I just thought that since this project is confirmed and there are movements on-going at its site at the West Superblock of BGC that this deserves its own thread already.. so post away...;)


ALI President's Report (ALI Stockholders Meeting 2008)
http://img511.imageshack.us/img511/1620/bgcws0.jpg


EXPERIENCE a glimpse of the future...
http://i20.photobucket.com/albums/b210/ofngol/2008/101_0394x.jpg

^^ if i remember right, that newspaper supplement did mention something about groundbreaking by 3rd quarter 2008

^^ Very excited and really looking forward to finally seeing the final rendering of the Shang 6 Star Hotel / Residential Tower project (and the PSE building as well). This and the unified Philippine Stock Exchange are the two biggest near term projects to date and together will come on line by 2010. Very exciting projects indeed! BGC continues to boom! :banana: :banana: :banana:

Up-coming projects in BGC
(taken from the FBDC website: http://www.fbdcorp.com):

Fort Bonifacio Development Corporation (FBDC) continues to invigorate the landscape of Bonifacio Global City (BGC) with world-class projects.

After completing various residential and office building projects, FBDC will soon bring to Bonifacio Global City the Shangri-la Hotel and The Mind Museum.

The 6-star Shangri-la Hotel is scheduled to begin construction in 2008 and will be completed by 2010. This luxury hotel will include premium residential, retail, and office spaces.

The Mind Museum, the first state-of-the-art interactive science museum in the country, is envisioned to be a venue where visitors will be fascinated with science. It is also slated to open by 2010.

With these world-class developments and other future projects that will complement the current offerings of Bonifacio Global City, FBDC has truly made Bonifacio Global City a premier central business district and the home of passionate minds.

^^ if i remember right, that newspaper supplement did mention something about groundbreaking by 3rd quarter 2008

well they have already moved the Sundial, they are now clearing the sidewalks of the curved road in the small park.. probably they'll soon close the road as well.. shops in Adidas Sports Kamp has already informed patrons that they're closing... so yeah we'll soon see this place change in the next few months.. great!

architecture by Leandro V. Locsin and Partners, right? :)

I'm excited to see the rendering!

So far there's about 6-7 Hotels in the pipeline in BGC at this point. Aside from Shangri-La, Grand Hyatt (in MetroBank's The Iconic Tower), Discovery/Raintree, Marco Polo, as well as Ayala's 4 star Hotel project, there is of course (if all goes well) Shimao planning to put up 2 Hotels in due time. So Exciting! BGC continues to boom! :banana: :banana: :banana:

I think the Ayala Hotel project is the same as the Shangrila Hotel...

^^ I think it's different projects actually though both will be delivered and have their respective hotels operatinal around the same time (2010). Just that Ayala mentioned they're building a 4 star Hotel and still looking for an operator for it while on the other hand Shangri-La is a 6 star Hotel and will be running it themselves.

How come F1 City Center is not being mentioned? :lol:
They'll probably be the 1st one to open...

I am excited on this project too. I hope something at par with Shangrila Vancouver.

^hopefully better. Shangri-La Vancouver is nice but isnt that great...most of it is residential.

Wala pa ba itong thread?

Sana sa Makati magkaroon din ng hotel, nakakainggit ang BGC :(

^^ oo meron din.. see ayala redevelopment thread ba yun... raffles is one hotel to open in the pipeline..

Before this one I hope they release a more decent rendering for the Raffles/Fairmont in Makati.

sana ilabas na nila final rendering waahhh.

Our next project is Shang's Fort Bonifacio hotel and residential condo.. its an all 3BR condo... high end of all high ends.


^^ Almighty, any inside info as to how many floors will Shang's 6 star hotel / residential condo tower will be? And what is that high-end commercial component of the project they are talking about? Also any idea what the price range of these 3 bedroom condo units will be? Feel free to post what you know/have. Thanks for your help! :) :) :)

^^ Found this in another thread. If such is indeed the case then this Shang 6 star hotel / residential tower project shall definitely be a very tall and ultra highend project indeed! Definitely looking forward to the renderings! :banana: :banana: :banana:

Good News. Just had a chat with the realtor. The proposed Shang plan is to build a single 70 storey 6 star hotel with residential condos on top. All the units will be 3BRs and prices start at P24 Million. They were told that the launch date is June, which is not too far away! The realtor also told me that they have plans to build a Shangri-la Mall featuring top luxury brands in BGC but she doesn't know the exact location. However, it may not be connected to the hotel/condo. It's still all good!

^^ Sounds good, but I'll wait for an official announcement. Don't want to get my hopes up.

There was a question posted by @dunamis in the Fairmont thread and after a little Googling, here is a link I found to answer him:

http://www.ohicc.com/class,Hotel-Star-Rating.php

Organization of Hotel Industry Classification & Certification

OHICC is an international trade body. OHICC represents some 100,000 hotels. The organization also represents, leads and serves the travel information industry in general. It was established to promote a uniform global standard for the hotel industry. Membership is strictly voluntary.

Standards of Hotel Classification

Some countries have an official body with standard criteria for classifying hotels, but in many regions there are none. There have been attempts at unifying the classification system so that it becomes an internationally recognized and reliable standard but large differences exist in the quality of the accommodations within one category of hotel. Competitive marketing of hotel services to foreign customers and tourist professionals have emerged as driving forces for instituting a standardization of local and national hotel classification system.

One Star, Two Star, and Three Star hotels are never claimed and carry a pejorative.

Four Star Hotels
xxxx

Five Star Hotels
xxxxx

Six Star Hotels
Some members of the hospitality industry have claimed a six star rating for their operation. The Crown Macau Casino, on Taipa Island; St. Regis Shanghai Hotel in China; Setai on Miami's South Beach; The Palazzo Versace on the Gold Coast in Australia.

Seven Star Hotels
Although the Burj Al Arab characterizes itself as the world's only "7-Star Hotel", several "7-Star" hotels are under construction.
The Morgan Plaza, Beijing (China)
The Flower of the East, Kish (Iran)
The Centaurus Complex, Islamabad (Pakistan)
The Pentominium, Manila (Philippines)
The Royalties Castle, for Davao City (Philippines)

Establishing a Universal Hotel Rating System

OHICC believes that setting up an international hotel star classification scheme is an impossible task.

Quantitative criteria (room size, construction standards, language proficiency) vary to much from country to country.

Qualitative criteria remain highly subjective. Many on-line travel agencies have establish their own rating systems, providing enhanced, current evaluations.

That said, One Star, Two Star, and Three Star hotels should hold some merit but it would be near impossible to implement because of marketing slate and the subjective nature of the qualitative data. However, for the standardization higher ratings of Four Star, and Five Star is a feasible and the global acceptance of the star rating system should not be discounted.

We believe once a strict bar is raised for Four Star rating, and that all Five Star claims be validated then the rating standards will prove beneficial for all participants.

OHICC official position on Seven Star Hotels and Six Star Hotels is that is a marketing gimmick. For them to have merit they must adhere to exclusivity to a rare collection of excellent hotels. The OHICC steering committee has approved the use of 7-star & 6-star ratings under these rules:

OHICC members will vote on the top Hotels in the World
Nominations maybe submitted from April 2008-October 2008
all nominated hotels must have received travel industry acclaim recently
the top earners will receive the ranking of 5 Star Plus
7-Star Award (limited to 7 Hotels)
6-Star Award (limited to 25 Hotels)

For me base to what i learned and understand during the time na nag-aaral pa ako because im a BSHRM graduate!

Yung rating system is base sa

Numbers of Room
(Exmple: 50-100, 100-150, 150-200 etc.)
Amenities inside the room
(Example: television, telephone, refrigirator, computer,Wifi etc.)
Amenities of the hotel
(Example: pool,casino,spa etc.)
Quality of the contrution materials
(Exmple: granite,gold,silver etc.)
Service
Location
marami pang-iba!

may nabasa akong mga book regarding sa criterial system nung may nireresearch me about sa mga hotel!

Mmm...I wonder if someone can find out from Kuok/Shang group what makes the Shangri-La Hotel in BGC a 6 star as oppose to a 5 star hotel. Shang afterall is a highly respected high-end international hotel chain so someone from the company should be able to competently explain as to how they came up with such a rating and if such rating is indeed internationally recognized by the hotel trade industry or merely/really just for bragging rights. :)

I think the best way to gauge all of this hype about 5,6,7 stars is to ask yourself:

Whats the best city hotel that you have ever entered or stayed at in your life and

I BET IT IS BETTER THAN ANYTHING WE HAVE IN THE PHILIPPINES..

Thats how far below our 5 star hotels compared with the competition.
Given that how can you suddenly jump to 6 or 7 star rating.

A 6 star DEMANDS everything 5 star plus toys to be provided.
Somehow I dont see a fleet of Maybach's or Rolls Royces or Bentleys appearing in Manila.
Providing mercs or jaguars is just standard 5 star.

they might offer personal butlers for their clients.. or at least a personal maid....

Just browsed the bgc webiste. What do you know. The current MC depot and S and R is the new site for a mall called the North City Center. Is this the place for the proposed shangrila mall in bgc?


http://www.fbdcorp.com/image.php?id=323&type=2.1&.gif

saan ba yung dating bgc folder?

i wonder if the two towers shown in the image near the mind museum were actually the PSE and Shangrila.
notice that those 2 highrises are positioned along 3rd Ave. and not along the 5th ave. where the PSE and Shang would supposedly be located.
we can also see from the image that a 3rd tower (along 5th ave.) almost totally hidden/blocked by the tri-axial tower could be
the PSE bldg(?)

at any rate, whichever/wherever those towers may rise, they would absolutely bring excitement and property value appreciation to entire BGC. :)

http://img511.imageshack.us/img511/1620/bgcws0.jpg

saan ba yung dating bgc folder?

^^ Here's the link to the BGC thread Dunamis... :)

http://www.skyscrapercity.com/showthread.php?t=554010&page=38

Muchas gracias!!! I found it. Thanks 3cr.

^^ You're very much Welcome! :)


Let's hope that even just a part of it will indeed be the future site of a Shang Mall and a state of art multi-theater complex! That will be awesome! It will be nice to have an airconditioned mall with ample parking too boot for a change. Just that currently it's more perspiration than inspiration to shop in Boni High Street during the day! Simply too Hot! Hehehe... :lol: :lol: :lol:

Just browsed the bgc webiste. What do you know. The current MC depot and S and R is the new site for a mall called the North City Center. Is this the place for the proposed shangrila mall in bgc?

http://www.fbdcorp.com/image.php?id=323&type=2.1&.gif


_________________________________


5th Ave. will be buzzing with activities once Shang and unified PSE start construction. Add to this that Net grp won the bid for the Big Delta lot. Hopefully the dream of a Trump Tower in BGC will come to fruition and becomes a reality! :okay: :okay:


Property developer to pay P2B for 1.2-ha Fort Boni lot
http://www.gmanews.tv/story/92053/Pr...-Fort-Boni-lot

Office space developer Net Group has offered P2.032 billion for a 1.2-hectare lot in Global City in Fort Bonifacio, state-owned Bases Conversion and Development Authority said Monday.

In a statement, BCDA said its board approved the Net Group's bid to acquire the property through a resolution passed last Tuesday, April 23.

BCDA president Narciso Abaya said the winning bid of P168,889.11 per square meter or P2.032 billion is above the agency's minimum price of P160,000 per sq. meter, or P1.925 billion, for the property formerly known as the Government Center for Investment Lots.

The lot is adjacent to the West Super Block that will house the Philippine Stock Exchange, the six-star Shangri-La Hotel and the high-end residential condominiums of Shangri-La and Ayala Land. It is also along 5th Avenue, across The Fort and is located in E-Square, whose
classification as a special economic zone by the Philippine Economic Zone Authority (PEZA) entitles the developer to PEZA incentives.

The Net Group is a partnership led by businessmen Jacques Dupasquier and Carlos Rufino. The Net Group specializes in developments within the Bonifacio Global City with a 100 percent leased portfolio that includes Net One Center, Net Square, Net Cube, Net Quad and Net Plaza. - GMANews.TV

You're welcome Dunamis.

Hey I wonder if this traffic route advisory posted by TC has anything to do with the future start of construction of Shang and the unified PSE? 5th Avenue will surely be busy with construction activities once they do.

Seems like no one noticed but I saw this announcement (ad) in the Philippine Daily Inquirer yesterday, April 25, 2008 in Section A3:


Bonifacio Global City
Traffic Advisory
Effective 30 April 2008


Traffic Improvement Scheme
McKinley Parkway/Fifth Ave Intersection
Bonifacio Global City, Taguig

This new traffic scheme will ease vehicular traffic at McKinley Parkway/Fifth Avenue intersection, Bonifacio Global City (BGC), Taguig. Traffic flow going in and out of BGC is expected to improve.


From Fort Bonifacio to Makati
- straight thru at McKinley Parkway/Fifth Ave. intersection
- turn right at Rizal Drive
- turn right at McKinley Parkway

From C5 to Fort Bonifacio
- turn right at 24th St.
- turn left at Fifth Ave.

From Makati to EDSA/Kalayaan
- straight thru at McKinley Parkway/Fifth Ave. intersection
- turn left at Seventh Ave.
- turn left at 25th St.
- turn right at Fift Ave.

