U.S. Green Building Council Certifies DoubleDragon Plaza at DD Meridian Park as a LEED Gold Building

DoubleDragon (PSE: DD) Plaza at DD Meridian Park received its LEED Gold Certification.

LEED, which stands for Leadership in Energy and Environmental Design, is a green building certification program developed by the U.S. Green Building Council (USGBC) which evaluates environmental performance to provide a definitive standard for green buildings. LEED recognizes best-in-class building strategies and practices. By designing and building to LEED standards, DoubleDragon benefits from a number of value-added incentives such as reduced construction waste, increased recycled content, lower long-term operating costs, efficient water usage, and improved indoor air quality.

“In addition to the newly inaugurated 1,098-panel high efficiency solar installation atop DoubleDragon Plaza, the entire complex uses double-glazed glass windows, LED or natural lighting whenever possible and maintains three outdoor garden decks among other green building features. DoubleDragon Plaza is designed to have a lasting positive impact on its occupants while promoting renewable clean energy. DoubleDragon upholds a strong sense of corporate social responsibility and always endeavors to build sustainable eco-friendly structures that will blend well with the community and remain productive and relevant in the next 100 years,” said DoubleDragon Chairman Edgar “Injap” Sia II.

The first 5 office towers in DD Meridian Park is now 100% leased out and currently hosts over 20,000 employees of its tenants. The tenant employee population is expected to grow to over 50,000 by the end of next year which will further boost the customer base of its retail tenants.

DoubleDragon Plaza at DD Meridian Park is now starting to become a food destination with its wide variety of food selections such as Pho24, Jollibee, Mang Inasal, Chowking, Greenwich, Red Ribbon, Burger King, Islas Pinas, Highlands Coffee, J.Co Donuts, Coffee Bean and Tea Leaf, Clydes Bread & Pastries, Gerry’s Grill, Ramen Kuroda, Ajisen Ramen, Nine One, Go! Salads, Infinitea, Baskin Robbins, Turks, Wok2Go, Sichu Malatang, Wow Cow Hotpot, Romantic Baboy Korean BBQ, Tim Ho Wan, Bowl Master, 7 Eleven, Ministop, Mary Grace, and Osaka Takoyaki. DoubleDragon Plaza also hosts the recently opened first milestone MerryMart Grocery which now provides a great assortment of products to the consumers within the DD Meridian Complex and the neighboring Bay area community.

The Company targets to complete a leasable portfolio of 1.2 Million square meters by 2020 comprising of 700,000 square meters from 100 CityMalls, 300,000 square meters from its Metro Manila office projects DD Meridian Park and Jollibee Tower, 100,000 square meters from the pipeline 5,000 hotel rooms of Hotel 101 and Jinjiang Inn Philippines, and another 100,000 square meters of industrial space from various CentralHub sites across Luzon, Visayas and Mindanao.

DoubleDragon’s four pillars of growth continues to strengthen in provincial retail leasing, office leasing, industrial leasing and hotels which will provide the Company with a diversified source of recurring revenues backed by a string of appreciating hard assets.

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