i like the light that beams up! should be a landmark in makati! any other info about this project please? =)

what is the jaka tower? is it built? U/C? proposed?

jaka tower is on hold sinve the asian crisis, currently it's on the 10-15th floor i beleive

http://img.photobucket.com/albums/v632/bustero/BoonProjectAyalaAve.jpg
A little treat for Xmas. Happy Holidays to all.

:eek2: OMG! Thats gorgous! I love it, very iconic indeed.

@ Wally - Look at the positive thing...this skyscraper will definitely be a Makati landmark.:) And yes, just top off Jaka right now at its current height:D

@ Francis - Yeah, how awful if they shared a wall.

Nice design with all that glass but yeah it deserves a corner lot. BTW is there already a demolition company in the country specializing in building implosions?

^^ For what? Jaka?:lol:

I don't want Jaka to be demolished but I think they should just build it up to a certain height that it does not make the skyline look fugly if this other tall building is built right beside it. Its at the 20th floor actually and according to Emporis, it may actually be starting up again to be completed by 2008.

http://www.emporis.com/files/transfer/6/2004/12/325006.jpg

Base on the rendering, I think if they add just 17 to 20 floors maximum instead of around 32(if I did my floor counting right), it should be okay.

I havent seen that since WSF...and i've been looking all over for it. Thanks for showing it to us again.

Yes, that is Lopez Centre...but i've forgotten if thats the old design or the newer one.

Is the Lopez Centre somewhat related to the Lopezs' of ABS-CBN?

^^yes, very related. :)

^^ For what? Jaka?:lol:
Was I too obvious? :lol: Seriously though that would be a really good business to put up say 10-15 years from now.

Nice design with all that glass but yeah it deserves a corner lot. BTW is there already a demolition company in the country specializing in building implosions?

i was gonna ask that too! those two old buildings between the PBCom tower and Robinsons Summit along Ayala Ave should be demolished. Abu Sayaff can do it for free i think :dunno:

That can become iconic if they make it the tallest among the rest. I dont recommend tearing down jaka though, sayang. they should make this tallest in makati.

jaka is now a piece of junk....

i believe one rockwell is the most exciting cause it's finnally gonna complete the cluster there

i was gonna ask that too! those two old buildings between the PBCom tower and Robinsons Summit along Ayala Ave should be demolished. Abu Sayaff can do it for free i think :dunno:

oh dont give them bad ideas :)

i was gonna ask that too! those two old buildings between the PBCom tower and Robinsons Summit along Ayala Ave should be demolished. Abu Sayaff can do it for free i think :dunno:

Absolutely not!!! Madrigal and that other small building should be designated as heritage buildings or something like that, be renovated and refurbish and left standing for as long as PBCom Tower and Robinson Summit exists. Then a tall building, even perhaps the tallest, should be erected that the Westmont Bank site between those two small buildings. HONESTLY, WTF is this desire to have WALL TO WALL SUPERTALLS FOR MAKATI CITY?????????????? :mad2:

^^ It would have been better if this new iconic building proposal was to be located at the Westmont Bank site...not next to Jaka.:rock:

Unfotrunately it's only ayala ave which has an existing FAR of 16 in makati , no other place right now. If you want to increase your FAR outside of Ayala ave you have to go to city council which is a terribly expensive thing to do. So the planning of Makati really has the center high core along Makati ave then lower along legaspi and salcedo then lowest to the villages. Hence you will get side by side tall structures along Makati ave.

Madrigal Building itself is condominumized so it will be difficult to tear it down as you need to get the consent of the supermajority to do this.

I don't have a problem with side by side tall buildings as long as there is proper setback from the side perimeter and they do not build a 200 meter tall firewall as Jaka was planning to do.

So the Columns in Legaspi Village must have paid some big bucks for them to build something that tall in the area.

Unfotrunately it's only ayala ave which has an existing FAR of 16 in makati , no other place right now. If you want to increase your FAR outside of Ayala ave you have to go to city council which is a terribly expensive thing to do. So the planning of Makati really has the center high core along Makati ave then lower along legaspi and salcedo then lowest to the villages. Hence you will get side by side tall structures along Makati ave.

Madrigal Building itself is condominumized so it will be difficult to tear it down as you need to get the consent of the supermajority to do this.

I don't have a problem with side by side tall buildings as long as there is proper setback from the side perimeter and they do not build a 200 meter tall firewall as Jaka was planning to do.

^^di naman. what a developer does is that nagiipon ipon siya ng FAR even if it's in another lot! Columns 2 is in a pretty big lot and it only goes 40 something . I'm not sure what the floor plate is but assuming it's 1000sq.m. for the two with 40,000 sq.m. of gfa, then pasok sila easily with an FAR of 10 on the lot. Legaspi like Salcedo has been raised to 12 I believe so may extra pa if I'm assuming wrong. Also parking is not included in far computations so it also raises building height if it's above ground.

A little treat for Xmas. Happy Holidays to all.

oh.. have you pulled out the picture?.... too bad I wasn't able to catch it... na-cucurious tuloy ako sa comments ng iba.. hehehe... :bash:

^^ I can still see it. Look at post #205

i can't see it anymore.. just X

yeah its X now... the original post no longer have the picture in it...

^^ It would have been better if this new iconic building proposal was to be located at the Westmont Bank site...not next to Jaka.:rock:

Well, I think a one thousand foot office tower version of the design of this "now defunct project because of Vancouver mayor Sam Sullivan" would be better suited for the Westmont Bank site.... ;)

http://www.emporis.com/files/transfer/6/2002/08/158245.jpg

a lot of projects will be opening this Christmas season..well I think:D How about One Legaspi and Greenbelt Parkplace, is that opened yet? or Manansala? haven't seen a lot of lights from them so perhaps they're still waiting to be unveiled to their owners?

yeah.. but the Shang Grand already have a lot of lights now... has it been turned over already?

^^


i suppose... because turnover of the shang grand and malayan is december.. :D

The Sanctuarium:

12.09.05
http://i23.photobucket.com/albums/b358/thomasian/Photo_120905_001x.jpg

do you guys work in the real estate? LGU? does SSC pay you to post info/articles/updates/pics of any development in the country? or are we all doing this for love of country? out of boredom? plain interest in architecture/planning?

you guys are really into it. Great job!!! :okay:

Mods doesn't get any pay, it's purely volunteer work.. ;)
Although I would accept donations, hehe. :D

do you guys work in the real estate? LGU? does SSC pay you to post info/articles/updates/pics of any development in the country? or are we all doing this for love of country? out of boredom? plain interest in architecture/planning?

you guys are really into it. Great job!!! :okay:

I think all of them.

motivated by tsismis :gossip: :gossip:

Site is already being fenced.

http://i6.photobucket.com/albums/y215/jafhoy/Fort26thStreet.jpg

^do you guys get the number of who to call now

Wow! I can count around 27 floors. Thanks for the spying Coke.

this is probably the office development Ayala mentioned on their November financial report. 12,900 sqm of office space to start by december 2005.

is Fort 26th Street at Crescent Park West an entirely new project? nasa listahan na ba yan natin ng mga projects?

hmmm.... looks like something out of London's Canary Wharf, just a box with glass. Think we'll be seeing a lot of those in BGC's offices, with a couple as the 'mainstage' skyscrapers. Regardless of design thanks for this find :)

this is in the Fort is it not?

yup, right beside net one center.

Forgive my igonrance but can someone explain to me again the meaning of FAR? I'd appreciate it. Thanks

i thought i saw that before but was not able to stop and take a picture.....sounds great! it's a nice looking building..maybe someone please call those numbers and get some more info with renderings =) thanks guys

From what I can recall FAR determines the building's maximum height in a determined block of land.

sorry I can't see anything but what are you guys talking about

er... I think at the moment it's about FAR

uh no , I meant what 26th st. building in the fort are they talking about? net2?

^^ di mo ba makita yung pic ng "Fort 26th Street"??

http://i6.photobucket.com/albums/y215/jafhoy/Fort26thStreet.jpg

hmm.. could it be the host? or maybe he's on another device that supports internet but not photos. but yes.. what coke said Fort 26th Street.. or is it 26th Fort Street:D

Interesting. Not bad, for one of the first office developments in BGC:okay: Glad they are starting to build more offices... Wish they built taller ones though, i hoping a few developers bought a large chunk of land so they can build tall on the strict FAR regulations.

I think its Fort 26th Street, renell.:)

ok I see it now. Thank you fhoy. So this is not net 2 , looks modern but generic. Iwonder who the developer is .

there's something cut off in the bottom... could be the developer's name.

Did some cleaning-up work on Fhoy's pic:

http://i23.photobucket.com/albums/b358/thomasian/Fort26thStreet_2.jpg

BTW, you should create a new thread about this one in the u/c subforum. :okay:

there's something cut off in the bottom... could be the developer's name.

I believe it's CBRE--C.B. Richard Ellis, leasing agents

lol. my camera's fault...wish i have something with wider angle lens :D

nice one for BGC... ey kumusta na yung capital place? walang balita?

Queen Bee Mall, Quezon City: (I'm more interested in the high-rise component though)
http://i23.photobucket.com/albums/b358/thomasian/Queen-Bee-Mall_Quezon-City.jpg

^^ Seems massive. Yeah, im sick of malls opening everywhere...im interested in the highrise. Where did you scan that from, Aaron?

From the latest issue of Archikonst, on their feature about Jose Siao Ling Architects.

Queen Bee Mall, Quezon City: (I'm more interested in the high-rise component though)
http://i23.photobucket.com/albums/b358/thomasian/Queen-Bee-Mall_Quezon-City.jpg

nice looking mall. except for the name. Queen Bee? parang Jollibee :lol: what are those high-rises? hotel? im thinkin' of office spaces :D

Where the hell is this supposed to be built?

I don't know. But maybe you can use your connections to find out. Maybe you know anyone from JLSA - Jose? Siao Ling Architects.

Queen Bee? Mukhang lasing ang nakaisip ng name.