From EDSA/Kalayaan to McKinley Parkway
- turn left at Rizal Drive
- turn left at McKinley Parkway

For inquiries, please contact (632)816-2372

http://http://business.inquirer.net/...loan-agreement
Shang Properties, Metrobasign P3.5-B loan agreement

Philippine Daily Inquirer
First Posted 18:45:00 04/27/2008


MANILA, Philippines--Upscale property developer Shang Properties Inc. has signed a P3.5-billion loan agreement with Metropolitan Bank & Trust Co. and Bank of the Philippine Islands.

The long-term credit facility arranged for Shang Properties will partially finance its key development projects in Metro Manila. These projects form part of a three-year investment program estimated at P11 billion.

"We are pleased to extend this term loan facility for Shang Properties, one of the country's most reputable developer in the upscale property segment," said Metrobank executive vice president Vicente Cuna Jr.

Shang Properties is the property development arm of the Kuok group, one of Asia's largest and respected diversified conglomerates.

"We take pride in being a partner to Shang Properties as it intensifies its investment activities in the country's burgeoning property sector. And we hope to further expand this relationship over the long term."

Shang Properties owns the 26-hectare property in the Ortigas complex where the Shangri-La Plaza Mall and Edsa Plaza Hotel are situated.

It also holds controlling interest in the Shangri-La Plaza Corp., The Shang Grand Corp. and KSA Realty Corp.

Among the company's new projects include the expansion of the Shangri-La Plaza Mall in the Ortigas complex; the construction of residential condominium towers on top of the mall, and an upscale mixed hotel and residential condominium at the Fort Bonifacio Global City central business district in Taguig City.The group recently acquired from Fort Bonifacio Development Corp. (FBDC) a 15,120-square-meter property at the "West Super Block" of Global City where a high-end mixed used residential apartments and hotel will be constructed.

Doris C. Dumlao

http://http://business.inquirer.net/...loan-agreement
Shang Properties, Metrobasign P3.5-B loan agreement

Philippine Daily Inquirer
First Posted 18:45:00 04/27/2008


...Among the company's new projects include the expansion of the Shangri-La Plaza Mall in the Ortigas complex; the construction of residential condominium towers on top of the mall, and an upscale mixed hotel and residential condominium at the Fort Bonifacio Global City central business district in Taguig City.The group recently acquired from Fort Bonifacio Development Corp. (FBDC) a 15,120-square-meter property at the "West Super Block" of Global City where a high-end mixed used residential apartments and hotel will be constructed.

Doris C. Dumlao




sana unahin na nila yung sa BGC :)

I believe they will prioritize the one in BGC because of the market's bullish sentiment in BGC. I have heard of investors hedging their portfolio by investing in premium grade a quality condos like 8th Forbestown and East Tower in One Serendra.

When Shangrila starts to market its project, I will not be surprised to see it sold out in 3 months or less.

I am very tempted to have a go at this project.

Maghuhukay na daw sila next month along with PSE as per FBDC

Maghuhukay na daw sila next month along with PSE as per FBDC


Hangang ngayon kilo pa rin iba sa location! it is the square shaped lot at the corner of high street (unfinished) and 5th avenue. one big lot for shang the other big lot for pse

shang will have a small very high end mall

and the continuation for the shops at high street will already start as well that way sabay sila with shang and tapos na iyung pedestrian mall

^^ Thanks for the update Bustero. Wow so the high end Shang Mall will be in Boni High Street extension. Hopefully we'll see some renderings soon! :cheers:

hmmm... maghuhukay na sila next month?... hmm... I just saw today na yung Adidas will have their 60% off clearance sale until May 16.... so does it mean the whole Adidas Sports Kamp shall close off a few weeks after that to give way for the construction?

as of today, the Libertad Drive has been scraped off already and they're starting to clear the plants on the then smaller crescent park...

Thanks TC! Looks like this Shang BGC project is definitely a GO. We should see some activities at the site very soon! This Shang 6 Star Hotel / Residential Tower project must really be Super High-End for Kuok agree to do a joint venture on such a high profile project. Good news indeed and hope it is a success! :okay: :okay:

The agreement would give Shang Global City Properties a stake of 40%; Oceans Growth with 40%; and Alphaland with 20%.
----------------------------------------

Deal to transform Global City project into joint venture
BusinessWorld
May 10, 2008
http://www.bworld.com.ph/BW051008/content.php?id=041

Listed property firm Shang Properties, Inc., through its Shang Global City Holdings, has entered into a shareholders’ agreement with two firms to effect a joint ownership in subsidiary Shang Global City Properties, Inc., which is developing a property at the Bonifacio Global City.

In a disclosure, the company said it would be issuing 5,000 common shares to Oceans Growth Ltd. and 2,500 common shares to Alphaland. Oceans Growth Ltd. is a unit of Shangri-la Asia Ltd. and Alphaland Corp.

"Upon completion of the issuance to, and, subscription , Shang Global City Properties shall become a joint venture company," Shang Properties told the exchange.

The agreement would give [b]Shang Global City Properties a stake of 40%; Oceans Growth with 40%; and Alphaland with 20%.

Last December, Shang Global City Properties agreed to acquire a parcel of land with an area of approximately 15,120 square meters in the West Super Block of the Bonifacio Global City in Taguig from Fort Bonifacio Development Corp.

Parent firm Shang Properties earned profits of P944.5 million last year on gross revenues of P3.1 billion, due to higher rental income.

Shang Properties was the result of the merger between listed firms Kuok Philippine Properties and EDSA Properties Holdings, Inc. — L.N.P. Lee

future location...

http://img.photobucket.com/albums/v162/pau_p1/BGC1/DSC07250.jpg

http://i27.tinypic.com/rc7qbm.jpg

I took this pic in January. This street is the one that is in line with High Street. However in the new masterplan, this street will bisect through the Shangri-La and PSEi Office Building superblock. When will they work update the infrastructure to match the masterplan? I'm assuming it will be soon because Shangi-La and Ayala are planning on starting construction this year.

this street will soon be closed and turned into a park or part of the extension of High Street...

^^ Shame cuz that street looks really nice. Hopefully the new avenues will have neatly manicured tree-lined sidewalks like this one.

^^ of course they would manicure the new sidewalks, since ayala is big on landscaping.. i have a gardener friend in one of their project, that person really has a green thumb. he can make anything grow even though its too hot this last summer..

i am just wishing that those trees will be transplanted somewhere, sayang naman if not...

This is one of the main project im really looking forward to see finished.Will give the whole BGC a vital look/feel.

I think this project will do very well. I would really like to own a unit here.

I understand why Shangri La is building another hotel in Manila. I tried to make a booking for a week at the Edsa Shangri La today and they told me it is fully booked, even the suite rooms worth P20,000 a night plus are booked out for more than a week.

If a unit is purchased here i wonder if it would be possible to have some agreement with Shangri La Hotel to have the unit rented out if the hotel was fully booked. I could surely do with P 20,000 a night.

If you buy a unit there pls post some info on the price,size of the unit,etc.
Salamat po!




I think this project will do very well. I would really like to own a unit here.

I understand why Shangri La is building another hotel in Manila. I tried to make a booking for a week at the Edsa Shangri La today and they told me it is fully booked, even the suite rooms worth P20,000 a night plus are booked out for more than a week.

If a unit is purchased here i wonder if it would be possible to have some agreement with Shangri La Hotel to have the unit rented out if the hotel was fully booked. I could surely do with P 20,000 a night.

^^ from what i hear, this Shang residential condo will be in the same league (and price?) as the million dollar condos :colgate:

Thats for sure!

I really cant wait to see this project started and finished.
Its going to be awesome.



^^ from what i hear, this Shang residential condo will be in the same league (and price?) as the million dollar condos :colgate:

we will break ground this July!

unless there is any changes.. i will let you people know..

I would love to provide details for you guys but for now.. the drawings on the floor plans ain't final yet..

one member here mentioned that its going to be around the $1 million dollar range... some units could be.. the bigger 3 Bedrooms on the higher floors might reach that amount.

one member says he thinks this will do well.... i would say the same.. as we get inquiries from potential buyers and brokers who have buyers asking for information..

i will keep everyone posted on this one..

for now, we are pushing to sell out St. Francis Shangri-la... where we only have few units left.

Ang tagal naman, July pa. Ground break now na! :lol:

How about the design of the building? :)

Ang tagal naman, July pa. Ground break now na! :lol:

How about the design of the building? :)

soon my friend.... soon.. when all is final. :cool:

Almighty, what is the nearest structure to Shangrila? Is it The Luxe Residences? Stop flirting with us give it up.

The nearest structures are the Luxe residences , Net cube , Net quad and Net square . For sure super lucky yung may mga units sa The Luxe

I think units in The Luxe Residences are only for lease so no unit owners just building owner/s.

US$1 Million for a 3 bedroom condo unit with a great view of the metro? wow.

Almighty, what is the nearest structure to Shangrila? Is it The Luxe Residences? Stop flirting with us give it up.

am not flirting my friend.. :) i will tell everything once we have the go signal.

nearest structure are the net buildings.. deutsche bank building is the nearest..

what is Luxe Residences? its only now that i have heard of it.

i'm not sure but is this u/c the Luxe?


May 18, 2008
http://i68.photobucket.com/albums/i37/llaurenversion3/urbanity/luxe.jpg

nope., :) i think thats the fort legend?

Hmm... need to check that again with u/c pics posted in the The Luxe Residences (http://www.skyscrapercity.com/showthread.php?t=419964) thread. :)

^^ ah ok, i get it... thanks! they all look the same at this stage :nuts:

Delete

I think someone sounds arrogant. :sly:

I'm absolutely not being arrogant. I'm just surpised, merely expressing my shockness that someone working for Shangri-La Global City is not aware of what its neighboring structures are. Sometimes words/texts can be misinterpreted because unlike talking, you can't sense the tone.

I'm absolutely not being arrogant. I'm just surpised, merely expressing my shockness that someone working for Shangri-La Global City is not aware of what its neighboring structures are. Sometimes words/texts can be misinterpreted because unlike talking, you can't sense the tone.

Mr. Krislev,

You know what, everyday is a brand new day where people learn something. Yes, what you don't know today, you may know tomorrow. When you mentioned Luxe Residences, of course, since it was my first time to have heard of it, i told everyone in this forum that it is my first time.

I apologize for the ignorance, if you do find it ignorant. ( I don't)

I am also sure that everyone would agree with me that this is an information forum and not a bashing board, so i won't start one.

What i promise is to give everyone here info when they are ready and final.

Can you imagine the chaos if i give wrong information about the project?

have a great day everyone.

^^^Keep it up, almightyge888!:okay: We'll wait for your updates on this great project. :D

almighty, sorry if i offended you. was just trying if you would spill some info haha...

the suspense is killing me! haha!

will there be two towers, one for the hotel and one for the residential condo?

@almighty... we're all patiently waiting to be blown away. :)

^^ Reminds me of the Kingdom Hotels of Ayala. Tagal ng walang rendering and even with a website rendering, people are still wanting for more detailed rendering.

OK guys,

just a little bit of information. Again, like i said, it ain't final till the big bosses says its final.

This will be a hotel and residential in one building. With the hotel occupying the first 20 plus plus floors then the residential occupies the rest.

it will be around 60 storeys as well

All three bedroom units ( some with Den, but all with balconies) , size ranges from around 230 plus to a little over 310 plus.

We will break ground on July 1st week, but that does not mean we are going to launch on the same day. If you guys recall, for St. Francis Shangri-la, we broke ground January of 2005, but launched in November. Don't worry, it wont take us around 10 months to launch... after ground break, maybe in a month or 2 after ( with emphasis on the word 'Maybe")

again.. not final till the bosses says its final!

when all is final, will post renderings and pics! promise!:)

^^ Sounds much like what Diamant mentioned in his post below. Definitely looking forward to the renderings!

Good News. Just had a chat with the realtor. The proposed Shang plan is to build a single 70 storey 6 star hotel with residential condos on top. All the units will be 3BRs and prices start at P24 Million. They were told that the launch date is June, which is not too far away! The realtor also told me that they have plans to build a Shangri-la Mall featuring top luxury brands in BGC but she doesn't know the exact location. However, it may not be connected to the hotel/condo. It's still all good!

Can't wait for the renderings!

:banana:
excited here. that'd be the first of its kind in the country. i haven't heard of an all-3-BR residential units on top of a 6-star hotel! way to go Shangri La.

well, there's the crown regency which is on top of 5 (or is it 4?) star crown plaza hotel.

but not as luxurious as this one. and not all units are that huge as shang's.

i totally agree. actually, tataya na ako sa lotto para makabili dito. harharhar. this will be the condo to beat in the near future! just hoping we could see the rendering soon! this should be hotter than St Francis!

Hey guys, more info from the property agent:

Shangri-la's newest project is to be launched this August and might be called
Shangri-la Residences or Living Shangri-la
A 6 star hotel with residential units on the top half of the tower.

UNIT Types at Fort Bonifacio Project, Shang Properties Inc:

Smallest Unit is now at 257sqm 3br with balcony
There is a 300sqm unit and the biggest at around 350sqm

You have your own hallway
When the elevator opens, it is already your unit.

Different entrance and lobby for Hotel and for Residential Units

Reservation fee is 200,000.00 php

65storey tower
2 units per wing
There are 3 wings

Starting price per sqm is around 120,000.00 + 12% VAT

July 3 is our scheduled ground breaking at the Fort.

