Exportbank Plaza
Encyclopedia
Exportbank Plaza, formerly known as Urban Bank Plaza, is an office skyscraper
Skyscraper
A skyscraper is a tall, continuously habitable building of many stories, often designed for office and commercial use. There is no official definition or height above which a building may be classified as a skyscraper...

 located in Makati City
Makati City
The City of Makati is one of the 17 cities that make up Metro Manila, one of the most populous metropolitan areas in the world. Makati is the financial center of the Philippines and one of the major financial, commercial and economic hubs in Asia...

, Philippines
Philippines
The Philippines , officially known as the Republic of the Philippines , is a country in Southeast Asia in the western Pacific Ocean. To its north across the Luzon Strait lies Taiwan. West across the South China Sea sits Vietnam...

. It stands at 155.1 metres (509 feet), and is one of the tallest buildings in the country. The building has 36 floors above ground and 1 basement level for parking.

Currently, Exportbank Plaza serves as the headquarters of Export and Industry Bank
Export and Industry Bank
Export and Industry Bank , also known as Exportbank, is a commercial bank in the Philippines. It acquired Urban Bank in 2001 after the former collapsed due to its closure by the Bangko Sentral ng Pilipinas.-Subsidiaries and affiliates:...

 (Exportbank), which acquired the building after purchasing the assets of Urban Bank
Urban Bank
Urban Bank , also known by its initials UBI, was a middle size bank in the Philippines. The bank, along with its two subsidiaries, declared a voluntary bank holiday for failing to meet withdrawals and was consequently closed by the Bangko Sentral ng Pilipinas and put under the mandatory...

 after that bank was shut down by the Bangko Sentral ng Pilipinas
Bangko Sentral ng Pilipinas
The Bangko Sentral ng Pilipinas and commonly abbreviated as BSP is the central bank of the Philippines. It was rechartered on July 3, 1993, pursuant to the provision of the 1987 Philippine Constitution and the New Central Bank Act of 1993...

 in 2000.

Location

The building is located at the corner of Gil Puyat Avenue and Don Chino Roces Avenue in Makati City
Makati City
The City of Makati is one of the 17 cities that make up Metro Manila, one of the most populous metropolitan areas in the world. Makati is the financial center of the Philippines and one of the major financial, commercial and economic hubs in Asia...

, the tower is situated near the entrance of the Makati Central Business District. It is a few blocks walk away from most of Makati's other major office and residential buildings.

Building Details

The 37-storey building consists of an 8-floor Podium with basement, and a 29-storey Office Tower. It has a 3-street frontage (Gil Puyat Avenue, Chino Roces Ave. and Urban Avenue) and was designed to ensure unobstructed panoramic view of the metropolis from all sides, with Makati’s skyline towards the east, and Manila Bay towards the west.

The building also has 7 parking floors for a total of 511 parking slots, or 1 parking space for every 80sqm of office space. 12 high-speed elevators are installed to ensure swift access to all levels.

Each floor has two pressurized fire escape stairways with widths of 1.35 meters, higher than the standard 1.20 meters of comparable structures. Every floor is also equipped with a smoke exhaust louver system which automatically activates in case of fire. Also, the building is also crowned with a helipad.

Transfer of Ownership

It was reported on March 10, 2009 that Exportbank sold its rights and interest on Exportbank Plaza to Arthaland Inc. (formerly known as EIB Realty Developers Inc.) for Php 2.62 Billion (around US$ 54.188 Million).

External links

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