:lol: ndi naman cguro lasing. baka sobrang laki ng significance ng bee sa buhay nya. para unique name na rin cguro. :D

^^ tama si mhean baka nanay ni tony tan , may ari ng jollibee :)

IMR, queen bee and jollibee are related. Queen Bee Resources is the holdings company of Jollibee Foods.. though more research is necessary to substantiate this :)

^^ May Queen bee pa. Whats in Queen Bee?

Queen Bee?

Where will it be built in QC?

Oh yeah, and how about that Greenbelt-like Ayala development still U/C in North Triangle, QC (Edsa cor. North Avenue, near SM North EDSA)? Do any of you guys have info on that?

Also about Greenbelt 5, I think it's on its starting phase. How big will it be?

^^^^ All i can say about North Triangle is that it's really taking shape. The area is large and this center is large. I believe, from my perspective at least, it's a bit bigger than Ayala center. The construction is 24 hours a day thus sleepless nights for me(I live near North Mall, right across EDSA in fact)

there's a U/C in UN Avenue called Mayfair Tower. (?) A part of its facade looks like Jakarta's Wisma 46

Prime condo property
to rise on UN avenue


By Charles E. Buban
Inquirer



UNITED NATIONS AVENUE IN Manila may not be known for high-rise structures but it soon will be once the 33-story condominium project from Anchor Land Holdings Inc. (Alhi) gets under way.

This was announced by Alhi chair Stephen Lee as he led the recent groundbreaking of Mayfair Tower located at the corner of UN Avenue and Mabini Street, Manila.

"Mayfair Tower is a high-rise residential condo that is set to become 'the place to be' in the heart of Manila. It will boast of first-class amenities, a unique oval-shaped upper deck profile and tranquility garden on the 31st floor viewing deck," he revealed.

Advertisement



Lee said Alhi is leading the "condominium-style living" trend in Manila saying such type of living will appeal to those who desire lifestyle options that have low-maintenance, recreational facilities and security.
Mayfair Tower is the second project of Alhi following the recent completion of Lee Tower, a high-rise executive residential condominium in Binondo, Manila.

To harmoniously coexist

According to Lee, the condominium complex was designed to harmoniously co-exist with its environment and provides a combination of amenities not usually found in condominium projects in the country.

Designed by Albert S. Yu and Associates Development Partner (Asya Development Partner), Mayfair Tower will boast of a fitness center, a clubhouse, pool, sunken bar, lounge, wellness center with two saunas and shower rooms, jogging paths, a pond as well as waterfalls for those seeking a place of quietude.

"Among the best features of Mayfair Tower are Sky Terrace, a landscaped area with its own breakfast nook at the roof deck, and the Vista Deck located at the 31st floor, which can accommodate 150 people," said Asya chief architect Albert Yu.

3-level penthouse

Mayfair Tower's penthouse units will also be unique as it will offer three levels filled with luxurious appointments.

The upper level will be a single-bed unit with a large swimming pool while the middle will have a jacuzzi located beside the master's bedroom. The lower level on the other hand, will have two rooms with a common pool.

"Not only that, we have designed Mayfair Tower in such a way its residents will be able to enjoy the surrounding vista," said Yu.

Lee added that interested home buyers may now visit their showroom located at the fifth level of SM Manila. On display are Mayfair Tower's one-bedroom, two-bedroom bi-level, three-bedroom and five-bedroom units.

Alhi, a multinational company with several interests in China as well as other parts of Asia, decided not to presell its units and instead, will fully finance the projects up to its completion.

Link to the Mayfair Tower thread:
http://www.skyscrapercity.com/showthread.php?t=288381&highlight=mayfair

UCPB, Century Property ink P887m deal

By Eileen A. Mencias

United Coconut Planters Bank has signed an P887 million deal with Century Property Group for the development of the bank’s Makati property into a high-rise condominium.

UCPB owns a 1,223-square meter property along H.V. dela Costa valued at P220 million.

Under the agreement, Century Property will develop the land over a five-year period. UCPB will contribute its lot as equity in the project while Century Property will shoulder the development cost estimated at P667 million.

UCPB vice president Christine Carandang said the deal was part of the bank’s strategy to dispose foreclosed assets through outright sale or joint venture agreements with strategic investors.

The deal with the Century Property Group is expected to improve the value of the UCPB’s property and allow the bank to eventually sell it at a higher price.

Since 2004, UCPB has sold P4 billion of foreclosed assets, including P100 million this month.

UCPB earlier signed land development deals with Sta. Lucia Realty Development Inc., Brittany Corp. and Filinvest Land Inc. for the development of P3.1 billion worth of foreclosed properties into high-end and middle-income residential subdivisions.

The deal with the Century Property Group calls for the construction of a 30-story condominium with 522 units.

The project is expected to be completed in the first quarter of 2007. Construction will begin in the first quarter of next year.

The condominium units consist of studio, one-bedroom and two-bedroom units and lofts and penthouses. The units are geared for middle to high income, small upscale families and young urban professionals.

UCPB noted a strong demand for condominium units in Makati.

Century Property developed the South of Market Project in Fort Bonifacio which it is now applying in its Soho Central Development in Mandaluyong City.

http://www.manilastandardtoday.com/?page=business02_dec23_2005

cool another condo rising up!

And will be built in such a relatively short time, 1 year. Construction will begin in the first quarter of next year. The project is expected to be completed in the first quarter of 2007.

yeah thats pretty fast, hopefully it would be a good design

oo nga. bilis. that's the remarkable thing about the proposal. up in 1-yr time! bagong selling point yun!

Dko alam san ko ilalagay pero eto I found this video from google:
http://video.google.com/videoplay?docid=2825074529742953853&q=Philippines

Bay Garden Introduction

With its quaint charm and scenic tropical setting, Bay Garden is a luxurious home and island resort in one. Situated in the heart of Metropolitan Park at Roxas Boulevard (Pasay City, Metro Manila, Philippines). Living turns into an everyday vacation with the lush tropical landscaping and calming vista of the sea.
The stress of city living melts away as residents enjoy leisure walks along tree-lined streets, relaxing picnics by the bay, a therapeutic dip at the heated pools, and a priceless view of dynamic cityscapes and spectacular sunsets. Vast open spaces create a freeing setting while a tranquil ambiance combined with superior security give residents a well-deserved peace of mind.

The privacy, comfort and freedom it provides make Bay Garden a genuine urban paradise.

For more information about Bay Garden,
please contact:

Virna Liza G. Enrile
Sales Executive, Omni-Orient Marketing Network, Inc. (Subsidiary of Federal Land, Inc.)

Telephone No: +63(2)776-1461
Mobile Cell No: +63(927) 436-4468
E-mail: virnaliza.enrile@gmail.com

that's a mall rising beside the Malayan right?

http://img.photobucket.com/albums/v162/pau_p1/Trip%20To%20Singapore/DSC06292.jpg

the condominium seen has just been completed.. I'm not sure if it was turned over already.. I forgot (again) the name.. Francesca something... near the GMA-Kamuning MRT Station...
http://img.photobucket.com/albums/v162/pau_p1/Trip%20To%20Singapore/DSC06299.jpg

^^ Its the Anson building rising between Malayan and Discovery.

malayan plaza is now turned over.. ready to move in!! :D :D :D

malayan plaza is now turned over.. ready to move in!! :D :D :D

it is? i have they finished painting the exterior?

looks like it's gonna have a nice view.

it is? well it should! it's been long overdue.
Pau, you're right! It's Francesca Tower.

it is? i have they finished painting the exterior?


i suppose....

hmmm doesnt look like in the previous photos..

kawawa naman dito walang masyadong update,
mga cebuano matatapos na yung part XVIII nila sa update service :lol:

^^ 'Wag naman ganyan Tee. :nono:
It's bad to compare 2 different things 'ya know.
Maybe the contractors and the engineers are still spending their happy and pleasurable vacations kaya walang masyadong projects na sumusulpot. ;)

^nasan na pala update mo, puro ka na lang feel Kris, koreeeK

^^ I don't understand. :?
Please be direct to the point and concise so that I'll understand you right away. :D

^true you wont, you need more practice ;)

halos 230+ yung proposals/UC pero alang nangyayari.... hehe..

meron naman... but I think 10% is under construction, and 25% lang ang sigurado.

so the other 65% is proposal? hold? cancelled?

So 80 scrapers are being built? Thats not bad. The others are lining up.

so the other 65% is proposal? hold? cancelled?
wherd u get this percentage? i dont beleive you. Wheres thomasian btw, help Aaron enlighten us with you power :)

wherd u get this percentage? i dont beleive you. Wheres thomasian btw, help Aaron enlighten us with you power :)

haha you guys should convince tigs para maniniwala siya sa inyo.. :)

halos 230+ yung proposals/UC pero alang nangyayari.... hehe..

i think there really are stuff goin' on, not detected in SSC radar lang siguro :dunno:

sa totoo lang, andaming projects u/c sa Quezon City na wala sa listahan...

The list is at least 90% surely to be constructed. We monitor all of these and while There are several proposal that look very iffy like egi and lopez tower but the rest are really ayala/robinson/megaworld projects which constitute about half or at least a hundred of these towers. Make no mistake gentlemen this place is one of the most active in the planet, with tons of money being raised to do more Real Estate Projects. You just can't generalize from this one thread or site but professionals know as they need to put their money where their mouth is. And coke is right there is a lot of unlisted projects that people here don't bother to monitor or falls under the radar screen.

thats great to hear (bustero)

The list is at least 90% surely to be constructed. We monitor all of these and while There are several proposal that look very iffy like egi and lopez tower but the rest are really ayala/robinson/megaworld projects which constitute about half or at least a hundred of these towers. Make no mistake gentlemen this place is one of the most active in the planet, with tons of money being raised to do more Real Estate Projects. You just can't generalize from this one thread or site but professionals know as they need to put their money where their mouth is. And coke is right there is a lot of unlisted projects that people here don't bother to monitor or falls under the radar screen.

thats great then... y not assign each forumer an area of jurisdiction para ma monitor lahat :D

Another Giant Mall, in the next 4 years,
now, in the heart of Quezon City

Araneta Center Inc., now under the leadership of Jose’s son Jorge, intends to regain the center’s former glory. And then some. In the next four years the company plans to complete a 3.5 million-square-foot mall (325,160 square meters), which will connect directly to the two mass transit railway terminals outside the center, and to build nearly 900,000 square feet of offices, a hotel and apartments.