^^ Wow Nice, very nice! Thanks for the update Diamant! Sounds like a super upscale project and should prove to be an iconic presence in BGC for years to come. I'm really looking forward to this project. Now if we can only get a rendering posted here before we die of excitement... Hehehe... :lol: :lol: :lol:

does that mean that being a 6 star this shang wont be cheap looking like the concrete painted shang makati (the reddish color is uneven) and shang edsa(the white is black/brown)..?

except for a couple of buildings in fort, everything looks cheap because the developers went for painting instead of panel/granite finishes..or worse they showed their stinginess by installing paneling in the first couple of "visible' floors and el cheapo paint after...what a shame that the Fort is not becoming an architectural hub..instead it is merely a collection of buildings WITH LITTLE TO NO RECALL VALUE

grand hamptons looks spectacularly white now but will the association outlay money annually for the cleanup (look at how ugly the dusit thani looks)

as for penhurst /kensington..looking very shabby already....does anyone disagree (these comments should not be viewed as disparaging if they are true)

Guys which is which? Hotel above the residential or residential on top of the hotel? :)


OK guys,

just a little bit of information. Again, like i said, it ain't final till the big bosses says its final.

This will be a hotel and residential in one building. With the hotel occupying the first 20 plus plus floors then the residential occupies the rest.

it will be around 60 storeys as well

All three bedroom units ( some with Den, but all with balconies) , size ranges from around 230 plus to a little over 310 plus.

We will break ground on July 1st week, but that does not mean we are going to launch on the same day. If you guys recall, for St. Francis Shangri-la, we broke ground January of 2005, but launched in November. Don't worry, it wont take us around 10 months to launch... after ground break, maybe in a month or 2 after ( with emphasis on the word 'Maybe")

again.. not final till the bosses says its final!

when all is final, will post renderings and pics! promise!:)


Hey guys, more info from the property agent:

Shangri-la's newest project is to be launched this August and might be called
Shangri-la Residences or Living Shangri-la
A 6 star hotel with residential units on the top half of the tower.

UNIT Types at Fort Bonifacio Project, Shang Properties Inc:

Smallest Unit is now at 257sqm 3br with balcony
There is a 300sqm unit and the biggest at around 350sqm

You have your own hallway
When the elevator opens, it is already your unit.

Different entrance and lobby for Hotel and for Residential Units

Reservation fee is 200,000.00 php

65storey tower
2 units per wing
There are 3 wings

Starting price per sqm is around 120,000.00 + 12% VAT

July 3 is our scheduled ground breaking at the Fort.

ngek if thats really the case then mas mahal pa yata ang Beaufort sa price per sq m. If I had the money I ll take Shang over Beaufort.

Coolness!!!

should be residential on top of the hotel...

Hey guys, more info from the property agent:

Shangri-la's newest project is to be launched this August and might be called
Shangri-la Residences or Living Shangri-la
A 6 star hotel with residential units on the top half of the tower.

UNIT Types at Fort Bonifacio Project, Shang Properties Inc:

Smallest Unit is now at 257sqm 3br with balcony
There is a 300sqm unit and the biggest at around 350sqm

You have your own hallway
When the elevator opens, it is already your unit.

Different entrance and lobby for Hotel and for Residential Units

Reservation fee is 200,000.00 php

65storey tower
2 units per wing
There are 3 wings

Starting price per sqm is around 120,000.00 + 12% VAT

July 3 is our scheduled ground breaking at the Fort.

Sounds like it will look quite close to this early illustration:
http://img511.imageshack.us/img511/1620/bgcws0.jpg

^^ Mmm...if the illustration is accurate then it looks like the Shang project will not be occupying the Adidas Sports Kamp lot then but maybe the PSE instead (the building covered by Shang in the illustration above)...


http://img.photobucket.com/albums/v162/pau_p1/BGC1/DSC07250.jpg

Updated BGC map..
http://www.readyforoccupancy.com/BGC-004.jpg

Property developer to pay P2B for 1.2-ha Fort Boni lot
http://www.gmanews.tv/story/92053/Pr...-Fort-Boni-lot

Office space developer Net Group has offered P2.032 billion for a 1.2-hectare lot in Global City in Fort Bonifacio, state-owned Bases Conversion and Development Authority said Monday.

In a statement, BCDA said its board approved the Net Group's bid to acquire the property through a resolution passed last Tuesday, April 23.

BCDA president Narciso Abaya said the winning bid of P168,889.11 per square meter or P2.032 billion is above the agency's minimum price of P160,000 per sq. meter, or P1.925 billion, for the property formerly known as the Government Center for Investment Lots.

The lot is adjacent to the West Super Block that will house the Philippine Stock Exchange, the six-star Shangri-La Hotel and the high-end residential condominiums of Shangri-La and Ayala Land. It is also along 5th Avenue, across The Fort and is located in E-Square, whose classification as a special economic zone by the Philippine Economic Zone Authority (PEZA) entitles the developer to PEZA incentives.

The Net Group is a partnership led by businessmen Jacques Dupasquier and Carlos Rufino. The Net Group specializes in developments within the Bonifacio Global City with a 100 percent leased portfolio that includes Net One Center, Net Square, Net Cube, Net Quad and Net Plaza. - GMANews.TV


http://img511.imageshack.us/img511/1620/bgcws0.jpg

^^ Mmm...I wonder if one of the buildings in the illustration is going to be the one mentioned as the future Ayala residential condominium in the article above.

just as long as its not a cheap painted concrete building with windows.

Hey guys, more info from the property agent:

Shangri-la's newest project is to be launched this August and might be called
Shangri-la Residences or Living Shangri-la
A 6 star hotel with residential units on the top half of the tower.

UNIT Types at Fort Bonifacio Project, Shang Properties Inc:

Smallest Unit is now at 257sqm 3br with balcony
There is a 300sqm unit and the biggest at around 350sqm

You have your own hallway
When the elevator opens, it is already your unit.

Different entrance and lobby for Hotel and for Residential Units

Reservation fee is 200,000.00 php

65storey tower
2 units per wing
There are 3 wings

Starting price per sqm is around 120,000.00 + 12% VAT

July 3 is our scheduled ground breaking at the Fort.

wow so the cheapest unit is 30M+!

Guys which is which? Hotel above the residential or residential on top of the hotel? :)

based on my understanding of the two posts residential units are on top of the hotel


With the hotel occupying the first 20 plus plus floors then the residential occupies the rest.

A 6 star hotel with residential units on the top half of the tower.

This will sort out the high end buyers. My guess it will most likely be 10 Million deposit and P550,000 a month for 36 months. That is serious cash.

They've started marketing, an email I received. Interesting part is the supposed 65 stories.

Hello!

Shangri-la's newest project might be launched already this August and will either be called
Shangri-la Residences or Living Shangri-la
A 6 star hotel with residential units on the top half of the tower.

UNIT Types at Fort Bonifacio Project, Shang Properties Inc:

Smallest Unit is now at 257sqm 3br with balcony
There is a 300sqm unit and the biggest at around 350sqm

You have your own hallway
When the elevator opens, it is already your unit.

Different entrance and lobby for Hotel and for Residential Units

Reservation fee is 200,000.00 php

65storey tower
2 units per wing
There are 3 wings

Starting price per sqm is estimated to be around 120,000.00 + 12% VAT

July 3 is our scheduled ground breaking at the Fort.

We don't have yet a pricelist for this, nor the floor plans have been released
but there are only more or less 200 units for the entire project so if you're really interested,
we have to register you through a Letter of Intent so you can be included in the Priority list for the launch.

The prices when released, already comes with parking slots

Not all agents in Shang Properties are allowed to sell The Fort condo given the exclusivity of the project, but luckily, I am.

I shall update you once everything has been finalized, because at this stage, everything is still tentative.

Attached here is the LOI which can be signed and sent to us to be included in the priority list for the grand launch.

Should you need anything else please feel free to email me back.

Thank you.

so three wings, so it is going to look like the 3d massing shown above. wow, this would be a good looking builfing for BGC!

hey guys,

the project seems to be generating lots and lots of interest as the days go by.

additional info, not every buyer who has money is assured of a unit, similar to what we do in HK, management will be qualifying the buyers, interviews, etc. This will be good for everyone as there will be character check. =)

have a great weekend everyone!

ito na kaya ang correct location ng super skyscrapers sa west super block?

http://i228.photobucket.com/albums/ee156/aganagutom/shangandPSE-1.jpg?t=1211578292

^^ Maybe so it could very well be going by the illustration... We'll soon find out I guess. :) :) :)

Now im tempted to sell my 256 sqm unit in St Francis

:tongue:Now im tempted to sell my 256 sqm unit in St Francis

me too i will sell my cityland unit! hehe:tongue::tongue::tongue::tongue::tongue::tongue:

Dear Bustero,
Do you have the webiste for the shang-rila residential unit? I am interested in purchasing a unit if I can afford it. Would you mind sending it to me please? Or the contact email of the sales office. regards, lucha

hey guys,

the project seems to be generating lots and lots of interest as the days go by.

additional info, not every buyer who has money is assured of a unit, similar to what we do in HK, management will be qualifying the buyers, interviews, etc. This will be good for everyone as there will be character check. =)

have a great weekend everyone!


hopefully that will assure there won't be a drug lord in the neighborhood :colgate: :okay:

based on my understanding of the two posts residential units are on top of the hotel

Yup yup.

I just thought @diamant said "A 6 star hotel on the top half of the tower " not "A 6 star hotel with residential units on the top half of the tower" so my confusion led me to ask the "Guys which is which" question. Oops. Hehe. :D

^^it's ok it's indeed confusing

Now im tempted to sell my 256 sqm unit in St Francis

sell it! sell it! and get a unit here then SSC can get info straight from the horse's mouth :colgate::banana:

:tongue:

me too i will sell my cityland unit! hehe:tongue::tongue::tongue::tongue::tongue::tongue:

ha ha ang kulit:lol::tongue2::jk:

hey guys,

the project seems to be generating lots and lots of interest as the days go by.

additional info, not every buyer who has money is assured of a unit, similar to what we do in HK, management will be qualifying the buyers, interviews, etc. This will be good for everyone as there will be character check. =)

have a great weekend everyone!

discrimination? so what if someone just win from the lotto will he/she also pass the interview and screening :nocrook:

and like sloaneranger i'm wishing the building will not be a cheap painted concrete finish:)

i wonder how much the assoc dues rate here will be...not that it would be a matter of concern for owners here who have at least 30M in their portfolio...but i'm just curious:colgate:

hopefully that will assure there won't be a drug lord in the neighborhood :colgate: :okay:

That is why we have this character check! :)

we wanna make sure that its a very friendly neighborhood in the building!


admittedly, i am as excited as you guys.

keen and excited on this project.
not about wanting to have a unit in here (budget not permitting:() but on how it will certainly add appeal in the area.
i believe that the appreciaiton of property value in the entire bgc may become overwhelming once the Shangrila Hotel and PSE Tower are completed. :)

can't wait :banana:

With the PSE, Shang, and the Mind Museum in the pipeline soon, this area will definitely change quite a bit by 2010. :okay: :okay:

some pix I took today..

City Center's grid network
http://img.photobucket.com/albums/v162/pau_p1/BGC1/DSC07236.jpg

North Bonifacio buildings
http://img.photobucket.com/albums/v162/pau_p1/BGC1/DSC07240.jpg

Part of Crescent Park West
http://img.photobucket.com/albums/v162/pau_p1/BGC1/DSC07247.jpg

Adidas Sports Kamp and the West Superblock
http://img.photobucket.com/albums/v162/pau_p1/BGC1/DSC07250.jpg

http://img.photobucket.com/albums/v162/pau_p1/BGC1/DSC07239.jpg

keen and excited on this project.
not about wanting to have a unit in here (budget not permitting:() but on how it will certainly add appeal in the area.
i believe that the appreciaiton of property value in the entire bgc may become overwhelming once the Shangrila Hotel and PSE Tower are completed. :)

can't wait :banana:

It's already quite overwhelming, the way it is now. Woo hooo! :banana:

August88boy, kung gusto mo, ibenta na natin ang CPR units natin para makakuha tayo ng kahit kitchen o kaya closet man lang dito. Hehe! :lol:

hmmmm pwede!
kitchen muna ngayon, after two years bedroom, sa 2012 dining room :D
installment :lol: tamang-tama sa 2020 kumpleto na.

That is why we have this character check! :)

we wanna make sure that its a very friendly neighborhood in the building!


admittedly, i am as excited as you guys.
CHARACTER CHECK???
SUCH POMPOUS FAKENESS
1) you are in the business of selling real estate..you do not choose your buyers.
2) the buyers choose whether to buy or ignore your projects..thats why you're called a SALESperson.

3) the high end condos in fort are 60-70% let out and not owner occupied.So I expect similar with the Shang. So who is the character check on? the owner who wont occupy it or the tenant? What right do you have to character check the tenant?

4) businessmen or developers and salespeople only CHARACTER CHECK cash and make sure its not fake

5) since when does a salesperson who relies on commission negate a genuine buyer of dubious character with real cash?

Enough of this PRETENTIOUSNESS. The project will sell on its merit and not on the character check of ownership...

Why dont you ask members of the Polo Club and find out why there is so much petty bickering there despite the need for sponsorship..

