax holiday A tax holiday is a temporary reduction or elimination of a tax. It is synonymous with tax abatement, tax subsidy or tax reduction. Governments usually create tax holidays as incentives for business investment. Tax relief can be provided in th ...
, permanent reduced rate of
corporate income tax A corporate tax, also called corporation tax or company tax, is a direct tax imposed on the income or capital of corporations or analogous legal entities. Many countries impose such taxes at the national level, and a similar tax may be imposed at ...
, and other incentives.Philippine Economic Zone Authority
IT Parks/Centers
SM Hypermarket was chosen as the anchor store for the complex's mall in October 2008. In September 2009, Indian BPO giant
Wipro Technologies Wipro Limited (formerly, Western India Palm Refined Oils Limited) is an Indian multinational corporation that provides information technology, consulting and business process services. Thierry Delaporte is serving as CEO and managing director ...
announced that it would rent of office space in Eton Cyberpod Centris, with a commitment to expand by another 33%. It was Wipro's second Philippine office after the Cebu Business Park.Indian BPO to put up hub in Quezon City
Philippine Daily Inquirer


References


External links


Eton Centris
official website
Eton Centris project
{{coord missing, Philippines Mixed-use developments in Metro Manila Science parks in Metro Manila Quezon City