The planned seven-level shopping center, called the Millennium Mall, is to be built around the recently renovated stadium, with 500,000 square feet of shopping on each floor. Besides offering a range of American and European stores new to the Philippines, it will house 366,000 square feet (34,0002 square meters) of entertainment tenants, including a full-size ice skating rink, a multiplex cinema and IMAX theater, a bowling alley and a children’s and family entertainment center as well as other attractions, said Solomon.


The owners also are considering building an additional, 200,000-square-foot mall (18,580 square meters), which they want to call Manhattan Mall, with housing on top.

Araneta 20 year masterplan costs P66.25B ($1.25B)

Under a $1.25 billion 20-year master plan, the company intends to turn it into a virtual city within a city, with the development of about 4,000 housing units, additional office and retail space and a giant communications structure — the Manila Tower — that will rival Paris’s Eiffel Tower in height, he said. Offices will be wired with the latest in communications technology.

^^ :bow: yehey :carrot:

so that would be in the year 2010.. wooo.. i can't wait!!:)

well well well Araneta strikes back, though MoA will have the advantage of its feet firmly on the ground by 2010. But Araneta's Millenium Mall will have two LRT lines.


However I do like most the sound of "a giant communications structure — the Manila Tower — that will rival Paris’s Eiffel Tower in height, he said"

^^ Yeah, an EyeFill Tower, the Filipino version of the Eiffel Tower. :lol:

cool..cant wait to see manila tower built!

galeng. araneta center is looking good already.

All these great news is a reinforcement of the country's potential to become a superpower country within the century!
:dance:

was it called the "Next Big 11" sumthin? :D hehe

cool..cant wait to see manila tower built!

im not sure about the viewing deck.. you'll see ortigas, makati, manila skyline, rizal ridge from a far. but when you look below, it'll be a congested and squatter infested sight.

well, it's gonna be different five years from now ;) i wish!

The list is at least 90% surely to be constructed. We monitor all of these and while There are several proposal that look very iffy like egi and lopez tower but the rest are really ayala/robinson/megaworld projects which constitute about half or at least a hundred of these towers. Make no mistake gentlemen this place is one of the most active in the planet, with tons of money being raised to do more Real Estate Projects. You just can't generalize from this one thread or site but professionals know as they need to put their money where their mouth is. And coke is right there is a lot of unlisted projects that people here don't bother to monitor or falls under the radar screen.

amen to that! :okay:

im not sure about the viewing deck.. you'll see ortigas, makati, manila skyline, rizal ridge from a far. but when you look below, it'll be a congested and squatter infested sight.
Over time as the economy is improving . the squatter problem will be licked.

good for quezon city, i hope they will try to factor in the monstrous and perennial traffic jams in that area

Over time as the economy is improving . the squatter problem will be licked.

i thought of that 5 years ago. but it's getting worse! :no: there's still hope though. always!

2010??? im no more in QC~~ USA na ako nun.. :(

yeah you should be sad. it gets very depressing here, most of the time

i thought of that 5 years ago. but it's getting worse! :no: there's still hope though. always!
We just need better population control and continued economic improvement which will make adequate housing more affordable to ordinary PInoys and things will get better. Lets think positive for the new year.

Another Giant Mall, in the next 4 years,
now, in the heart of Quezon City

Araneta Center Inc., now under the leadership of Jose’s son Jorge, intends to regain the center’s former glory. And then some. In the next four years the company plans to complete a 3.5 million-square-foot mall (325,160 square meters), which will connect directly to the two mass transit railway terminals outside the center, and to build nearly 900,000 square feet of offices, a hotel and apartments.

The planned seven-level shopping center, called the Millennium Mall, is to be built around the recently renovated stadium, with 500,000 square feet of shopping on each floor. Besides offering a range of American and European stores new to the Philippines, it will house 366,000 square feet (34,0002 square meters) of entertainment tenants, including a full-size ice skating rink, a multiplex cinema and IMAX theater, a bowling alley and a children’s and family entertainment center as well as other attractions, said Solomon.


The owners also are considering building an additional, 200,000-square-foot mall (18,580 square meters), which they want to call Manhattan Mall, with housing on top.

Araneta 20 year masterplan costs P66.25B ($1.25B)

Under a $1.25 billion 20-year master plan, the company intends to turn it into a virtual city within a city, with the development of about 4,000 housing units, additional office and retail space and a giant communications structure — the Manila Tower — that will rival Paris’s Eiffel Tower in height, he said. Offices will be wired with the latest in communications technology.

:okay: Yay! Cant wait for all this. Araneta Center is gonna be amazing!

You guys shouldn't leave. All our dreams for Manila are slowly becoming tangible.

^^ Not only MAnila but the entire Philippines.

yipeeee... in the next 4 years... studyante pako nyan... taking up law proper nah... dun nako tatambay...

for me, this "millennium mall" would be a big hit... IMO, hindi sila magiging magkalaban ng SM MoA... kasi malayo sila sa isat isa... SM will have costumers from west and south metro... while millennium will cater to the north and east metro... diba...?

hahaha... ganda cguro ng view ng manila tower pag pauwi aq ng antipolo... hehehe...
i am so looking forward to the manila tower... :) :cheers2:

I love my country hihihihi I don't ever wanna leave lol

-delete-

Nice but you should post this in the good news thread :)

oh... at least that the old plan for Araneta is pushing through... I remember reading the same article a few years back... but of course I hope that the Manila Tower and Millenia Mall would indeed push through... :D

this will definitely compete with Ayala's North Triangle Mall and SM North EDSA on the north and maybe some for SM Megamall and Robinsons Galleria in the south... SM Sta. Mesa in the west and Sta. Lucia Mall and Robinsons East Mall in the east..

Nice but you should post this in the good news thread :)

Agree!!!

Another Giant Mall, in the next 4 years,
now, in the heart of Quezon City

Araneta Center Inc., now under the leadership of Jose’s son Jorge, intends to regain the center’s former glory. And then some. In the next four years the company plans to complete a 3.5 million-square-foot mall (325,160 square meters), which will connect directly to the two mass transit railway terminals outside the center, and to build nearly 900,000 square feet of offices, a hotel and apartments.

The planned seven-level shopping center, called the Millennium Mall, is to be built around the recently renovated stadium, with 500,000 square feet of shopping on each floor. Besides offering a range of American and European stores new to the Philippines, it will house 366,000 square feet (34,0002 square meters) of entertainment tenants, including a full-size ice skating rink, a multiplex cinema and IMAX theater, a bowling alley and a children’s and family entertainment center as well as other attractions, said Solomon.


The owners also are considering building an additional, 200,000-square-foot mall (18,580 square meters), which they want to call Manhattan Mall, with housing on top.

Araneta 20 year masterplan costs P66.25B ($1.25B)

Under a $1.25 billion 20-year master plan, the company intends to turn it into a virtual city within a city, with the development of about 4,000 housing units, additional office and retail space and a giant communications structure — the Manila Tower — that will rival Paris’s Eiffel Tower in height, he said. Offices will be wired with the latest in communications technology.
how does this jive with the 35 condominuims that megaworld is gonna build at araneta center?

Guys, I'm gettin headaches with all this Araneta Center infos scattered around the forums. Of course I appreciate them all but it would be better if they stay in one thread instead of being scattered all over the forum.

Some guidelines:

1. If you're talking about the Araneta Center's current structures, current pics, current - anything, etc. Post them here: The Quezon City Thread - Eastwood City, Araneta Center, Libis (http://www.skyscrapercity.com/showthread.php?t=289592)

2. If it's anything about the future of Araneta Center. i.e. proposed structures, malls, whatever in the future or in the masterplan. Post them here. 20-year Araneta Center Redevelopment Plan, Cubao, Quezon City (http://www.skyscrapercity.com/showthread.php?t=301869)

3. Discussion about the multi-tower condominium project of Megaworld and Araneta Center should be continued here: Manhattan Garden Residences (http://www.skyscrapercity.com/showthread.php?t=285035)

Thank you.

Well, it looks like the 40 storey One ADB Avenue office tower still has a glimmer of hope of getting built since GSIS has no intention of letting go of the site... :okay:

RLC eyes GSIS-owned Philcomcen lot
Wed Jan 04,2006
spacer




Robinsons Land Corporation (RLC) has expressed interest to acquire and develop the Philcomcen property in Ortigas Avenue but the Government Service Insurance System (GSIS) has apparently declined its offer.



A high-ranking official from RLC said they wanted to develop the Philcomcen building to a high-rise residential condominium. The Philcomcen property stands across RLC’s newest condotel, Crown Plaza and Galleria Regency.

RLC has a number of property developments in Ortigas including the Robinsons Galleria Mall, Holiday Inn Galleria Hotel, office buildings Galleria Corporate Center and Equitable PCI Tower, and the East of Galleria, a high-rise condominium soon on the rise.

The official said having the Philcomcen property as part of the company’s portfolio would make a lot of sense because of its proximity to Robinsons Galleria and the rest of RLC’s developments in Ortigas.

Despite a good offer from RLC, state pension fund reportedly refused to have the Philcomcen property sold to the Gokongwei-controlled firm.

The Philcomcen property, on the other hand, has been condemned for many years now. It served as the office building for several government agencies such as the Department of Transportation and Communication, the Presidential Commission on Good Government and several radio stations.

Philcomcen is among the 200 establishments that owe GSIS a total of P10 billion in unpaid loans. Other companies with outstanding overdue loans include Puerto Azul, A. Francisco Realty, The Manila Hotel, Pinugay Property, Kanlaon Towers, Phimeco Property, Meno Property, Mecamir Realty, Philippine Village Hotel, Serenity Memorial Park, Felipe Ang and Emir Corp.

Meantime, according to RLC there is a growing need for new high rise residential development at the Ortigas Center. In an answer to this, the company is constructing East of Galleria, a 45-storey tower located at the heart of Ortigas Business District. Completion of the project is expected to be in 2010.