You are selling to people who have a spare P30M and they dont need the cheap sales talk of the character check. They have P30M because they have discerned careful investments over a period of time or have inherited money or are unscrupulous lowlifes.Try using the sales pitch to cheaper condos. That will really impress them!

Dear Bustero,
Do you have the webiste for the shang-rila residential unit? I am interested in purchasing a unit if I can afford it. Would you mind sending it to me please? Or the contact email of the sales office. regards, lucha

No website yet, it's not been officially launched. Here's the email of the person who contacted me. Caveat, have only talked to her a couple times before when I looked at St. Francis so don't really know here well.

mara.b.ortega@gmail.com

alternatively it seems that some forumers here e.g. almighty , is somehow associated with this project, he may be a good contact as well.


@sloanesquare

At this point in time I think it's more a marketing gimmick, it's highly unlikely they will be turning anyone away but it has that snobbish appeal that some people like. They actually use this type of marketing in some projects in Asia and even in NY. Depends on their marketing plan.

^^ Sloanesquare, you have a nice point. But it seems that character check simply means exclusivity. And the more exclusive a product or a place is, the more palatable to most Filipinos. :)

In my opinion, Shangri - la will still grab every wallet with 30 M as a change (regardless of the owner's soul). :lol:

Many thanks guys for the info...no problem we are used to this type of interrogation being a coop owner in Manhattan...Coop Board is the worst when it comes to being a snob!! cheers, lucha

^^ Sloanesquare, you have a nice point. But it seems that character check simply means exclusivity. And the more exclusive a product or a place is, the more palatable to most Filipinos. :)

In my opinion, Shangri - la will still grab every wallet with 30 M as a change (regardless of the owner's soul). :lol:

i hate such pretentious expressions that promote eliteness because it perpetuates all that is wrong about this country..eliteness..

as i have written before, what makes The Fort such a unique philippine concept is for the first time in our history we have people living in proximity of each other with real estate values ranging from P2million to P60 million. That can only be a good thing. The ghettoism of them and us doesnt exist until some salespeople start promoting CHARACTER CHECKS.

Originally Posted by diamant26
Hey guys, more info from the property agent:

Shangri-la's newest project is to be launched this August and might be called
Shangri-la Residences or Living Shangri-la
A 6 star hotel with residential units on the top half of the tower.

UNIT Types at Fort Bonifacio Project, Shang Properties Inc:

Smallest Unit is now at 257sqm 3br with balcony
There is a 300sqm unit and the biggest at around 350sqm

You have your own hallway
When the elevator opens, it is already your unit.

Different entrance and lobby for Hotel and for Residential Units

Reservation fee is 200,000.00 php

65storey tower
2 units per wing
There are 3 wings

Starting price per sqm is around 120,000.00 + 12% VAT

July 3 is our scheduled ground breaking at the Fort.

My own hallway? Elevator then my unit? Just like in other countries?

Wow! That's not only exclusivity, eliteness and grandiose, but also elegancy, all in one unit!

"Lord, sana manalo muna kami sa lotto........ Please?!" :) :) :)

hehehehehehehehehehehehehehehe.......

Wah! :lol: :lol: :lol:

I could not believe that my last few post would illicit quite a heated response from some members here.. :ohno:

nevertheless, forgive me sloanesquare, but this is an information board, i am just telling everyone the truth that there will be an interview for buyers here. Just the way they do it in HK.

I hope many would appreciate the info that me and some of my colleagues who are members here are giving.

All i can say, this hotel-residential building we are putting up will stand out not only in design, but in service, in exclusivity, in luxury as well.:cheers:

have a great evening everyone.

very excited na! please keep us updated guys.
Stone's unit in Basic Instinct 2 is just like that. pagbukas ng elevator, loob na ng unit. tapos may sariling pool na rin. not the lap pool of course.

I could not believe that my last few post would illicit quite a heated response from some members here.. :ohno:

nevertheless, forgive me sloanesquare, but this is an information board, i am just telling everyone the truth that there will be an interview for buyers here. Just the way they do it in HK.

I hope many would appreciate the info that me and some of my colleagues who are members here are giving.

All i can say, this hotel-residential building we are putting up will stand out not only in design, but in service, in exclusivity, in luxury as well.:cheers:

have a great evening everyone.

^^ Almighty888, Please don't be discouraged by some of the comments you've read. It's not you but merely the interview process that they are commenting on. Nothing personal there. For me such interview process is well, nothing different from the interview process parents and children go through when enrolling to prestigious schools. Because the space is quite limited, they just want to make sure they pick the most qualified students that match the school's criteria which is what I think Shang is doing as well in this case in selling this very selective number of units in this very prestigious building. I think Shang is just trying to do their due diligence in ensuring that the prospective future unit owners are screened properly to match whatever criteria they have come-up with to minimize possible disharmony among the select and privileged few who will end up unit owners in the building. Such interview process is really nothing new in other places/countries like what you and Lucha said and maybe it's because this interview process is something new here in the Philippines which is causing this hoopla/static so to speak. Any way we are all entitled to our own opinion but I do hope you will continue posting info about the Shang project as well as pics/renderings whenever you can. We are really very excited about the project and certainly very appreciative of your efforts as well! Good luck and more power. Thanks again! :)

I could not believe that my last few post would illicit quite a heated response from some members here.. :ohno:

nevertheless, forgive me sloanesquare, but this is an information board, i am just telling everyone the truth that there will be an interview for buyers here. Just the way they do it in HK.

I hope many would appreciate the info that me and some of my colleagues who are members here are giving.

All i can say, this hotel-residential building we are putting up will stand out not only in design, but in service, in exclusivity, in luxury as well.:cheers:

have a great evening everyone.

Nothing for you to worry guy! If I have the money, I'm willing to go through olympic trial-type of interview just to be part of this exclusive group. Hehe! :lol:

^^ Almighty888, Please don't be discouraged by some of the comments you've read. It's not you but merely the interview process that they are commenting on. Nothing personal there. For me such interview process is well, nothing different from the interview process parents and children go through when enrolling to prestigious schools. Because the space is quite limited, they just want to make sure they pick the most qualified students that match the school's criteria which is what I think Shang is doing as well in this case in selling this very selective number of units in this very prestigious building. I think Shang is just trying to do their due diligence in ensuring that the prospective future unit owners are screened properly to match whatever criteria they have come-up with to minimize possible disharmony among the select and privileged few who will end up unit owners in the building. Such interview process is really nothing new in other places/countries like what you and Lucha said and maybe it's because this interview process is something new here in the Philippines which is causing this hoopla/static so to speak. Any way we are all entitled to our own opinion but I do hope you will continue posting info about the Shang project as well as pics/renderings whenever you can. We are really very excited about the project and certainly very appreciative of your efforts as well! Good luck and more power. Thanks again! :)

thank you for the encouragement 3cr, rest assured we will continue to post details about this project. :)

Nothing for you to worry guy! If I have the money, I'm willing to go through olympic trial-type of interview just to be part of this exclusive group. Hehe! :lol:

Can i join you in the olympic trial interview? :lol:

i ask again: are you interviewing the buyer as well as the buyers future tenants?
whats a typical question in this CHARACTER CHECK.
If you are an army general/trapo with no known inheritance, lotto win , and you can afford to buy a unit, do you pass the character check? Will Shang ban the tenancy of diplomats from Zimbabwe or Myanmar?


IN OTHER WORDS IS THERE SUBSTANCE TO YOUR CHARACTER CHECK or is this just a marketing gimmick more at home with the lower priced condos where flowery adjectives are in abundance just like the description of a cabernet sauvignon bouquet with a strawberry aftertone with hints of honey and lavender....

do you really believe that people who have this much money are persuaded by CHARACTER CHECK gimmicks?

just for fun and to put ridicule to this process I will make an application since I "speak" english well and with the "proper" diction and lilt. I bet that these qualities alone will allow me to pass your precious CHARACTER CHECK.

THAT DOES NOT MAKE ME YOUR TARGETED GOOD HONEST CIVIC MINDED AND CONSCIENTIOUS NEIGHBOUR...

^^ Almighty888, Please don't be discouraged by some of the comments you've read. It's not you but merely the interview process that they are commenting on. Nothing personal there. For me such interview process is well, nothing different from the interview process parents and children go through when enrolling to prestigious schools. Because the space is quite limited, they just want to make sure they pick the most qualified students that match the school's criteria which is what I think Shang is doing as well in this case in selling this very selective number of units in this very prestigious building. I think Shang is just trying to do their due diligence in ensuring that the prospective future unit owners are screened properly to match whatever criteria they have come-up with to minimize possible disharmony among the select and privileged few who will end up unit owners in the building. Such interview process is really nothing new in other places/countries like what you and Lucha said and maybe it's because this interview process is something new here in the Philippines which is causing this hoopla/static so to speak. Any way we are all entitled to our own opinion but I do hope you will continue posting info about the Shang project as well as pics/renderings whenever you can. We are really very excited about the project and certainly very appreciative of your efforts as well! Good luck and more power. Thanks again! :)

yes 3CR. the school screening process has tangible objectives.
Based on report cards, they look for better matched students for the school.

Since demand for places exceeds supply by large proportions, some pretentiously obscene CATHOLIC girls schools ostracise girls whose parents are separated or divorced (as if it were the students fault).

THE SCREENING PURPOSE HAS A REAL OBJECTIVE!

so whats a typical shang question that would give them an insight whether 3CR is worthy of being part of the Shang family?

believe it or not, i really want to know which is why i intend to play a potential buyer. I even admit that if the process has SUBSTANCE (beyond the mere marketing gimmick) it has a purpose. But if the data collated is readily available in HELLO magazine then the character check is a euphemism for grandstanding which cheapens the project.

^^ I do get your point Sloanesquare. It is indeed quite an elitist and snobbish attitude as you pointed out and kinda goes against the grain of the Global City concept of promoting diversity within the area. I really have no clue what Shang's buyer/investor criteria/questions will be for their Fort Boni project but just to share my own experience here in the SanFrancisco BayArea when I bought a condo unit, the developer in leiu of the Homeowner's Committee asked me questions from what my FICO score was to what my annual salary was (submit pay stubs), how long I've had my job, if I was married or single (if married how many chldren), whether I have pets if any, if the unit is for primary residence or investment purposes (rent), etc. They also asked if they can get a background check. I wasn't even asking for in-house financing since I've already been pre-qualified and yet they still asked me all those financial questions. I guess since the HOA board was not yet established, the developer was just looking out and making sure that I can afford not just the purchase price of the unit but also able to handle the ever increasing monthly HOA fees needed to maintain the building. Now regarding the marital status, children and pet(s), I just assumed the HOA manual had rules regarding people to room ratio as well as being a pet free development/project. Believe it or not, some projects are even smoke-free environment (no smokers allowed to buy). Now for the background check I guess that's to check and rule out if I am a child molester, rapist, drug dealer, gangsta, etc. Guess I passed the background check OK and being single with no pets probably made it alot easier for them to qualify me. I would like to think that Shang has the best of intentions though it will indeed be quite interesting to find out what criteria and/or kind of questions Shang has instore for their prospective unit buyers. Now who has P30M and willing to go through Shang's interview process? Anyone? :) :) :)

Yes so all the questions were of a financial nature quite irrelevant to the character check. With the personal side, not much would have been learned of any benefit to the developers since you provided the names of the people to assess you....and nobody gives the local jail warden as the character referee. Thanks 3cr you have confirmed for me that this is a marketing gimmick ..
p.s. im still going to attend the shang interviews!!~!!

^^ Goodluck and don't forget to post/share your findings! :)

Sales and Marketing go hand in hand and with a very competitive realestate market today, Shang has to quite literally differentiate itself from the other high-end super class A residential towers currently being marketed in the country. As you said this character check / interview process could very well be just be a marketing ploy but if this aura/idea of exclusivity and membership which many Filipinos find so alluring does translate into actual sales, then it already has done it's job of getting the units sold regardless of the original intent of the said character check/interview process.

I agree its the exclusive stigma. So in conclusion:

ex President Erap is acceptable because of the Presidency prestige.
ex-convict Erap is not.

mega businessman Mark jimenez is acceptable.
ex-con Jimenez is not.



CNN Richard Quest is acceptable.
Druggie Richard Quest is not.

These are real life potential buyers.Now its no longer so theoretical. I wonder what a salesman would do?

All I am saying is a salesman of Rolls Royce need not talk about the surround sound stereo. Its a given that its quality will be commensurate with RR. As with Shang, they have already invented the 6 Star marketing ploy. so spare us the character check gimmick. We too have some level of sophistication that requires no further embellishment. You dont need to stick a piece of tissue paper in front of the bass speaker to show us how powerful it is when I am a classical music afficionado looking for more sophisticated speakers!

