SM Prime Holdings, Inc., through its commercial property arm SM Offices, is betting big on the provinces as it opens The Core Tower Three, marking its 15th office development outside Metro Manila and a strategic move to capitalize on the growth of regional business hubs.

Located within the SM City Sta. Rosa complex in Laguna, the newly launched tower is part of a P1.6 billion three-tower development that adds over 27,000 square meters of premium office space to the South Luzon corridor. The project brings SM Offices’ total leasable space to over one million square meters nationwide, with more than 20 percent anchored in key regional cities.

“The Core Towers reflects the growing demand for future-ready office spaces in regional growth centers like Sta. Rosa,” said Alexis Ortiga, Vice President and Head of SM Offices. 

“We are seeing sustained interest from companies looking for scalable locations that combine operational efficiency with strong local talent pools.”

Positioned to attract business process outsourcing (BPO), IT, and professional services firms, the complex is designed to meet the operational demands of mission-critical industries. Tenants are offered 24/7 building management, high-speed telecom infrastructure, and customizable fit-outs – all hallmarks of modern, enterprise-grade offices.

The development taps into Calabarzon’s robust economic performance, a region that contributed 14.7 percent to the country’s GDP in 2024. Its strategic location offers direct access to key transport corridors such as SLEX, CALAX, and the Old National Highway, with the added benefit of mall-level integration – providing tenants with retail, dining, and public transport convenience.

Designed by Architect Albert Yu of ASYA Design Partner, a recognized BCI Asia Top 10 architectural firm, The Core Towers reflects SM Offices’ commitment to pairing form with function. Each tower is backed by full standby power and modern systems to ensure business continuity.

Leasing is already underway, with several firms in operation and more in the pipeline. Early tenants cite workforce access and infrastructure readiness as key to choosing Sta. Rosa as their new base.

According to SM Offices, The Core Towers is projected to create more than 6,000 local jobs through tenant operations and building services, bolstering the city’s emergence as a vital center for employment and innovation in South Luzon.