RLC earlier said no new condominium developments were being built in the Ortigas Center for a few years now and this is a window of opportunity for the RLC group.

RLC is one of the country’s largest property developers. Aside from residential projects, it is also involved in the development of shopping malls, office buildings and hotels.

Guys, I'm gettin headaches with all this Araneta Center infos scattered around the forums. Of course I appreciate them all but it would be better if they stay in one thread instead of being scattered all over the forum.

Some guidelines:

1. If you're talking about the Araneta Center's current structures, current pics, current - anything, etc. Post them here: The Quezon City Thread - Eastwood City, Araneta Center, Libis (http://www.skyscrapercity.com/showthread.php?t=289592)

2. If it's anything about the future of Araneta Center. i.e. proposed structures, malls, whatever in the future or in the masterplan. Post them here. 20-year Araneta Center Redevelopment Plan, Cubao, Quezon City (http://www.skyscrapercity.com/showthread.php?t=301869)

3. Discussion about the multi-tower condominium project of Megaworld and Araneta Center should be continued here: Manhattan Garden Residences (http://www.skyscrapercity.com/showthread.php?t=285035)

Thank you.




qc just rocks the entire ssc!

century communities the best developer of the year 2005>>>>>>>http://www.century-properties.com/aboutcpi/default.html

new project on the rise...
Robinsons Land bags Manila Gas’ Paco property for P573M
By Zinnia B. Dela Peña
The Philippine Star 01/05/2006

Robinsons Land Corp. (RLC), the property development arm of the Gokongwei’s JG Summit Holdings Inc., has bagged the Manila Gas property in Paco, Manila for P573 million.

The 39,995-square meter property will be turned over by the state run National Development Co. after 60 days.

RLC increased its offer to P573 million from its original offer of P562 million. The amended offer, however, is still below the P637.27 million floor price set by the government.

RLC plans to convert the property into a lifestyle mall and residential condominium building.

Company officials said the building will be limited to just five floors given the requirement imposed by the government to ensure the security of the area which is near Malacañang Palace, the seat of executive power.

RLC is also bidding for the 4.8-hectare Makati property formerly occupied by the International School. The government has set a floor price of about P1.2 billion or P23,000 per square meter for the property.

The property is seen as ideal for the development of high-rise residential or business complex, given its proximity to the Rockwell Center, an upscale business and residential enclave. There have been at least two failed auctions for the IS property and the government can resort to a negotiated sale if the bidding will fail for a third time.

RLC is positioning to become the country’s major property company. It focuses on shopping malls, office buildings, hotels, and housing.

The company intends to steadily expand its shopping mall business by building three to four new shopping malls a year. It also plans to develop leaner commercial centers in provincial cities with a smaller average gross floor area of 25,000 square meters each.

The firm’s shopping malls are generally anchored by sister companies Big R Supercenter, Robinsons Department Store, Robinsons Supermarket and/or Handyman. They enjoy high occupancy rates, currently averaging at 94 percent.

RLC is also the country’s largest domestic hotel owner and operator. Its subsidiaries and affiliates include Manila Midtown Hotels & Land Corp. as well as housing concerns Robinsons Homes Inc. and Trion Homes Development Corp.

It intends to maintain its higher-than-industry hotel occupancy rates by strengthening its marketing organization to focus on corporate and leisure travellers, as well as to bolster the domestic market with airline affiliate Cebu Pacific Air.

^^ Galing!!! Kaka-acquire lang nila dun sa lot may project na agad sila para dun. BTW, it's located along Otis St.

Well, it looks like the 40 storey One ADB Avenue office tower still has a glimmer of hope of getting built since GSIS has no intention of letting go of the site... :okay:

RLC eyes GSIS-owned Philcomcen lot
Wed - Jan 04,2006

Robinsons Land Corporation (RLC) has expressed interest to acquire and develop the Philcomcen property in Ortigas Avenue but the Government Service Insurance System (GSIS) has apparently declined its offer.

A high-ranking official from RLC said they wanted to develop the Philcomcen building to a high-rise residential condominium. The Philcomcen property stands across RLC’s newest condotel, Crown Plaza and Galleria Regency.

RLC has a number of property developments in Ortigas including the Robinsons Galleria Mall, Holiday Inn Galleria Hotel, office buildings Galleria Corporate Center and Equitable PCI Tower, and the East of Galleria, a high-rise condominium soon on the rise.

The official said having the Philcomcen property as part of the company’s portfolio would make a lot of sense because of its proximity to Robinsons Galleria and the rest of RLC’s developments in Ortigas.

Despite a good offer from RLC, state pension fund reportedly refused to have the Philcomcen property sold to the Gokongwei-controlled firm.

The Philcomcen property, on the other hand, has been condemned for many years now. It served as the office building for several government agencies such as the Department of Transportation and Communication, the Presidential Commission on Good Government and several radio stations.

Philcomcen is among the 200 establishments that owe GSIS a total of P10 billion in unpaid loans. Other companies with outstanding overdue loans include Puerto Azul, A. Francisco Realty, The Manila Hotel, Pinugay Property, Kanlaon Towers, Phimeco Property, Meno Property, Mecamir Realty, Philippine Village Hotel, Serenity Memorial Park, Felipe Ang and Emir Corp.

Meantime, according to RLC there is a growing need for new high rise residential development at the Ortigas Center. In an answer to this, the company is constructing East of Galleria, a 45-storey tower located at the heart of Ortigas Business District. Completion of the project is expected to be in 2010.

RLC earlier said no new condominium developments were being built in the Ortigas Center for a few years now and this is a window of opportunity for the RLC group.

RLC is one of the country’s largest property developers. Aside from residential projects, it is also involved in the development of shopping malls, office buildings and hotels.
------------------------------------

I think it'll be better of with RLC because they've been looking for lots near their Galleria Complex. Parang wala naman kasing progress yung One ADB, pero with RLC, I'm sure they'll get it developed as quickly as possible.

------------------------------------

sana

just noticed this morning that the Uniwide store beside the EDSA Central mall in the Greenfield area is being fenced and it appears that they are doing something on it... do any of you guys know if this going to be demolished to be replaced by a new structure, or simply going to be refurbished?

the aranetas will definitely push through with their projects. they don't want to remain a laughingstock among their peers...having a rundown "center" :D

their pride would make them want to scrape the skies...

just noticed this morning that the Uniwide store beside the EDSA Central mall in the Greenfield area is being fenced and it appears that they are doing something on it... do any of you guys know if this going to be demolished to be replaced by a new structure, or simply going to be refurbished?
I think this is supposed to be the call center building they were planning to build.

the aranetas will definitely push through with their projects. they don't want to remain a laughingstock among their peers...having a rundown "center" :D

their pride would make them want to scrape the skies...

no wonder ate shawi is having too much concert

just noticed this morning that the Uniwide store beside the EDSA Central mall in the Greenfield area is being fenced and it appears that they are doing something on it... do any of you guys know if this going to be demolished to be replaced by a new structure, or simply going to be refurbished?

Quoted from the EDSA Central IT Park Tower - Mandaluyong City (http://www.skyscrapercity.com/showthread.php?p=6482411) thread:

Campos-led Greenfield to build two IT buildings for P2billion
BusinessWorld - November 30, 2005
by: Maricel E. Estavillo

Campos-led Greenfield Development Corp. will put up two more office buildings for information technology-enabled outsourcing firms in EDSA Central in Mandaluyong City , estimated to cost P2billion.

Development for the two-storey EDSA Central IT Center II has just started, Vice-President for business development Jericho P. Go, told Business World in an interview.

The building, with total floor space of 16,000 square meters, will replace the Uniwide store, located at the corner of United Street and EDSA.

“We will just renovate and add one more floor into the [Uniwide] MALL. We estimate that in the next four to six months, this building is already complete,” Mr. Go said.

Greenfield will start accepting locators; particularly call centers and business process outsourcing companies in the second quarter of next year.

And by the first quarter, Greenfield will start the development for the 12-storey EDSA Central IT Park, with total floor space of 35,000 square meters, excluding the parking space.

This will sit on a bare space near the huge transport terminal at the back of EDSA Central IT Center II.

The IT Park building is expected to be completed by the fourth quarter of 2007.

About 20,000 square meters of the total floor space will be available for IT locators and the remaining space will be leased to retail and entertainment companies.

This early, three of the top call center companies in the country have already expressed interest to occupy the buildings, Mr. Go said.

The two buildings have already been registered at the Philippine Economic Zone Authority to allow future locators to get government incentives such as income tax holidays and exemption from value-added tax.

EDSA Central IT Center II and EDSA Central IT Park will add to the already operating EDSA Central Information Technology Center , also located along EDSA corner Unites Street.

The first EDSA Central IT Center cost P750 million to P950 million and is composed of two buildings with combined floor area of 36,393 square meters.

One of Greenfield company locators here is OSRP, Inc., a wholly owned and an in-house call center unit of California-based PC Mall. It is leasing 1,200 square meters of office space and now operating some 100 call center seats.

Aside from this, Greenfield wil also lease to future IT locators the newly renovated five-floor and 20,166-square meter Bonaventure Plaza IT Center in Ortigas Avenue corner Connecticut Street , just in front of the Greenhills Shopping Mall.

Behind Greenfield is the Campos family, which also owns the drug firm United Laboratories.

2 Billion for two buildings?
quite expensive naman!
di b 3 billion lang st francis?

^ey wouldnt put your picture in here
its in samahan by photo album IX :)

ok meron din pala dito post your pics?

any updates regarding SM-KS Ortigas? i played with the Podium mall photo and did a bit of copy-paste. oh well it didnt turn out nice, hehe. i'd love to see the superstructure in the near future :D any renderings btw?

http://i18.photobucket.com/albums/b105/cebupics2/ortigas/01-06-06/Ortigas_SMKS.jpg

^ is that the rendering of SM-KS pasted over the podium? Don't remember looking it like that, unless I've missed something... :?

^^ yeah, i've must a missed something too. looks good anyways.

^^ Another nice addition to the skyline. kewl.