^^ Sloanesquare, with your great command of English and almost Shakespearean lilt, I'm certain that you'll be exempted from all these character check shenanigans. And if I were your salesman, I'd make sure that the most lavish penthouse deserves your presence. :)

Basta ba iimbitahin mo rin ako sa iyong exclusive party. :lol: :lol: :cheers:

^^ Sloanesquare, with your great command of English and almost Shakespearean lilt, I'm certain that you'll be exempted from all these character check shenanigans. And if I were your salesman, I'd make sure that the most lavish penthouse deserves your presence. :)

Basta ba iimbitahin mo rin ako sa iyong exclusive party. :lol: :lol: :cheers:
yung nga ang timpla ng systema...papasukin ako kasi marunong ako mag english...

anong klaseng tsek yan..kung puti ako diretso na ako sa penthouse...express pa.

at tungkol sa exclusive party, baka napaka exclusive itong address at hindi lang sino sino makakapasok ng mga bisita ko..kailangan din sila ng CHARACTER CHECK..baka magalit ang mga kapitbahay unitowners ko na na-character check na....soooory ha

^^Natutuwa ako sa discussion dito... Parang nalabas eh ang project na ito eh mas mataas pa ang security kesa sa CIA offices and buildings kung saan lahat ng tao eh kinilatis mabuti. hahahahaha....Naisip ko lang. Siguro ang welcome lang na bumili eh ung may pera para sa mataas na association fee at maintenance fee ng bawat unit. Cguro parang mga exclusive na mga villages sa US na pati ung kurtina ng bahay eh kontrolado ng associations or developer.

^imagine if you had a character like that late nina of hongkong living in this building and she starts putting curtains with hello kitty prints or blinds painted with disney characters, would you really want to see that??

^imagine if you had a character like that late nina of hongkong living in this building and she starts putting curtains with hello kitty prints or blinds painted with disney characters, would you really want to see that??
that doesnt fall under CHARACTER CHECK. that falls under rules and regs of the condo and using only certain colors as the first layer.no different to rules about drying laundry on the balcony.

^you've read about nina?

What about a KFR leader or an individual with known terrorist connections living in this condo?

A known triad leader in Hongkong was forced out of his condo by his neighbors in the 70s because there were too many suspicious characters entering the building anytime of the day. Police cars were also constantly roving and monitoring the people going in and out of the building until the other tenants couldn't bear these lack of privacy and petitioned the building owner and the HK council to evict him and they were able to successfully do so.

I think a little screening wouldn't be such a bad idea in a high end project such as this.

^you've read about nina?
never seen a photo of her but when she was alive she could buy the whole building and paint it pink...which salesperson would recommend rejecting her in a character check if she had said she wanted to buy 100 units? she may be inappropriate but she can show you the money. in any event, the gimmick has no legal teeth so its a gimmick.

i never thought a character check can hit some nerves:)..kunsabagay kung may 30M ako at na-reject siguro sasama rin loob ko..

@sloansquare

lols, i wasnt commenting about the "character test" but replying to wynngyd's comment about the kurtina.

nina was one loony character--a grandma dressed in cartoon outfits with double ponytail, but me being a skyscraper enthusiast, i give her props for building the nina towers.

speaking of which, i hope shang's gonna have a glass curtain as good as those in nina towers.:cheers:

@sloansquare

lols, i wasnt commenting about the "character test" but replying to wynngyd's comment about the kurtina.

nina was one loony character--a grandma dressed in cartoon outfits with double ponytail, but me being a skyscraper enthusiast, i give her props for building the nina towers.

speaking of which, i hope shang's gonna have a glass curtain as good as those in nina towers.:cheers:

no worries...if its 6 star plus character check you should get the glass curtain. but in reality the character check will be very unintrusive and hence have little substance aside from marketing value (even that is questionable. you just dont do that with high value condos).....its going to be my first ever character check and i think i will rent a driver and a merc.

ito na kaya ang correct location ng super skyscrapers sa west super block?

http://i228.photobucket.com/albums/ee156/aganagutom/shangandPSE-1.jpg?t=1211578292


Anybody has the inside scoop on what project will be built on that fenced property in the pic below? Shang project perhaps?

http://img.photobucket.com/albums/v162/pau_p1/BGC1/DSC07238.jpg

^^ actually that fenced lot used to be a staging area for Net Cube and Quad.. they have just cleared that fenced lot... possible to give way for Shang... Thanks for the update Pau. Guess we'll find out soon enough. :)

Boe, ano ba yung Ayala condo na itatayo across the Shang and beside the PSE ? Never heard of it ?

Boe, ano ba yung Ayala condo na itatayo across the Shang and beside the PSE ? Never heard of it ?

^^ Hi Robert. Actually we have little to no info on that supposed Ayala condo other than what was mentioned in the article below. In the Ayala presentation below there's also a rendering of a building on the right hand side (which ain't the PSE) that could possibly be that mystery Ayala condo. All this is unofficial of course so take it as hearsay for now until more info is announced. Hope this helps. :)



Property developer to pay P2B for 1.2-ha Fort Boni lot
http://www.gmanews.tv/story/92053/Pr...-Fort-Boni-lot

Office space developer Net Group has offered P2.032 billion for a 1.2-hectare lot in Global City in Fort Bonifacio, state-owned Bases Conversion and Development Authority said Monday.

In a statement, BCDA said its board approved the Net Group's bid to acquire the property through a resolution passed last Tuesday, April 23.

BCDA president Narciso Abaya said the winning bid of P168,889.11 per square meter or P2.032 billion is above the agency's minimum price of P160,000 per sq. meter, or P1.925 billion, for the property formerly known as the Government Center for Investment Lots.

The lot is adjacent to the West Super Block that will house the Philippine Stock Exchange, the six-star Shangri-La Hotel and the high-end residential condominiums of Shangri-La and Ayala Land. It is also along 5th Avenue, across The Fort and is located in E-Square, whose classification as a special economic zone by the Philippine Economic Zone Authority (PEZA) entitles the developer to PEZA incentives.

The Net Group is a partnership led by businessmen Jacques Dupasquier and Carlos Rufino. The Net Group specializes in developments within the Bonifacio Global City with a 100 percent leased portfolio that includes Net One Center, Net Square, Net Cube, Net Quad and Net Plaza. - GMANews.TV


http://img511.imageshack.us/img511/1620/bgcws0.jpg

http://business.inquirer.net/money/breakingnews/view/20080531-139913/Shang-Properties-unit-buys-prime-Bonifacio-lot

Shang Properties unit buys prime Bonifacio lot

By Elizabeth Sanchez-Lacson
Philippine Daily Inquirer
05/31/2008

MANILA, Philippines—Shang Global City Properties Inc., a subsidiary of publicly listed Shang Properties Inc., said it had completed the purchase of a 15,120-square-meter lot in the Fort Bonifacio Global City central business district in Taguig City.

Shang Properties is the property development arm of the Kuok group, one of Asia’s biggest conglomerates.

In a disclosure to the stock exchange Friday, Shang Properties, formerly named EDSA Properties Holdings Inc., said its subsidiary bought the property in the so-called West Super Block of Global City from Fort Bonifacio Development Corp.

Fort Bonifacio Development is a joint venture of the Bases Conversion Development Authority (BCDA), which spearheads the master-planning of the Bonifacio Global City, with a joint venture between the Ayala group and the Campos group that controls the local pharmaceutical giant United Laboratories.

Shang Properties corporate secretary Federico Noel Jr. said details of the Fort Bonifacio project were still under study.

Noel only hinted that the project would be a mixed-use development and that final details would be available by end-June.

The West Super Block is at the western end of Ayala Land Inc.’s restaurant and shopping strip known as Bonifacio High Street. It is also beside the Adidas sports camp.

Last April, Shang Properties signed a P3.5-billion loan agreement with Metropolitan Bank and Trust Co. and Bank of the Philippine Islands to help fund key development projects in Metro Manila. These projects form part of a three-year investment program estimated at P11 billion.

Among the company’s new projects are the expansion of the Shangri-La Plaza Mall in the Ortigas Center business district, the construction of residential condominium towers on top of the mall, and an upscale mixed hotel and residential condominium in Fort Bonifacio Global City.

The BCDA earlier said the West Super Block would be the site of a new Philippine Stock Exchange building, a six-star Shangri-La hotel and high-end residential condominiums of Shangri-La and Ayala Land.

Shang Properties has four major subsidiaries: Shangri-La Plaza Corp. (of which it owns 78.72 percent); EDSA Parking Services Inc. (wholly owned); Shang Grand Tower Corp. (wholly owned); and EPHI Logistics Holdings Inc. (60 percent).

Shangri-La Plaza owns and operates the Shangri-La Plaza Shopping Complex in the Ortigas Center, which houses two department stores, cinemas, restaurants, fast-food outlets, boutiques and specialty stores.

EDSA Parking Services owns and operates car parks in the Shangri-La Plaza Shopping Complex.

Shang Grand Tower, a realty development company, built The Shang Grand Tower, a high-rise luxury condominium in the Makati business district. It is also the owner and developer of The St. Francis-A Shangri-La Place, a two-tower, high-rise residential condominium in the Ortigas Center.

^^ Thanks for the post TC. Here you go Robert. Looks like there will indeed be a future Ayala Residential Condo Tower near the Shang project in the West superblock of Boni High Street extension. Very Cool! :cheers:

http://img.photobucket.com/albums/v162/pau_p1/BGC1/DSC07238.jpg

^^ That's the construction staging area for the net quad .. the fenced lot is part of the shagrila hoel /condo project.

^^ Thanks for confirming Ganzo that the location is indeed where the much awaited Shang 6 star Hotel and Residential Tower project will rise. :)

Yehey! Finally we have Shang's location pinned down! That means the unified PSE will then be close to if not where the Adidas Sport Kamp is/was. We can update the BGC map na! :) :) :)

ito na kaya ang correct location ng super skyscrapers sa west super block?

http://i228.photobucket.com/albums/ee156/aganagutom/shangandPSE-1.jpg?t=1211578292

^^ It's sure looking like it Augustboy! :)

Updated BGC map...
Hope this is the right location! Its a great location for both projects! ^^
(If its not the correct location we can always revise it... :lol:)

http://www.readyforoccupancy.com/BGC-004.jpg

^^ Thanks for the updated BGC map Rick! :)

^^ What can I say? Simply overwhelming! :banana:

ang laki ng park sa gitna! it's bigger than Bonifacio High Street's!

Maybe the Ayala condo in the West Super Block in BGC has a hotel and commercial component. Maybe it will compete with Shangrila in amenities and complement its services.

Hard to beat kasi yung location. Imagine you have PSE, Shangrila and Mind Museum as your next door neighbors.

If Ayala says they will make this a superblock, then I'm excited. Because they are not a company who usually hypes. They usually are low key lang with their PR.

So if they say they will make this location a superblock, expect Ayala and FBDC to make it super special.

Of course, Metrobank will think otherwise and build their own version of a superblock with their Iconic complex in North Boni. Rufinos might have ambitions also and partner with Trump to build a Trump tower in Netropolis.

But in the end, there is only one PSE. That makes the West Superblock our very own version of Wall Street.

So this Ayala mixed used building would definitively be iconic to fit the address. Nothing short of an Essensa looking building would give justice to this premier address.

So if they say they will make this location a superblock, expect Ayala and FBDC to make it super special.

Of course, Metrobank will think otherwise and build their own version of a superblock with their Iconic complex in North Boni. Rufinos might have ambitions also and partner with Trump to build a Trump tower in Netropolis.


If that happens, its a win-win situation for all of us.:) We get three amazing projects in one location.

Maybe the Ayala condo in the West Super Block in BGC has a hotel and commercial component. Maybe it will compete with Shangrila in amenities and complement its services.

The hotel, could be, but they're also planning a business hotel right now on the eastern end of City Center. The commercial component is a sure thing as the area is intended to be a retail strip.

http://img.photobucket.com/albums/v162/pau_p1/BGC1/DSC07238.jpg

Allow me to do some window-cleaning job for Net Square where kuya moderator Paul took the pic. :D

http://i20.photobucket.com/albums/b210/ofngol/2008/DSC07238x.jpg

^^ Thanks for the window cleaning Aaron/Thomasian! :)

Hopefully Shang will formally announce soon na! In the meantime thess articles seem to provide more hints that Shang will indeed be rising on that lot.

Shang Property unit buys prime BGC lot
Inquirer Property Guide

Manila, Philippines - Shang Global City Properties Inc., a subsidiary of publicly listed Shang Properties Inc., said it had completed the purchase of a 15,120-square-meter lot in the Fort Bonifacio Global City central business district in Taguig City.

Shang Properties is the property development arm of the Kuok group, one of Asia’s biggest conglomerates.

In a disclosure to the stock exchange Friday, Shang Properties, formerly named EDSA Properties Holdings Inc., said its subsidiary bought from the Fort Bonifacio Development Corp. a property in the so-called West Super Block of Global City. The West Super Block is at the western end of Ayala Land Inc.’s restaurant and shopping strip known as Bonifacio High Street. It is also beside the Adidas sports camp.

The BCDA earlier said the West Super Block would be the site of a new Philippine Stock Exchange building, a six-star Shangri-La hotel and high-end residential condominiums of Shangri-La and Ayala Land.

Fort Bonifacio Development is a joint venture of the Bases Conversion Development Authority (BCDA), which spearheads the master-planning of the Bonifacio Global City, with a joint venture between the Ayala group and the Campos group that controls the local pharmaceutical giant United Laboratories.

Shang Properties corporate secretary Federico Noel Jr. said details of the Fort Bonifacio project were still under study.

Noel only hinted that the project would be a mixed-use development and that final details would be available by end-June.

Last April, Shang Properties signed a P3.5-billion loan agreement with Metropolitan Bank and Trust Co. and Bank of the Philippine Islands to help fund key development projects in Metro Manila. These projects form part of a three-year investment program estimated at P11 billion.

Among the company’s new projects are the expansion of the Shangri-La Plaza Mall in the Ortigas Center business district, the construction of residential condominium towers on top of the mall, and an upscale mixed hotel and residential condominium in Fort Bonifacio Global City.


______________________


Taken from Ayala Land's website under Investor Relation's
http://ir.ayalaland.com.ph/Financial_and_Operating_Highlights/Operating_Highlights/default.aspx

Financial and Operating Highlights

Strategic Landbank Management

In Bonifacio Global City, the 29-storey BGC E-Services Building is under construction and is targeted to be completed in 2010. Plans for a new headquarter office building that will house the Philippine Stock Exchange (PSE) are also being finalized and will commence construction by the end of the year, with a target completion date of 2012. Also in the planning stages are several hotel projects, including the recently announced plans for a 6-star Shangri-La Hotel to be located at the West Superblock, beside the site of the new PSE building.

Indicative price of the residential unit : PhP140k/sqm. I don't know if that's VAT inclusive.

Shang owns another property in front of Pacific Plaza at The Fort. No immediate development plans yet.

^^ But isn't that lot too small for a decent-sized high rise? Either it would be short and massive, or tall but has to be really slim because of the limited FAR.

is that the lot where the Infinity showroom is? yeah.. that's too small for a decent hotel.. i think..

I heard that the jogging path from Fairways Towers to Bonifacio Ridge will be constructed soon. Good news. Saw some people making measurements in the site already.

The price of 140k/sqm is near the selling price of Raffles in Ayala. Raffles selling price is betweeen 140-180k/sqm.

Expensive na. Pero this developments are quality developments already. May premium talaga yung brand na Raffles and Shangrila residences compared to other developments.

http://www.bworldonline.com/BW061908/content.php?id=048

Shang Properties to work on three projects this year

BusinessWorld
June 19, 2008

LISTED SHANG Properties, Inc. is coming up with three major projects this year to strengthen its residential and retail businesses.

In a report to stockholders, President and Chief Executive Officer Juan Andres D. Bautista said they were still finalizing the plans for the project on a 1.5-hectare lot it had bought in Fort Bonifacio Global City together with Shangri-La Asia and Alpha Land Corp.

"Initial plans show that we will have more than 60-story residential buildings there and it will be the first residential complex built on top of a Shangri-La Hotel. We will have the groundbreaking some time in July," he said in an interview.

He added that Shang Properties is in the final stages of executing the next phase of redevelopment of its 8.6-hectare Shangri-La Place in the Ortigas business district.

Mr. Bautista said they might also expand the mall by another 30,000 square meters to enhance their integrated community. The company is also in talks with Shangri-La Asia for a joint venture in Mactan, Cebu.

Yey! next month na ang groundbreaking!!!

they've just fenced of the northwest corner of the West Superblock.. I'm wondering why they only fenced half of the Shang lot... hmmm

anyways.. they've uprooted the trees already on the old small crescent park....

actually the place looked like hit by Frank... with the uprooted trees and the dismantled fixtures of Sports Kamp... hehehe...

Actually, nung dumaan kami sa BGC last sunday, there are so many uprooted trees pero intended for relocation kasi may plastic na nakabalot sa mga roots and then non-existent na ang ibang mga sidewalk kasi giniba

Atty Andy Bautista, during the St Francis topping off celebration, said construction will start next month for this project.

pau_p1, me update ka ba ng pic? the lot looks too small for the project.
the good thing is that th green space/park in the middle will be huge :)
http://img.photobucket.com/albums/v162/pau_p1/BGC1/DSC07238.jpg


the lot area is far smaller than what is shown in this map (and that of the official map from fbgc website)
Updated BGC map...
Hope this is the right location! Its a great location for both projects! ^^
(If its not the correct location we can always revise it... :lol:)

http://www.readyforoccupancy.com/BGC-004.jpg

oh.. that fenced area has already been torn down and refenced... from the second map.. they have fenced up a quarter of the whole block... that is the west side of the Shang lot (facing the Nets)... I don't have my camera with me... but I'll try to post an updated pix tomorrow...

Groundbreaking for the Shangrila Hotel is on July 3 already.

I just came from FBDC's (Fort Boni Devt Corp) briefing this morning and I would say that this particular area will be super! Aside from the hotel, there will also be high-end retail establishments in the area.

This will also be complemented with the extension of Boni High Street (specifically to be extended by 500 meters) - again, to be lined with high-end retail shops also.

^ Might become 5th Avenue of the Philippines!
http://en.wikipedia.org/wiki/Fifth_Avenue_(Manhattan)

Just to give you an idea on the location of the Shangrila Hotel Development and Philippine Stock Exchange (PSE) Building ...

The illustration below was lifted from FBDC's briefing materials.

http://i71.photobucket.com/albums/i143/cynchyap/BGC%202008/blog_062608_Shang_PSE.jpg

The fenced area is the Shangrila development. And just below the fenced area will be the location of the Science Museum (the area where you see 4 rows of trees).

http://i71.photobucket.com/albums/i143/cynchyap/BGC%202008/blog_062608_BGCdevt.jpg

http://img.photobucket.com/albums/v162/pau_p1/DSC07597.jpg

Groundbreaking will be Dec 2008-Jan 2009. Completion date will be on 2012.

Right now, Fort Bonifacio Development Corp (FBDC) is encouraging more office buildings to be constructed within the BGC area. Hopefully, with the PSE's construction, this will trigger more office developments in the area.

http://i71.photobucket.com/albums/i143/cynchyap/BGC%202008/blog_062608_Shang_PSE.jpg

Picture source: From FBDC's briefing materials

The fenced area is the Shangrila development. And just below the fenced area will be the location of the Science Museum (the area where you see 4 rows of trees).

http://i71.photobucket.com/albums/i143/cynchyap/BGC%202008/blog_062608_BGCdevt.jpg

^^ Wow Thank You for the update Cynch! This finally confirms the location of Shang's 6 star hotel and unified Philippine stock exchange. Were any renderings of Shang and/or PSE shared/shown during the briefing? Just wondering... :)

http://businessmirror.com.ph/0627&282008/companies02.html

Shang keeps bullish prospects for sector
Miguel Camus
BusinessMirror
June 27, 2008



... As further proof of their positive market outlook, Bautista said their newest project, a six-star hotel and residences development in Fort Bonifacio will be breaking ground next month with the hotel component to be called Shang at the Fort. No other details can be given about the project, except that it will be completed by 2011...

the conceptual design can be found here: http://www.fortboniconsultancy.com/blog/

yey!!!

Ahh so looks like it's still the same as the one shown in an earlier Ayala slide presentation below...


http://img511.imageshack.us/img511/1620/bgcws0.jpg

http://img440.imageshack.us/img440/8178/zoomshangpsescimusos7.bmp

guys thank you for the renderings! i'm looking at the podium of Shangri-la Hotel. Looks like a mall will indeed be part of the development. and the hotel looks huge, compared with the office towers. we have another 60-storey (at least) u/c by July.

guys thank you for the renderings! i'm looking at the podium of Shangri-la Hotel. Looks like a mall will indeed be part of the development. and the hotel looks huge, compared with the office towers. we have another 60-storey (at least) u/c by July.

Definitely, there will be high-end retail establishments that will line certain areas within the development. There will also be a park which will be incorporated within the development.

This portion of BGC will be really high-end!

i see. thanks for the info ms cynch. :) pero sana hindi lang retail establishments lined like Hi-Street. pero either way, ok na rin naman. re the park, this must be a result of the overall restrictions/guidelines of FBGC to allot greeneries in the midst of the bustling city.

From the render above, it looks like the high-street concept extends all the way to Shangri-La. Which is a good thing, i like the commercial pedestrian street concept.

Nice to see the Shangri-La coming along...quite close to the proposed Grand Hyatt (top 25 floors of the planned 66 stry Federal Tower) nearby, this area will surely be a high-end market oasis...maybe more 5 star hotels Manila/Makati is missing like Ritz-Carlton, Four Seasons, or a JW Marriott will take notice and come in. Along with the renderings of the new PSE headquarters this will be an area definitely to keep our eyes on!! :soon:

Taguig: The Best City for Business
Jun 20, 2008
http://www.taguig.gov.ph/news.php?ID=82

Founded on April 25, 1587, Taguig is one of the country's oldest enclaves. For 400 years, it was a struggling poor man's pueblo. For 100 years. it was nothing more than a proud but indifferent military fortification, first as Fort McKinley and later as Fort Bonifacio since the Great Plebeian's father, Santiago, was born in the town. In the last ten years, the city has undergone a massive transformation.

Today, the village founded originally by some 800 rice threshers in the 16th Century is on the verge of becoming the Philippines' most modern city during the 21st century.

The catalyst for that change came in 1996 with the sale of 150 hectares of prime Fort Bonifacio army reservation.

Proceeds, totaling a whopping P30.4 billion, were realized when chunks of the property were sold at an unheard of P333,283.88 per square meter. It became the Deal of the Century. But the winning bidder, First Pacific, went into rough financial waters, lost 0 million in development cost and was forced to give up Fort Bonifacio.

The giant Ayala Corp., runner-up in the 1996 bidding, bought 54 hectares of fully developed business land for a paltry million. Ayala went on to re-master plan Fort Bonifacio in joint venture with the state Bases Conversion Development Authority.

The result so far has been a sterling development with few of the mistakes made by the Ayala family in developing the 1,000 hectares of Makati into a bustling residential and commercial district. For one thing, there are infinitely more open spaces, through the number of trees (very few), the adequacy of road signs (on a clear day, you will get lost), and the width of the roads (traffic easily builds up) still leave much to be desired.

Still, the World Bank has decreed Taguig the Philippines' most competitive city for doing business, besting 20 other local cities and some of the 178 countries covered in the study. The study was in cooperation with the AIM Management Policy Center and the IFC.

In the WB study, Taguig emerged No. 1 in ease of starting a business. A businessman needs to take only 15 steps, spend 27 days, and 6.9% of his minimum paid-up capital to be open for business. In Davao, you must undergo 23 procedures in 42 days. In Valenzuela, west of Manila, you take 22 steps and 37days. In Manila, it is 15 steps and 52 days.

For construction, it is also easiest in Taguig - 23 steps and 121 days (four months). Compare that with Pasig's 33 procedures and 173 days (almost six months). One major cause of delay is getting an electricity connection - three months in Metro Manila and only five days in Tanauan. Talk about Meralco red tape.

Credit for the revolution in Taguig goes clearly to its mayor. Sigfrido Rodriguez Tiñga, 43. Elected in 2001 by defeating the opponent who had defeated his father Dante Tiñga (now a justice of the Supreme Court) in 1998, Freddie brought to city hall rich expertise and experience in business.

He has a business economic degree from UP (1986) and an MBA from the Univeristy of Oregon (1991). He had worked with SGV (1986-1988) and Citibank (1991-1992) and the First Pacific Fort Bonifacio Development Corp. (1995-1999), rising to the rank of vice president. Then he co-founded and became group managing director of K-2 Interactive, a regional consulting and business solutions and digital design provider. He sold 10% of this company for million.

The first thing Mayor Tiñga did, he relates "is change the mindset of the people." The local government had this "tomorrow habit".

"We were not consumer service-oriented", he recalls. "So I had to tell the people. This is a very competitive world. If we don't improve, we become irrelevant, we will be left behind. We have to do what it takes."

That meant bringing down the cost of doing business in Taguig. "We lowered taxes," Tiñga says. For banks and financial institutions, since two years ago, the tax became just 8% of 1% of top line revenue, less than a third of Makati's 30% of 1%. For manufacturers, the tax is 39% of 1% of sales below P20 million and 25% of 1% of sales above P20 million.

In dealing with city hall, the mayor minimized if not eliminated human interaction. Taxpayers can inquire online. Businessmen can get business and building permit forms online. Tiñga also set up satellite offices so people need not to go to the Taguig City Hall, which is quite a distance and the road is narrow (two lanes) and there is very little parking space. The satellite offices are the Food Terminal, Inc. and at Market! Market! A new city hall will be erected at Fort Bonifacio, 5 kms from the present one.

"As we go online by 2009, we minimize opportunities for graft," points out Tiñga. By end of the year, "we should have wireless broadband for the entire city," he vows. "We will be the first city in the Philippines to go wifi, free at the 56k band."

That won't be a small feat. Taguig is a city of 4,560 hectares, bounded on the west by the cities of Makati and Parañaque, on the east by 7 kms of shoreline of Laguna de Bay, north by Pasig City and Pateros, and south by Muntinlupa City.

Tiñga has adopted three development themes for Taguig - 1. Improve delivery of basic services, 2. More economic opportunities, and 3. People participation.

Basic services is the main business of government. They include education, health, peace and order and public housing.

Theme No. 2 simply means any development must redound to economic benefit of the people. "Any program or project we undertake must benefit the people," explains Tiñga. "If we build a road and it goes nowhere and nobody gets a job, it's a pointless project." "We have to test whether the project or the program actually delivers this benefit."

"For example, you cannot drive away vendors from the sidewalks without providing alternative economic opportunity," notes the mayor. "So we build kiosks for them at places where the vendors should be. That way, you instill discipline."

On the other hand, "if people don't participate in the program, no matter how good it is, it won't succeed."

An example of how business can cooperate with the city government is Tiñga's city card program. The holder of a CityCard is entitled to benefits dispensed by the city government such as health insurance, free access to annual physical checkup at the Taguig-Pateros District Hospital, free funeral service, and discounts for transport fares, medicine purchases, and groceries.