^ is that the rendering of SM-KS pasted over the podium? Don't remember looking it like that, unless I've missed something... :?

no it's not ;) sorry for the confusion guys. :D i was just playin' with the Podium mall and have it "copy-paste", as what i've mentioned on my post. any updates regarding the project?

still nice///

I was walking down Bocobo St. in Ermita last night and I came across the construction site for the Cityland Executive Regency. Based on the rendering it looks a lot fancier than the usual Cityland designs, but at a pre-selling monthly amortization rate of only P7,600 for the smallest studio, this could be the cheapest condo currently being built in Ermita. They're digging the foundations already and looks like work is progressing 24/7 (it was already 10:30pm and construction was in full swing). It has a great location, only a block away from Robinsons Place.

I'm sure it's not straight 7,600 monthly.. may mga balloon payment na namang kasama yan..

I was walking down Bocobo St. in Ermita last night and I came across the construction site for the Cityland Executive Regency. Based on the rendering it looks a lot fancier than the usual Cityland designs, but at a pre-selling monthly amortization rate of only P7,600 for the smallest studio, this could be the cheapest condo currently being built in Ermita. They're digging the foundations already and looks like work is progressing 24/7 (it was already 10:30pm and construction was in full swing). It has a great location, only a block away from Robinsons Place.

^ i know its a bit rude to ask but, you dont need to answer this, how long do you have to pay for your condo, and eeeeh how much :)

ako ba yan tigs?

^ i know its a bit rude to ask but, you dont need to answer this, how long do you have to pay for your condo, and eeeeh how much :)

Syempre :D

my total pag-ibig loan is 1.98M yata.. nakalimutan ko na agad eh! masakit kasi sa ulo pag parating iniisip! hahaha :bash:

you can go to http://www.pagibigfund.gov.ph/mt_calc1.htm for the ammortization calculator.. it's at 12%.. then just add mga 1,400 for the MRI and Fire Insurance..

Syempre :D

maraming salamat dvorak

i passed by aurora blvd yesterday.. ano yung building don sa may N Domingo near Balete Drive?? nandon yata sa likod nang old Pepsi compound.. i counted 32 floors already.

www.mb.com.ph (Manila Bulletin, Friday the 13th of January 2006 :D)

SMIC sets P2.4 B to build exhibition, call center facility

SM Investment Corporation will break ground for two new buildings worth P2.4 billion in the first quarter of 2006 at the 60-hectare SM Central Business Park in Manila.

Based on a disclosure to the Philippine Stock Exchange (PSE) yesterday, SMIC will put up the Philippines’ first privately-run exhibition and convention center, and a 10-story courtyard-oriented e-commerce building.

Both buildings will be right beside the Mall of Asia, which is designed to become not just the Philippines’ largest but also the most complete and innovative shopping complex.

The 40,000-square meter SM Exhibition and Convention Center, the first of its kind in the Philippines, is envisioned to become a favored venue for major conferences and trade exhibits, as well as for other international and local events.

The building will have two floors, a mezzanine and basement parking with a total leasable area of 17,800 square meters featuring large exhibition areas and function rooms. Construction is expected to cost P900 million.

Meanwhile, the 94,000-square meter SM eCOMCenter will have a total leasable area of 67,900 square meters with 7 floors alloted for office space, two and a half floors for parking, and the ground floor for commercial uses.

The eCOMCenter will have a typical floor plate of 8,750 square meters with four service cores and is expected to cost P1.5 billion.

The SM eCOMCenter will provide offices and workspaces with leading edge facilities and amenities necessary for e-commerce businesses such as BPOs, call centers and other service companies.

The nearby SM Corporate Headquarters is already home to US-based Teletech while the soon-to-open Mall of Asia will house the call center of the world’s largest computer maker, Dell, Inc.

Both the convention center and the eCOMCenter are expected to be completed by the middle of 2007.

Apart from these two buildings, other developments are being planned for the SM Central Business Park.

These include corporate headquarters for one or two conglomerates, hotels, office and residential clusters, a coliseum for sporting events and entertainment shows as well as a ferry terminal.

Over the long term, the SM Central Business Park with its strategic location, will emerge as the foremost and the only central business district (CBD) by the bay, integrating business park facilities with entertainment, recreational, tourism, and residential land uses.

i passed by aurora blvd yesterday.. ano yung building don sa may N Domingo near Balete Drive?? nandon yata sa likod nang old Pepsi compound.. i counted 32 floors already.

That's an old project that was stopped in the late 90's. Aaron knows the name. It's by PhilRealty. That's supposed to be 3 or 4 towers I think. Suspended in animation.

That's an old project that was stopped in the late 90's. Aaron knows the name. It's by PhilRealty. That's supposed to be 3 or 4 towers I think. Suspended in animation.

why did they stopped building it???

That's an old project that was stopped in the late 90's. Aaron knows the name. It's by PhilRealty. That's supposed to be 3 or 4 towers I think. Suspended in animation.Was that project called Skyview? I think that's what it's called if memory serves me right. If this is indeed the one, my understanding is the funds from the pre-selling of the units in the Icon (in FBGC) will be used to kickstart and finish this project but will no longer be that many towers.

why did they stopped building it??? Ran out of funds. Nalugi ata ang mother company.

^^ sayang naman...

Here's another new project in the making! Two Actually, But tsismis lang ito so take it with a ton of Salt.

Robinsons Legaspi
Heard through the grapevine

THE FLOUNDERING Chemphil group run by man-about-town Antonio Garcia has decided to spin off even its headquarters on Pasay Road, an eight-story building sitting on a 1,009-square-meter lot in the Makati business district, in a desperate effort to raise cash.

The buyer is said to be John Gokongwei, which would mark his first residential condominium foray into the Legaspi Village territory of the Ayala group.

E-mail: cocktales_pdi@pldtdsl.net or cocktales_pdi@yahoo.com

The second one is Philcomcen which everyone knows is being stalked by Robinsons Group.

Gokongweis had GSIS for lunch
Posted: 0:22 AM | Jan. 13, 2006

Victor Agustin
Inquirer

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(Published on Page B3 of the January 13, 2006 issue of the Philippine Daily Inquirer)

TYCOON John Gokongwei and his brother James were seen with fellow Cebuano and another weight-watcher candidate, Winston Garcia, president for the Government Service Insurance System (GSIS), helping themselves to the generous lunch-buffet spread at the coffee shop of Gokongwei's Crowne Plaza hotel in the Ortigas business district Tuesday.

Garcia, who holds office in the Roxas Boulevard reclaimed area, apparently had been served with more than food after he battled the traffic to Ortigas and possibly the dietitian's advice to see the Gokongweis.

"We discussed many things," said Mr. John, breaking into hearty laughter, when informed that he had been spotted cozying up to Mr. GSIS.

The Gokongwei family was a major shareholder of Philippine Commercial International Bank (PCIBank) before it was swallowed, with the help of the GSIS, by the smaller Equitable Banking Corp. during the Joseph Estrada era.

Asked if the fate of a certain bank was part of the post-prandial discussions, Mr. John answered, "My chief concern was the Philcomcen building," referring to the half-demolished building half-owned by GSIS that now threatens -- knock on wood -- to collapse in front of the gleaming Gokongwei hotel.

"That building is not only an eyesore, it is also an accident waiting to happen," the clearly agitated billionaire said. After a little badgering, Mr. John finally admitted that Equitable PCI Bank did figure in his talks with Garcia, but preferred to keep his thoughts between him and the GSIS chief.

"Look, if Winston and I were cooking up something, I would not discuss it in front of a hundred people," Mr. John said, referring to the lunchtime crowd at the Seven Corners cafe.

According to the grapevine, the tycoon had considered buying back Equitable PCI Bank at nearly half the price early in the Gloria Macapagal-Arroyo years when it was sailing through financial difficulties.

But the business mogul's ambition was said to have been held in check by his son, Lance, and Mr. James, who both did not relish the additional administrative burdens of turning around a universal bank amid thinning industry spreads, while at the same time juggling with the increasingly regional ambitions of his group of companies that includes JG Summit Holdings, Universal Robina and Cebu Pacific Air.

Still, the tycoon kept a special eye on the bank and was apparently kept abreast of developments, courtesy of his friend and travel companion, Antonio Go, who was Equitable PCIBank chair until his last year's surrender to the financial entreaties of SM/Banco de Oro heiress Teresita Sy.

istefh - Ganoon talaga minsan nalulugi. Anyway the background was it was the asian Crisis and demand dissappeared rendering many real estate projects problematic. PhilRealty had several projects na naipit, including the site of the icon in the fort and some other in Ortigas.

3cr, I'm not sure if it's skyview, seems like it was spanish mediteranean name. In fact I think it's Andrea, let ask Aaron he knows all...

Aaron , tama ba to Andrea North yata ang pangalan ng project sa lumang pepsi Pant sa Ortigas.

In any case what you said 3cr makes sense as the icon lot was owned by PhilRealty so they probably used the proceeds (no the preselling as the Icon is now developed by a different partnership) to just finish the project.

aurora blvd pare.. hindi ortigas.. sa may N. Domingo yata.. parang may nag wo work naman don.. parang malapit na nga i top off..

istefh - Ganoon talaga minsan nalulugi. Anyway the background was it was the asian Crisis and demand dissappeared rendering many real estate projects problematic. PhilRealty had several projects na naipit, including the site of the icon in the fort and some other in Ortigas.

3cr, I'm not sure if it's skyview, seems like it was spanish mediteranean name. In fact I think it's Andrea, let ask Aaron he knows all...

Aaron , tama ba to Andrea North yata ang pangalan ng project sa lumang pepsi Pant sa Ortigas.

In any case what you said 3cr makes sense as the icon lot was owned by PhilRealty so they probably used the proceeds (no the preselling as the Icon is now developed by a different partnership) to just finish the project.

istefh - Ganoon talaga minsan nalulugi. Anyway the background was it was the asian Crisis and demand dissappeared rendering many real estate projects problematic. PhilRealty had several projects na naipit, including the site of the icon in the fort and some other in Ortigas.