Most important, the CityCard is an employment card. Business firms are encouraged to hire Taguig workers. If they employ outsiders, they must pay P700 per worker per year for the CityCard, which is renewed annually. It is like a foreign worker levy as they do in Singapore,” explains Tiñga. The message to companies is “hire residents of Taguig. And we are doing this because we don’t want to raise taxes.”

This is the application of Theme 3 – participation. The mayor has discarded the previous 70-30 ratio – 70% local and 30% non-Taguig for employment. The CityCard scheme is also a way of controlling in migration. “If you hire 1,000 construction workers who are not from Taguig, tomorrow they are squatters,” explains the mayor.

Indeed, the city already has 30,000 squatter families, 50% more than the number when Tiñga came into office in 2001.

Taguig is probably the Philippines’ fastest-growing city in terms of population gain. In 2000, the population was around 467,000. Today it’s more than 613,000. That’s a 4.46% annual growth – a rate twice the national average.

Mayor Tiñga seems to be populist at heart. He wants to deliver womb-to-tomb services, including a new state-of-the-art 110-bed four-story district hospital, courtesy of St. Luke’s, a new city university, a Taguig Science High School, and mass housing for the poor. Students are provided free notebooks and bags. A-5 ha. city cemetery will be built next to the upscale Heritage Park. Aside from mass housing for the poor, the city’s teachers, firemen, policemen and other professionals will have their housing too.

Government service has been professionalized, income-generating offices have been computerized, and the city hall has been renovated to ensure effective delivery of services.

With efficient tax collection and despite lowered business tax rates, the city government last year surpassed the historic P2-billion revenue mark.

Perhaps, the most notable development is the emergence of Fort Bonifacio as the country’s next business district. Who would have thought that this once idle military camp is now the seat of progress in Taguig?

In the past six years, business has boomed in Fort Bonifacio as various institutions and commercial establishments started moving in to the district such as the Fort Strip, Market! Market!, Serendra, and the Bonifacio High Street.

Fort Bonifacio has also hosted memorable international events such as the concert tours of singing sensations Mariah Carey, Christina Aguilera, and Beyonce Knowles, and Manny Pacquiao’s boxing fight demolition of Thai boxer Fahsan.

As investments pour in, commercial and residential buildings continue to rise in Fort Bonifacio. In fact, the skyline in the district dramatically changes every year, indicating rapid growth and development.

Tiñga is looking forward to making Taguig the country’s first Wifi-enabled city through the Wi-max technology. This project, targeted to be operational by next year, seeks to provide Taguig residents with affordable and efficient voice and data communications via wireless connectivity. Wireless networks will be installed in key areas that will be connected to each home in the city for easy communication access.

In addition to the wireless networks, close circuit televisions (CCTVs) will also be installed on major intersections of Taguig to enable 24-hour monitoring of these areas.

Taguig is likewise working to make city government services available online through the Integrated System Information Software (ISIS). This system will link business establishments directly to the city government, putting together and making available online all government-related transactions.

Meanwhile, in Fort Bonifacio, three foreign embassies – Singapore, British, and Korean – have already scheduled their transfer to the new business district, while the Philippine Stock Exchange will move its unified operations by 2010.

Taguig is also poised to become a top tourism destination with the construction of five luxury hotels with combined 3,000 rooms in Fort Bonifacio. In the next three years, expect Grand Hyatt, soon to be the tallest building in the country, to rise at the center of the district with its 66-story structure that will feature five-star hotel facilities and residential and commercial units.

Other hotel facilities that are confirmed to rise in Fort Bonifacio are Sofitel Pullman, Discovery Suites, Ascott Hotel, and Shangri-La, which will be 63 stories high. A Korean group and even the city government have plans for four-star hotels.

A Civic Center will also be built patterned after development centers in Hong Kong, Singapore and the United States. This mixed-use complex, targeted to be fully operational in the next years, will house hotel facilities, convention centers, and even retail establishments.

Perhaps, the most ambitious Tiñga vision is an international airport in Taguig’s 7-km lakeshore. “It is very near Makati,” he says, “and it can accommodate two runways, not like the present NAIA.

Tiñga has boosted revenue collection. In 2006, the city hit more than P1-billion revenue mark, up from P500 million in the years before 2001.

The higher tax take is the result of an improved and professionalized quality of government service, an intensified campaign, and the opening of four satellites to decentralize delivery of basic services.

Tiñga has successfully placed over 31,093 jobseekers for employment in both local and overseas companies.

More than 740 infrastructure projects have been completed, from upgrading of and building of road networks and bridges for accessibility and mobility; pathways, school buildings, day care centers, basketball courts and multi-purpose halls, playgrounds, drainage systems, rip-rapping of creeks and installation of water supplies.

Mayor Tiñga issued 13,000 health insurance cards for indigent families. Sentro Kalinga is a Mother and Child Care Center, to intensify the campaign to reduce malnutrition and propagate health programs.

Meanwhile, mobile and foot patrol law enforcers are deployed with a 24-hour anti-crime hotline.

Mayor Tiñga has instilled civic duty among Taguig’s and fostered eamwork and foster unity and pride in Taguig. He has also worked out a modus Vivendi with the Cayetano clan led by Senators Pia and Alan Peter Cayetano.

“Forward Taguig” and “Lahat panalo kapag sama-sama tayo” are but two of the slogans that have fired up Tiñga and the rest of the people of his city.

For the long pull, Tiñga hopes to make Taguig truly a global city. “We are going there,” he says confidently.

just saw this render posted around Shang's fence... i think they're having some event at the tent constructed beside the fenced lot...

http://img.photobucket.com/albums/v162/pau_p1/06302008401.jpg

OMG! :) a clear rendering! :) ang ganda! and in fairness, i love the name, shangri-la at the fort., :)

^^So it does look like the conceptual rendering. Nice! Thanks pau_p1!
SOM designed it pala.

seems like may tall tower and a big podium structure sya... siguro para sa mga ballrooms and function rooms yun... I'm looking at the shang website pero wala namang details dun...

sakto lang na napadaan ako dun kanina hehehe.. buti na lang malinaw linaw kuha ko kahit celphone lang yan ehehehhe

^^ nice one, pau!!


does it look like the mall is the short cubic structure right beside it?

just saw this render posted around Shang's fence... i think they're having some event at the tent constructed beside the fenced lot...

http://img.photobucket.com/albums/v162/pau_p1/06302008401.jpg

ahh.. may mall.. ba ito?

^^ if i remember correctly... yup, ganon yung mga write ups - smallish mall lang nga yata

just saw this render posted around Shang's fence... i think they're having some event at the tent constructed beside the fenced lot...

http://img.photobucket.com/albums/v162/pau_p1/06302008401.jpg

Maganda. Kamukha nga nung concept. Thanks. :okay:

Pakikialaman ko lang ng konti yung shot mo ha. Konti lang! :D

http://i20.photobucket.com/albums/b210/ofngol/2008/06302008401x.jpg

Grabe pala talaga yung West Superblock. Together with PSE, it becomes the new iconic towers in BGC when it gets built. This place will become the new in place when it becomes operational.

Thanks @Sinj for changing the thread title. :)

And @pau for the pic below. :)

just saw this render posted around Shang's fence... i think they're having some event at the tent constructed beside the fenced lot...

http://img.photobucket.com/albums/v162/pau_p1/06302008401.jpg

excited about this. so this brings us a total of 4 shangri-la projects.. or am i counting wrong..

Isn't Traders theirs???

Anyway, thanks pau_p1 for the pic!

I counted 60+ floors... o naduduling lang ako

sexy, really sexy.

very very nice....

beautiful!!!!!! :eek:

beautiful design. cladding is quite similar to ORT:) You can tell where the hotel ends and the residences begins.

i counted nearly 70 floors including the podium. good job Pau. thanks for sharing! we have a dozen of very exciting projects this year - either breaking grounds, or topping off!

@ Ryan, ORT is also designed by SOM, am i right? that probably explains the similarity. remember SOM does recycle designs. but not totally with this one, perhaps some details were taken from the ORT design. still something to be excited na naman!!!

I would love to see the cross-sectional view of this tower... and its floor plan/layout.

I would love to see the cross-sectional view of this tower... and its floor plan/layout.

Me also! Will be interesting to see how it compares to Dicovery Primea.

omg this just made my day haha

Thanks to pau_p1 for the pic.

I isolated the render and edited it a little bit.

http://i27.tinypic.com/984ocz.jpg

I like the design, somewhat similar to the Trion Towers in form especially if it's like the conceptual design shown before. But it's somewhat disappointing, I was expecting something more elegant and refined. But I'll wait for more renders/angles to be available.

^^Looks great and smells expensive! Hehe! But in my opinion, St. Francis Shangri-la (Ortigas) has a better building design. :banana:

Wow Shang 's BGC 6 star hotel and residential project tower is beautiful and will surely become one of the iconic structures in BGC! Looking forward to it coming to fruition! Together with the PSE, 5th Avenue is truly starting to look like BGC's version of Makati's Ayala Avenue. :cheers:

Maganda. Kamukha nga nung concept. Thanks. :okay:

Pakikialaman ko lang ng konti yung shot mo ha. Konti lang! :D

http://i20.photobucket.com/albums/b210/ofngol/2008/06302008401x.jpg

could this employ the damped outriger system used by the St Francis Shangri-la Place?

looks ok
does not look tall though , in fact for 60 stories looks short, hope it's not because of the shorter hotel floors
anyway will reserve judgement when it's actually built. hopefully this will not be like St. Francis where the original was very nice looking but little changes through time made it ever so slightly ordinary.

how tall is this kaya? can't wait to post a thread sa world forum! :D

excited about this. so this brings us a total of 4 shangri-la projects.. or am i counting wrong..

In all, actually 6!! Makati Shangri-La, Edsa Shangri-La, Shangri-La Boracay Resort, Shangri-La Mactan Resort, Shangril-La at the Fort and Traders Hotel Manila (Shangri-La operated).....so kewl to see the Kuok Group has so much confidence in the Philippines!!!:banana:

it reminds me of The Peak in Jarkarta. not so stunning though.

@bustero - yes it doesnt look tall at 63 storeys high simply because its floor plate is quite big @ 2200 sqm per floor. modeled in 3d and projected to a height equivalent of 63 storeys for a hotel building (estimate 3.3m floor to floor height)+ variances, the massing came out quite like the render.

Looks very Mod to me. Like Towering Inferno with Steve McQueen, Faye Dunaway and Paul Newman. Kulang na lang may helicopter sa rendering. Hehehe! I trust it would be a nice contrast to the glassiness of the PSE tower. I just hope that the cube would look like the Prada store/building in Tokyo. Or why not A Prada building in the Philippines! Wow! Dream on...

@bustero - yes it doesnt look tall at 63 storeys high simply because its floor plate is quite big @ 2200 sqm per floor. modeled in 3d and projected to a height equivalent of 63 storeys for a hotel building (estimate 3.3m floor to floor height)+ variances, the massing came out quite like the render.

what's your total height estimate up to the tips?

that's 63 floors x 3.3 m/floor = 207.9m + let's say 5m additional for the grand lobby floor
that's a supertall!

^^ Supertalls are generally considered to be 300m+

oppss...sorry for that. at least it surpassed the 200m mark. :)

http://i27.tinypic.com/984ocz.jpg

.


^^ Nice but not so iconic. For a shangrila tower, it's actually below average. Hope they try to upgrade the design for the tower.

let's add another 3 meters for the architectural feature at the top. so that makes it 216 meters! :D

is there anyone here working for Shangri-la company?

Groundbreaking soon! :banana: :banana: More news below:

PGMA to groundbreak $ 250-M Shangri-La at the Fort

MANILA, July 3 (PNA) -- President Gloria Macapagal-Arroyo will groundbreak on Thursday the newest addition to the growing number of world-class hotels under the internationally renowned Shangri-La Hotel chain: the Shangri-La at the Fort, Manila in Taguig City.

To be built at a cost of $ 250 million, the 60-story Shangri-La Hotel will be an architectural marvel at the Fort, former headquarters of the Philippine Army – Fort Bonifacio.

Now known as the Bonifacio Global City (BGC), the new business center has emerged as the top destination of leading local and international companies wishing to invest, expand and do business in the Philippines.

The Shangri-La at the Fort, Manila will house 500 guestrooms and 234 apartments. The new hotel will complement the four existing hotel properties of Shangri-La Asia Limited in the Philippines and the Shangri-la Resort and Spa, Boracay which is scheduled to open late this year.

Guestrooms will range in size from 52 square meters for a standard room to 260 square meters for a “Horizon Club” room, Shangri-La’s exclusive retreat for discerning travelers that offer a host of special amenities and privileges, including a lounge for daily breakfast and cocktails, meeting rooms and express check-in and check-out services. Read more. . . (http://www.positivenewsmedia.net/am2/publish/Business_19/PGMA_to_groundbreak_250-M_Shangri-La_at_the_Fort.shtml)

Groundbreaking soon! :banana: :banana: More news below:

PGMA to groundbreak $ 250-M Shangri-La at the Fort

MANILA, July 3 (PNA) -- President Gloria Macapagal-Arroyo will groundbreak on Thursday the newest addition to the growing number of world-class hotels under the internationally renowned Shangri-La Hotel chain: the Shangri-La at the Fort, Manila in Taguig City.