3cr, I'm not sure if it's skyview, seems like it was spanish mediteranean name. In fact I think it's Andrea, let ask Aaron he knows all...

Aaron , tama ba to Andrea North yata ang pangalan ng project sa lumang pepsi Pant sa Ortigas.

In any case what you said 3cr makes sense as the icon lot was owned by PhilRealty so they probably used the proceeds (no the preselling as the Icon is now developed by a different partnership) to just finish the project.

The name of the whole condo complex by Philrealty is Andrea North Condominiums.

There's supposedly three towers but only the Skyline Tower was built and is currently on-hold.

The property is bounded by Aurora Blvd, Balete dr. and N. Domingo St.

Skyline Tower's completion depends on the success of Icon Residences becuase the proceeds from it will be used to fund the construction of Skyline Tower.

Heard through the grapevine

THE FLOUNDERING Chemphil group run by man-about-town Antonio Garcia has decided to spin off even its headquarters on Pasay Road, an eight-story building sitting on a 1,009-square-meter lot in the Makati business district, in a desperate effort to raise cash.

The buyer is said to be John Gokongwei, which would mark his first residential condominium foray into the Legaspi Village territory of the Ayala group.

Ah yes, Aurora is what I meant not ortigas, napabilis ang typing hehe. sorry.

Usually the 'rumors' by Vic Agustin of Cocktales turn out to be true. Magaling ang grapevine source niya.

guys siguro dito ko na lang ipapasok ito.yung project about newport city.i saw a project,planning to build their.the residential resort at newport city.yun yata yung pinag-uusapan nating project na hotel last year yung mediterranian inspired na project na iba-iba ang kulay.nakita ko kasi ung renderring sa may stall sa eastwood near sa go nut donuts.yun lang paki check na lang po.oks

Di ba that Newport City is the one Robinson or is it Megaworld that will be developing in the Villamor Airbase site by the Airport?

megarworld project yata yung newport.

yup megaworld.the residences resort at newport will the first project in the newport city

Greenbelt is having renovation works in their area.. they have closed down the Greenbelt drive until Oct 2006... well I think this is because of the construction of Gbelt5 and the renovation of the Gbelt 1 side facing Gbelt2..

all food and other establishment on that side of Greenbelt 1 has already closed down from Banana Leaf to Chowking and the tiangge area underneath.... does anybody seen or know the rendering or how it will look like after renovation?

Di ba that Newport City is the one Robinson or is it Megaworld that will be developing in the Villamor Airbase site by the Airport?

from BusinessWorld, January 12, 2006
Called Newport City, the project is the latest offer by major developer Megaworld Corp., the publicly listed company behind Eastwood City in Libis, Quezon City and several projects within Fort Bonifacio. Newport City will develop a major portion of Villamor.

Development of the whole project is expected to take place within 10 to 15 years, he told BusinessWorld during the site visit.
The project is a 25-hectare mixed-used area with commercial, office and residential sections.

One part is envisioned to be a site for office spaces for airline companies, cargo firms and other airline-related businesses given their proximity to the Ninoy Aquino International Airport Terminal 3.

Information technology companies such as business process outsourcing firms will also be the ideal locators as they usually want to have offices near the airport for mobility of visiting company officials from abroad.
A huge portion of it will be dedicated for the Residential Resort, bounded by Sales St. and Andrews Ave.

The centerpiece of the resort area is the Marriott, bordering the golf course to the east. The area is a five-minute drive from the posh Magallanes Village in Makati City.

Condominium units, some of which will be facing the golf course, will be available in different sizes. There will be studio-type, two-bedroom, one-bedroom and a combination of rooms numbers.

Studio units, measuring 36.5 square meters, are priced at P1.9 million while combined units of 73 square meters fetch P3.8 million. One-bedroom units, measuring 47 square meters are at P2.6 million, while two-bedroom units of 57 square meter are worth P3.2 million apiece.

Megaworld has started pre-selling the residential unit to the middle- to high-income markets.

Newport will also feature a retail and leisure complex and a business and technology park.

The whole project is a joint venture with state-run Bases Conversion and Development Authority which manages military properties.

I was walking down Bocobo St. in Ermita last night and I came across the construction site for the Cityland Executive Regency. It has a great location, only a block away from Robinsons Place.

Hmmm... maybe you mean Cityland Manila Executive Regency... :runaway:

Confusing talaga kse with all the name games...

Cityland Executive Regency = Ortigas near Galleria

http://www.cityland.ph/images/left/mer.jpg

imo, looks like a combination of their Pasong Tamo Tower and Makati Executive Regency... :eek2:

I've seen the Greenbelt renderring. I think it's in one of the threads buried.

Newport has a little problem in that some of the areas they were probmised may not be delivered as Bayani wants to get some of the land to be used for roads and the like. NOthing to stop the project , just some little snafu.

Bustero, whats going on with that proposal between Jaka and Standard Chartared? Any updates?:)

Haven't heard from that guy for a while. I'll check with him.

GB5 construction as of 1/19/06 - 3pm

http://i29.photobucket.com/albums/c277/patok/gb5.jpg

nice spot! :okay: can't wait for this to open :D

^^ when, btw? :D

siguro they'll open this up for xmas 2006..

^^ when, btw? :D

A new project is currently being bore-piled at UN Ave. cor. Mabini in Manila, its called MAYFAIR TOWER, owned by Anchor Land Holdings. 33 storeys residential. Might as well check it out guys...

regarding GB5, wish they leave this area as an open space/park, wouldn't it be nice?

Where is this GB5 in the Greenbelt area?

Bustero, whats going on with that proposal between Jaka and Standard Chartared? Any updates?:)

How about you update me on what exactly planned to happen there?:D I forgot

and as for Greenbelt open spaces... there are tons there already, there's the founains and flora, they haven't demolished the old church and trees that were there in the 90s have they? that was quite a sizeable park.

^^ when, btw? :D

GB5 is set for opening in 2007.

Welcome Philchanad, We even have a individual thread on mayfair I think. YOu can be a great contibutor there.

Renell. In between Jaka and Standard Chartered is a new tower trying to be Manila's tallest. Last we heard they were trying to get more FAR credits to be able to build it.

Welcome Philchanad, We even have a individual thread on mayfair I think. YOu can be a great contibutor there.

Renell. In between Jaka and Standard Chartered is a new tower trying to be Manila's tallest. Last we heard they were trying to get more FAR credits to be able to build it.

great news! i hope to see this "manila tallest" build soon!

GB5 is set for opening in 2007.


1st qtr?

Walang sinabi sa mga articles eh, puro 2007 lang nakalagay.

i see.. yeah i think we discussed that before without much detail. anyways more power to that

i just confirmed last monday that Century propeties is planning to build another tower - after Soho, Serendra, Bel Air Soho, and SOMA. It'd be most likely a twin. Maybe to compete with The Columns Legazpi. The price is more affordable tho.

Oh, the one being planned in Makati?

[QUOTE=bustero]Welcome Philchanad, We even have a individual thread on mayfair I think. YOu can be a great contibutor there.

ok thanks! right now there is a revision at the heights of the ground floor to 6th floor, adding an additional est. 4 meters from street level to tip of the building.

Yes right Aron.
Phicahad, do you have the final rendering of the tower? or is it beyond your jurisdiction already?

3-mall complex worth P1B to rise in Ortigas
Posted: 2:43 AM | Jan. 24, 2006
Inquirer

THE group behind the local franchises of fast-food chain McDonald's and MC Home Depot plans to spend P1 billion to put up a complex of malls in the Ortigas group's property near the C-5 highway in Metro Manila, an official of MC Mall Inc. said.

David Wuson, corporate planning head of MC Mall, in a press briefing described the project named Silver City as a "tri-mall niche-retail development" on a 4.5-hectare lot between Ortigas Avenue and Julia Vargas Avenue in Pasig City.

"We have secured a 10-year, lease-development contract with the Ortigas group and we are introducing a pioneering concept focused in the consumer retail and service industry," Wuson said.

About 35 percent of the land is allocated to greenery and landscaping, and the three-level structure will have a covered parking space for 1,400 cars, he said.

The main offering of Silver City will be the Auto Mall, a multi-brand, one-stop shopping center for motor vehicles and related interests of the motoring public, Wuson said.

The other two malls -- Fusion-tech Mall and Wellness Mall -- will focus on information technology and healthcare products and services, respectively, he said.

George Yang, chairman of the McDonald's Philippine franchise, and Lawrence Chung head MC Mall.

Yuso said, "Chairman George Young and Lawrence Chung pioneered in bringing together various brands in one roof as well as providing a sort of permanent trade exhibition for construction and building needs through the local franchise of MC Home Depot."

"Ten years later, we are now applying the concept to the automotive market as well as IT and wellness."

Wuson said Auto Mall, which he said would open by June, would be the first of its kind in the country, with 80 to 100 brand-new cars to be on display plus stores of vehicle accessories, banks and finance service providers, insurance firms, sports and lifestyle boutique and events center.

He said MC Mall wanted to bring in all automakers and dealers. He said it was in talks with most of these companies.

Fusion-tech Mall will open before yearend and have as anchor a 10,000-square-meter call center surrounded by technology oriented retailers, Wuson said.

Wellness Mall, expected to be operational by 2007, will provide wellness and lifestyle products and services including medical clinics, laboratories, pharmaceutical and beauty centers, children's playground, fitness gyms and spas, Wuson said.

^^ Kaya pala "MC" Mall because of Mcdo's involvement in the project. so we'll call this "Mac" Mall? not "eMCee" Mall? lol

too many malls now... :D

:puke: Do we really need yet another mall in Ortigas? There are way too many malls now.

^^ I know Metro Manila is so full of them. Where are the public schools and libraries?

It's at the other end of Ortigas so it's not exactly the same market as the big malls. It access the C5 travellers. Plus a big chunk of the malls they put up actually have call centers on the upper floors as the most valuable retail space is limited to the 1st and 2nd floors.

Public Schools are plentiful (at least in MM) Public Libraries are too few, of course these are government not private projects. If someone can figure out how to make money from running a library, I'm sure we'll have more of them!

Heard that the Ocean Harbour Center type project at the back of the Quirino Grandstand (the unfinished boardwalk project) is a definite go. They've already signed with the Government and are bidding out the contracts already. Looks real nice, with one of those underwater tubes you walk under the aquarium and lots of activities like swim with the whales and sharks. Supposed to give Ocean Adventure in Subic a real run for it's money. And back to malls , of course it will have a mall:)

Heard that the Ocean Harbour Center type project at the back of the Quirino Grandstand (the unfinished boardwalk project) is a definite go. They've already signed with the Government and are bidding out the contracts already. Looks real nice, with one of those underwater tubes you walk under the aquarium and lots of activities like swim with the whales and sharks. Supposed to give Ocean Adventure in Subic a real run for it's money. And back to malls , of course it will have a mall:)

Sounds great! Looking forward to this.

The more malls in ortigas the better, so it can regulate the never ending jam-packed crowd traffic in megamall....

^ but aren't most malls around Megamall anyways it's just clogging up more roads?

more excited about this first of its kind in Metro Manila, before we had to go in long out of town trips to Subic or in Batangas or somewhere to see blue waters and fish;)

Vol. XIX, No. 132
Thursday, January 26, 2006 | MANILA, PHILIPPINES

Property & Infrastructure

Other stories
Bayview living

Wake up to the serenity of the bay atop the Mayfair Tower along U. N. Ave. in Ermita, Manila. The 33-storey luxury condominium building has units that range from one, two, three and five bedrooms. Mayfair Tower, with first-class amenities, has an oval-shaped upper deck profile and tranquility garden on the 30th level view deck. It provides instant access to restaurants, hotels, schools, entertainment and recreational establishments which cater to people with different nationalities and from all walks of life. Mayfair Tower is a project of Anchor Land Holdings, Inc., the same group behind the development of Lee Tower in Binondo, Manila.
Model units

DMCI Homes, the real-estate business unit of construction major D. M. Consunji, Inc. said Mahogany Place’s model units are ready for viewing. The three designer model houses, namely, Andres and Cristina (single-attached) and Beatrice (single-detached) along with the development’s clubhouse have been completed earlier than expected. Mahogany Place is adjacent to the Global City and is close to the Makati and Ortigas business districts. Mahogany Place has a playground, jogging paths, swimming pool, fitness gymnasium, covered basketball and badminton courts, garden gazebos, KTV room and other recreational facilities.
Forbeswood Heights

Forbeswood Heights, the six-tower project of Megaworld Corp. and Bonifacio West Development Corp. at the Forbes Town Center in Bonifacio Global City, Taguig, is 62% complete. The 16-storey Agoho and 18-storey Cambridge have been topped off with architectural finishing and electromechanical installation under way. Bauhinia and Evergreen, with 18 storeys each, and the 15-storey Dorchester have also been topped off with wall partitioning and exterior works still to be finished. Meanwhile, concreting for Florida has reached the 11th level. Agoho, Bauhinia and Cambridge are scheduled for turnover by June 2006, and Dorchester, Evergreen and Florida by June 2007. Forbeswood Heights features executive studios to one-bedroom suites overlooking a 5,500-square meter central park. Its resort-style amenities include a swimming pool complex, sunbathing lounge, multipurpose hall, gymnasium, jogging trail, tennis court, mini-putting green and children’s playground.
Residences at Greenbelt

The success of an Ayala Land residential project includes timely delivery without compromising construction safety. Thus, the achievement of two million safe man-hours with construction on schedule for The Residences at Greenbelt’s Laguna Tower was marked with a ceremony at the project site in Makati City. The safety program for the Residences at Greenbelt was a combined effort of Ayala Land Premier with its technical project team comprised of Design Coordinates, Jose Aliling and Associates and EEI Corp. The event also recognized individuals who performed well in compliance with safety standards based on different categories.
Worldbex affair

Worldbex Services International (WSI) is gearing up for the 11th annual World Building & Construction Expo (Worldbex) on March 7-11 at the World Trade Center, Pasay City and WTCMM air-conditioned tent. The expo showcases items from local and foreign exhibitors. The affair was attended by 80,000 individuals during its five-day run last year. Over 400 companies in 808 booths occupied the World Trade Center, the adjoining Philippine Trade Center and a fully air-conditioned tent between the two buildings. Ninety-five of the booths were companies from Australia, China, Europe, South Korea, Malaysia and the United States.
Third-quarter delivery

The construction of One Orchard Road, a residential condominium project of major property developer Megaworld Corp. in Eastwood City, Libis, Quezon City, has reached the 76% completion mark and is set for delivery in the third quarter. The project’s structural and excavation works are finished, with all three towers topped off at the 39th deck level. Painting works, granite cladding and architectural finishing are also complete at the podium and basement levels. In progress are plumbing and electromechanical works. One Orchard Road features a mix of executive studios to three-bedroom homes matched by an array of play amenities that include an indoor spa and sauna, tropical gardens at the sixth level podium deck and a retail arcade at the ground level.

construction spots on BGC..

Hamptons Place
http://img.photobucket.com/albums/v162/pau_p1/DSC06881.jpg

The Icon
http://img.photobucket.com/albums/v162/pau_p1/DSC06878.jpg

The Conservatorium
http://img.photobucket.com/albums/v162/pau_p1/DSC06836.jpg

Fairways Towers
http://img.photobucket.com/albums/v162/pau_p1/DSC06828.jpg

Net Square and the Bellagio and Forbes
http://img.photobucket.com/albums/v162/pau_p1/DSC06845.jpg

Serendra
http://img.photobucket.com/albums/v162/pau_p1/DSC06843.jpg

thanks pau!!!!! YEAY!!!!! new camera?

hmm... the Conservatorium.. have i missed that out being released:? the rendering is too blurry to make proper observation though

it's probably just a new photohost, imagestation i think charges for use now, photobucket is way better anyways if you need only 250mb of space

well the Conservatorium were posted here before.. around October or November last year maybe.... this lot is situated near the Essensa and just beside the rotund at the American Cemetery.... that poster is very much faded when I saw it and the place is very much filled with trees like the lot was abandoned... even the watch tower on the lot is abandoned...

@Isagani... well I'm still using the same Sony Cybershot that I use...

just some suggestions...

would it be nice if the phil. government build an international standard or much better olympic village somewhere in reclamation area in manila one day if can only host a summer olympic next time? also, i think they need to expand the reclamation area up to cavite and i think what we need to build within that area are, new manila zoo somewhere in manila-cavite boundery, exhibition place and within it are a new race track that can host formula one and motorcycle race, the star city, and marine land... meanwhile outside that exhibition place, west of coastal road near the mall of asia is a combination of dense high rise commercial/residential, 1 or 2 - 7 star hotels, philippine hero's memorial park, centennial park, freeway that connects to edsa that travels north and south bound all the way to cavite, subway rail system along roxas blvd that runs north and south, monorail that run around the whole reclamation area that connects to naia, embassy place where all allied nation's embassy that should be transfered incl. the u.s, a north-south bound draw-bridge across manila bay connecting the reclamation area to the south tip of the south manila harbor and travelling east to the u.n. avenue...

lastly, 2 things, first my ever dream of, a rizal freedom tower in luneta or in the present site of luneta grandstand, and the future home of our country's leader, new malacanang palace or maharlika imperial palace that is surrounded by phil. hero's memorial park and centennial park away from the highrise buildings but in front of the 12 lane freeway where future military parade should be held...

:D

west of coastal road near the mall of asia is a combination of dense high rise commercial/residential

Uhhm, have you heard of the Bay City CBD project? Are you a newbie?

http://www.skyscrapercity.com/showthread.php?t=170913
^^ Bay City Central Business district.

just some suggestions...

would it be nice if the phil. government build an international standard or much better olympic village somewhere in reclamation area in manila one day if can only host a summer olympic next time? also, i think they need to expand the reclamation area up to cavite and i think what we need to build within that area are, new manila zoo somewhere in manila-cavite boundery, exhibition place and within it are a new race track that can host formula one and motorcycle race, the star city, and marine land... meanwhile outside that exhibition place, west of coastal road near the mall of asia is a combination of dense high rise commercial/residential, 1 or 2 - 7 star hotels, philippine hero's memorial park, centennial park, freeway that connects to edsa that travels north and south bound all the way to cavite, subway rail system along roxas blvd that runs north and south, monorail that run around the whole reclamation area that connects to naia, embassy place where all allied nation's embassy that should be transfered incl. the u.s, a north-south bound draw-bridge across manila bay connecting the reclamation area to the south tip of the south manila harbor and travelling east to the u.n. avenue...

lastly, 2 things, first my ever dream of, a rizal freedom tower in luneta or in the present site of luneta grandstand, and the future home of our country's leader, new malacanang palace or maharlika imperial palace that is surrounded by phil. hero's memorial park and centennial park away from the highrise buildings but in front of the 12 lane freeway where future military parade should be held...

:D

if only we have the money.. its all about the money.. :D

pau thanks for the updates. do you happend to have more of serendra pictures by any chance? would like to see my unit, from 11th street, the 3rd cluster of building to the right. thanks

construction spots on BGC..

Hamptons Place
http://img.photobucket.com/albums/v162/pau_p1/DSC06881.jpg



Nice Pics Pau_p1.....

Sorry, I couldn't help but noticed. Is that the new fashion walk in Manila, an attempt to cover the head from the sun's rays by hand...tsk,tsk,tsk

I wonder what's keeping the Pinoys from wearing a hat to protect the head (and eyes) from the sun's rays. Wala nang hiya hiya at magsuot ng hat.