To be built at a cost of $ 250 million, the 60-story Shangri-La Hotel will be an architectural marvel at the Fort, former headquarters of the Philippine Army – Fort Bonifacio.

Now known as the Bonifacio Global City (BGC), the new business center has emerged as the top destination of leading local and international companies wishing to invest, expand and do business in the Philippines.

The Shangri-La at the Fort, Manila will house 500 guestrooms and 234 apartments. The new hotel will complement the four existing hotel properties of Shangri-La Asia Limited in the Philippines and the Shangri-la Resort and Spa, Boracay which is scheduled to open late this year.

Guestrooms will range in size from 52 square meters for a standard room to 260 square meters for a “Horizon Club” room, Shangri-La’s exclusive retreat for discerning travelers that offer a host of special amenities and privileges, including a lounge for daily breakfast and cocktails, meeting rooms and express check-in and check-out services. Read more. . . (http://www.positivenewsmedia.net/am2/publish/Business_19/PGMA_to_groundbreak_250-M_Shangri-La_at_the_Fort.shtml)

and i will confirm this. Cause i will be there to see the festivities. :cheers:

http://http://www.gmanews.tv/story/104680/Arroyo-to-lead-groundbreaking-of-new-250M-Shangri-La-Hotel

Arroyo to lead groundbreaking of new $250M Shangri-La Hotel
07/02/2008 | 09:55 PM

Email this | Email the Editor | Print | Digg this | Add to del.icio.us MANILA, Philippines - President Gloria Macapagal Arroyo will lead the groundbreaking rites Thursday for a new $250-million Shangri-La Hotel at The Fort in Taguig City in southern Metro Manila.

A Malacañang statement Wednesday said the 60-story Shangri-La Hotel will be an "architectural marvel" at The Fort, the former headquarters of the Philippine Army.

"The Shangri-La at the Fort will house 500 guestrooms and 234 apartments. The new hotel will complement the four existing hotel properties of Shangri-La Asia Limited in the Philippines and the Shangri-la Resort and Spa, Boracay which is scheduled to open late this year," the Palace said.

Eduard Kuok, president and chief executive officer of Shangri-la Asia Ltd., said the construction of the Shangri-la at the Fort is a "demonstration of our firm commitment to the Philippines."

"Our presence and confidence in this market continues to grow with an expanding portfolio of business and leisure properties," he added.

It said guestrooms will range in size from 52 square meters for a standard room to 260 square meters for a "Horizon Club" room, Shangri-La's exclusive retreat for travelers.

The new hotel will also feature over 4,600 square meters of meeting and banqueting facilities, including a grand ballroom, junior ballroom, 11 function rooms, a boardroom, business center, individual teleconferencing room and a 350-square meter high-end outdoor event area.

It is expected to further spur economic activity within and around the Fort and provide jobs and livelihood opportunities to thousands of residents in Metro Manila.

^^ Nice but not so iconic. For a shangrila tower, it's actually below average. Hope they try to upgrade the design for the tower.

i actually think that its facade articulation is quite interesting, compared with the st. francis (if you consider that another shangrila project) - the st francis is really bare and the facade doesnt have much articulation at all.

this one introduces solids and glass as its fenestration device and offers a rhythm of progression towards its top crown. mechanical floors are evident between the lower portion and the top portion, and after this portion the progression of ladderized balcony elements add the excitement of its articulation.

i also dont think that the definition of iconic is understood very well. the architectural world is already saturated with such visual metaphors and eye candy but what matters most really is the spatial experience. and that is what should be valued rather than visual delight but non existent depth and essence.

someone lookin for me? =) working with Shang Properties.

$250,000,000?

WOW this project is even more expensive than the $153M Fairmont/Raffles Manila project!

Thanks for this post. You have articulated what i've been wanting to say but couldn't put into words. All this expectation of something "ICONIC" is becoming absurd. I like the simple elegance of this proposed project. If "iconic" means "overblown drama" then this isn't iconic, but if "iconic" means something simple with a "stately presence," then this would be iconic. Its all in how perceive "iconic" to be. We have to wait for the finished product because the quality of construction and materials used will really determine how good this building will be.





i actually think that its facade articulation is quite interesting, compared with the st. francis (if you consider that another shangrila project) - the st francis is really bare and the facade doesnt have much articulation at all.

this one introduces solids and glass as its fenestration device and offers a rhythm of progression towards its top crown. mechanical floors are evident between the lower portion and the top portion, and after this portion the progression of ladderized balcony elements add the excitement of its articulation.

i also dont think that the definition of iconic is understood very well. the architectural world is already saturated with such visual metaphors and eye candy but what matters most really is the spatial experience. and that is what should be valued rather than visual delight but non existent depth and essence.

i actually think that its facade articulation is quite interesting, compared with the st. francis (if you consider that another shangrila project) - the st francis is really bare and the facade doesnt have much articulation at all.

this one introduces solids and glass as its fenestration device and offers a rhythm of progression towards its top crown. mechanical floors are evident between the lower portion and the top portion, and after this portion the progression of ladderized balcony elements add the excitement of its articulation.


IMO, St. Francis and Shang @ the Fort are targetted for a slightly different market segment as evidenced by the differences in the sizes of unit being offered, the total number of residences (density) and the selling price. They've been designed to match their respective markets and locations. Plus, being designed a few years apart, I guess advancement in design and technology also made the difference. Of course I'm not an architect nor an engineer - that's just my humble opinion.

they're having their groundbreaking ceremonies today at the tent setup on site...daming tao.. and dumating daw si GMA...

and I heard from my officemate who has a cousin in Shang that the first 30 floors will be the Shang Hotel and the upper 30 floors will be condominium units...

PGMA to groundbreak $250-million Shangri-La at the Fort (http://www.pia.gov.ph/default.asp?m=12&r=&y=&mo=&fi=p080703.htm&no=11)

Manila (3 July) -- President Gloria Macapagal-Arroyo will groundbreak today (July 3, 2008) the newest addition to the growing number of world-class hotels under the internationally renowned Shangri-La Hotel chain: the Shangri-La at the Fort, Manila in Taguig City.

To be built at a cost of $250 million, the 60-story Shangri-La Hotel will be an architectural marvel at the Fort, former headquarters of the Philippine Army – Fort Bonifacio.

Now known as the Bonifacio Global City (BGC), the new business center has emerged as the top destination of leading local and international companies wishing to invest, expand and do business in the Philippines.

The Shangri-La at the Fort, Manila will house 500 guestrooms and 234 apartments. The new hotel will complement the four existing hotel properties of Shangri-La Asia Limited in the Philippines and the Shangri-la Resort and Spa, Boracay which is scheduled to open late this year.

Guestrooms will range in size from 52 square meters for a standard room to 260 square meters for a "Horizon Club" room, Shangri-La's exclusive retreat for discerning travelers that offer a host of special amenities and privileges, including a lounge for daily breakfast and cocktails, meeting rooms and express check-in and check-out services.

The hotel will also feature over 4,600 square meters of meeting and banqueting facilities, including a grand ballroom, junior ballroom, 11 function rooms, a boardroom, business center, individual teleconferencing room and a 350-square meter high-end outdoor event area.

Eduard Kuok, president and chief executive officer of Shangri-la Asia Limited, said the construction of the Shangri-la at the Fort is a "demonstration of our firm commitment to the Philippines."

"Our presence and confidence in this market continues to grow with an expanding portfolio of business and leisure properties," he added.

The new hotel is expected to further spur economic activity within and around the Fort and provide jobs and livelihood opportunities to thousands of residents in the National Capital Region (NCR).

someone lookin for me? =) working with Shang Properties.

please quote us the official height! they've divulged St. Francis Towers' height before, I'm pretty sure Shang at the Fort's is not hush hush thing :D

Just got back from the ground break ceremonies!

it was a very well attended event! Our special VIP GUESTs are PGMA, Senators escudero, angara, legarda were there! Danding Conjuangco, Ramong Ang of San Miguel were there as well to promote Food Security for the country going towards the future!

hmmm.. I have an idea, once i have the write up coming from our Marketing people, i will post it here ok? =)

PGMA is very bullish despite the problems hounding the country and the world on inflation, she quoted something like this, "of all the hotels in the country, I consider Shangri-la as the most luxurious of them all."

A very well attended event. I am assuming a 100% success rate for this Project!

6th Shangri-La Group Hotel: A tribute to Arroyo administration (http://positivenewsmedia.net/am2/publish/Business_19/6th_Shangri-La_Group_Hotel_A_tribute_to_Arroyo_administration.shtml)

MANILA, July 4 (PNA) -- The Shangri-La Group of Hotels, which broke ground this morning for its sixth hotel in the Philippines, says this is its “latest demonstration of confidence” in the Arroyo administration.

In his speech during the ceremonial laying of the time capsule for the Shangri-La at The Fort, Shangri-La chair Sir Robert Kuok stressed that the hotel chain’s latest project is “testimony to Shangri-La’s continued confidence in the administration of President Gloria Macapagal-Arroyo.”

Shangri-La is even now building its Boracay Shangri-La Hotel which the President said she hopes to inaugurate come November.

Kuok said he is very much honored to have been allowed the opportunity to develop the stretch along The Fort’s 5th Avenue for the chain’s latest hotel – the first hotel to break ground at the former military camp.

The Shangri-La’s continued investment in the Philippines, he added, “reflects the dynamism of the Philippine economy,” aside from the fact that he had personally experienced the “kindness and generosity in the heart of every Filipino” that he had met so far.

Kuok also gushed about the “beauty of the Philippines islands, and the warmth of its people.”

He vowed to turn the 66-storey, 500-room, 234-apartment complex into an “exciting and favorite” place for local and foreign visitors alike. He also announced that the hotel shall house what will become Manila’s largest ballroom with a floor area of 2,000 square meters.
President Arroyo and Sir Kuok led the ceremonial laying of the golden time capsule that signaled the start of construction of the hotel that the owners had earlier announced during the President’s visit to Hong Kong last March. (PNA)

Here's the link to a bigger picture of Shang at the Fort. I don't have Photoshop here at work so can someone just edit it, please? Thanks.

http://www.shangintranet.com/Guest/Photos/SLIM/SLFBhighres.jpg

great find tyronne. was about to post the same pic. il resize in tinypic and attach the link
meanwhile details from the news clipping with the image
http://i29.tinypic.com/rtdeyu.jpg

architect - SOM
interior designer - Hirsch Bedner Associates

this is a stellar cast

Sana maganda yung actual na pagkagawa, reminds me of a building along ayala ave. basta luma na yun. Para 60's yung architecture dahil sa mga concrete frames (I am assuming those frames are concrete :D)

Thanks for the high-res renders! I've noticed some nice details that I didn't notice in the smaller pictures from the fence. Actually, I noticed something odd before about the curtain wall but I couldn't pinpoint. It seems that the upper half portion of the cladding converges together to make that angled shape. It repeats over the 3 faces (I'm assuming it's 3 like in the conceptual render). I colored the part I'm talking about in Photoshop.

http://i25.tinypic.com/33wxveb.jpg

http://i30.tinypic.com/29oio2s.jpg

imo, this is a very good design compare to all the other high rise being built and proposed in MM.

yes it is. and indeed, it's got a tapering part towards the top. and we haven't seen all the angles yet, at that. let's wait till we see the cross sectional view of this tower!

imo, this is a very good design compare to all the other high rise being built and proposed in MM.

I agree. This building is the most beautiful of the announced projects so far.

It's NICE...Period.

http://businessmirror.com.ph/0704&052008/companies03.html

Shangri-La’s $250-M hotel to rise at Fort Boni
By Honey Madrilejos-Reyes
BusinessMirror
July 4, 2008

SHANGRI-LA Hotel Asia Ltd. said its new project will rise at Bonifacio Global City in Taguig City at a cost of $250 million.

The hotel, Shangri-La said, will be completed in 2012.

In the foundation laying ceremony held Thursday at the project’s site, Shangri-La Asia Ltd. said the hotel will be more than 60-story high with 500 guestrooms and 234 apartments.

Eduard Kuok, president and chief executive officer of Shangri-La Asia, said the construction of the Shangri-La at the Fort is a “demonstration of our firm commitment to the Philippines.”

“Our presence and confidence in this market continue to grow with an expanding portfolio of business and leisure properties,” he said.

The size of the hotel’s guestrooms will range from 52 square meters (sq.m.) for a standard room to 260 sq.m. for a “Horizon Club” room, Shangri-La’s exclusive retreat for travelers.

The new hotel will also feature over 4,600 sq.m. of meeting and banqueting facilities, including a grand ballroom, junior ballroom, 11 function rooms, a boardroom, business center, individual teleconferencing room and a 350-sq.m. high-end outdoor-event area.

The alternate window effect on the façade, I thought it was glass. They just painted the beams gray lang pala for the effect.

thanks sa hi-res pic! looks awesome! probably the best project yet in BGC (still have to see a hi-res pic of Landmark 66 :D)

Post some better pics later

wish it was bigger. hehe. thanks

the scale model looks very different to the rendering

Mod pls delete all the pics of shang the fort i posted here before...Ty

thanks, Grandew09! sorry, got a bit demanding hehe.

jesus, it\'s huge!! :eek:

it's huge but the design looks ordinary.

i don\'t know what you mean by \"ordinary\" but i haven\'t seen any shape like it but the facade/cladding looks quite ordinary though

would this be taller than pacific plaza or the same height?