Somebody need to start a "hat" fashion statement out there !!!! Malapit na ang summer !!!

example:

sinamay hat:

http://www.peral.net/gallery/sinhat.jpg

http://www.peral.net/gallery/SH-01.jpg
the flower accent is detachable para dun sa ayaw ng dainty style

blue Quigmay hat:
http://www.peral.net/gallery/SH-03.jpg

http://www.lauraslids.com/spr_97/spr96.jpg

abaca made hat with a matching bag pa
http://www.peral.net/gallery/braidabaca.jpg

is there any building proposal or a uc building that will beat pbcom in terms of height? thanks :D

^ The only one that has a chance right now is EGI Skycity but its up to the courts, the company's credit line with China Bank, and would be E.Ganzon Inc shareholders such as myself if the company goes public to make that happen... ;)

how tall? any pictures?

it would be around 300 meters, there is a thread in Projects on the Rise so please just browse for it.

but to continue on what Wally said, besides that there is no real concrete project ie one that has started construction that is above 259 meters, PBcoms height. The nearest is 213 meters, the St. Francis Twins

Great updates, Paul:) So does that mean that the Conservatorium is cancelled? It looks awesome from the rendering.

For some reason I can't seet the pix.

Isnt' that conservatorium an old project that was cancelled. Unless they revived it, I remember in 90's there was a project with exactly that name but sa alam ko wala na iyan.

Great updates, Paul:) So does that mean that the Conservatorium is cancelled? It looks awesome from the rendering.

actually I don't know either... but yeah it looked good...

For some reason I can't seet the pix.

Isnt' that conservatorium an old project that was cancelled. Unless they revived it, I remember in 90's there was a project with exactly that name but sa alam ko wala na iyan.

but that construction site with its rendering is still relatively new...i mean not more than 2 years old, i think. I havent even seen the site, or even noticed it.

yeah that's the same conservatorium project before the asian crisis, it is a very neat project, expensive during that time. no idea whether the developer sold the land or it is just on hold until now...would be nice to see it built though

Uhhm, have you heard of the Bay City CBD project? Are you a newbie?

nope not yet... thanks for the link dude.

http://www.geocities.com/metro_manila_philippines/baycity.jpg

thank you! wow its like a dream comes true, just minus my new malacanang palace, olympic village, race track for formula one and such, new home for manila zoo, and my little airstrip 500 meters west of star city... wow, but i think there is still a chance, yup reclaim more and build my dreams...


mabuhay! :)

http://www.skyscrapercity.com/photopost/data/500/93mmaerial.jpg

i can see that the global city is in the airport's path, kaya siguro mababa ang presyo ng lupa doon at madaling makapag invest.

anyway, seems like my prayers and day dreaming is working... hehehe... just wondering that we should reserve vast areas or reclaim more areas in manila bay for future olympic village including a world class stadium and our future new presidential palace, memorial park for fallen soldiers and policemen with their name inscripted in it, and a new city hall with parks around it....

nice pic anyway, anymore? :)

we got more pics here:

http://edmundtanso.smugmug.com/photos/5262865-L.jpg

nice... :D

^ That's quite an awesome idea there @AH-7Raja. Did you design that yourself? It looks like downtown Manhattan's Canyon of Heroes.

nah that's a photo he probably found, i've seen that a lot of times i think it's one of those bay city, reclaimed land plans.

nah that's a photo he probably found, i've seen that a lot of times i think it's one of those bay city, reclaimed land plans.

Yeah, its quite an old rendering made by HOK (US based architectural firm).

i've seen in the bluprint magazine the proposed designs for the CCP complex redevelopment. the ones posted here by edmundtanso were the best so far...

^^ still proposal??

construction at the corner of EDSA and Pasay Road.. I read before that this should be a multi-storey parking building but it doesn't look like one now..

http://img.photobucket.com/albums/v162/pau_p1/DSC06892.jpg

^ That's quite an awesome idea there @AH-7Raja. Did you design that yourself? It looks like downtown Manhattan's Canyon of Heroes.

nope... u guys are really great with your professional photos... i love it! :D

do you have any pictures about that proposed new ccp complex? thanks! :)

There are pics in the CCP Thread. :)

i've seen in the bluprint magazine the proposed designs for the CCP complex redevelopment. the ones posted here by edmundtanso were the best so far...

oh mate you gotta show that to us:D

hmm..looks like construction is halted in that 'parking lot':?

is it on hold/?

good question. let's ask the locals but from the looks of it.... no crane, no workers... looks like it is

guys maalala ko nga pala nilunch na ung tower 2 ng icon paki check na lang

so they're both being release kahit hindi pa tapos yun una?

yeah that's the same conservatorium project before the asian crisis, it is a very neat project, expensive during that time. no idea whether the developer sold the land or it is just on hold until now...would be nice to see it built though

hi Edmundtanso!
got some info bout the cancelled project:

The Conservatorium Condominium Project Tower
Docket No.: ENCR-REM-1997-111
Location: Fort Bonifacio, Taguig, Metro Manila
Developer: Primetown Property Group
Classification: Residential and Commercial Condominium

According to:
MASTERLIST OF PROJECTS
TAGUIG

I remember that project. That was my most anticipated skyscraper when I was a kid because it looked so good on paper - a garden inside a scraper on all floors. Too bad it's cancelled.

hi Edmundtanso!
got some info bout the cancelled project:

The Conservatorium Condominium Project Tower
Docket No.: ENCR-REM-1997-111
Location: Fort Bonifacio, Taguig, Metro Manila
Developer: Primetown Property Group
Classification: Residential and Commercial Condominium

According to:
MASTERLIST OF PROJECTS
TAGUIG

i fugure.....but it was a great project. primetown property group is still around right? what other projects are they currently doing?

ALI allots P4B for comm’l center construction, mall expansion
By Zinnia B. Dela Peña
The Philippine Star 02/06/2006

Ayala Land Inc. is spending around P4 billion for the expansion of Greenbelt mall and the construction of a commercial center at the depot of the Metro Rail Transit in the North Triangle area in Quezon City.

ALI senior vice-president and chief finance officer Jaime Ysmael said the development of the North Triangle commercial center is estimated to cost about P3 billion. The 200,000-sqm mall is expected to be completed by the first half of 2007 with Landmark as the anchor department store.

The mall will also have a new public transport terminal to be developed in the depot site, which will make the commercial center a major inter-modal transport hub and public convergence point in Quezon City

Ysmael said the remaining P1 billion will go to the construction of Greenbelt 5 with around 30,000 square meters of gross leasable area. The project is expected to be completed in 2007 as well.

ALI president Jim Ayala said the company is also reviewing the old masterplan for Fort Bonifacio to capitalize on emerging opportunities given the continued recovery of the property sector.

"We’re studying the old masterplan. We feel that there could be significant improvements. ALI allots... From B-1

We’re adding new facilities," Ayala said.

In the office leasing segment, ALI is building an eight storey structure for Hongkong ang Shanghai Bangking Corp. (HSBC) in a 12,000-square meter lot in Fort Bonifacio. It is also developing a call center building for INFONXX, a directory call center on a 10,000 square meter lot in Sta. Rosa, Laguna.

The company is planning to develop more build-to-suit office buildings outside the Makati Central Business District. It completed People Support Center in April 2005.

Apart from this, ALI has embarked on its first leisure project called Anvaya Cove, a high-end seaside residential resort community to be developed on over 320 hectares of land in Morong, Bataan.

Ysmael said funding for the company’s projects will come from internally generated cash.

To broaden market reach and tap the growing market of overseas-based Filipinos, ALI will launch new residential projects for the middle-income and mass housing markets and continue to roll out new phases in existing projects including Ayala Westgrove Heights, Ayala Greenfield Estates and Serendra.

"As the company builds up its product portfolio across a wider market, it will continue to put emphasis on cost efficiency to preserve margins and deliver the best value for money for its customers," ALI said.

ALI said the new product offerings will be complemented by intensified sales and marketing efforts to attract more clients.

ALI, which builds upscale malls, high-rice offices and residential developments, continues to pursue growth opportunities including new products and projects in new geographic areas and markets. When completed, these projects are expected to significantly augment the company’s recurring revenue stream.

Article taken from: Business World
Vol. XIX, No. 139
Monday, February 6, 2006 | MANILA, PHILIPPINES
http://www.bworldonline.com/BW020606/content.php?id=041

BY RUBY ANNE M. RUBIO, Reporter

Fort Boni master plan being tweaked as project set for relaunch. The master plan for the Bonifacio Global City in Taguig is being tweaked ahead of a move to relaunch the project.

Ayala Land, Inc., the country’s largest real-estate developer, said improvements are being made on traffic circulation, distributing open space and amenities to make the lot more attractive to prospective owners, and cutting the lots into different sizes so they are easier to sell.

"When we relaunch, we want to start focusing on the people that will be buying the larger lots suitable for office," Ayala Land President Jaime Ayala said.

"We feel there is a new master plan which will make it a successful development. That plan is going through the process of getting approvals from the local government and owners of the area. That process is pretty much done. We are ready in the next few months of relaunching that. It will give potential buyers a clearer sense of what they are buying into. We can be clearer about that," he said.

In 2003, Ayala Land and Evergreen Holdings, Inc. of the Campos Group purchased from Metro Pacific Corp. a controlling stake in Bonifacio Land Corp. The Ayala-Campos group is now the government’s partner in Fort Bonifacio Development Corp., which spearheads the master-planning of the Bonifacio Global City.

For other Ayala Land projects, Mr. Ayala said the company expects to open the 200,000-square meter North Triangle Depot Commercial Corp. in Quezon City next year.

At the sidelines of the launch of the Ayala Homestarter Bond, he said the company had lined up projects to tap available market opportunities. But he declined to disclose potential locations.

He said 2006 "will be a very busy year" for the company. "We are hoping our market stays stable for this year. Real estate is hard to [predict] since there are many things that affect it. If we continue to have the environment right now of a very stable peso, low interest rates, we feel there could be additional expansion as the banks are providing financing and the overseas Filipino workers [OFWs] market remains strong."

The North Triangle Depot has appointed Ayala Land as development manager to exclusively direct all project design and development activities. It also has been designated manager of commercial center operations, which are scheduled to begin in 2007.

This development is envisioned to be a third city center after the Makati and Ortigas business districts. A super-regional shopping center will serve as the anchor development. It will involve a four-storey integrated retail center with a gross leasable area of approximately 162,000 square meters. Of this, 90,000 square meters will represent the mall proper which will be built by the North Triangle Depot, while the balance of 72,000 square meters shall constitute two adjacent anchor buildings to be funded and built by third-party retail developers to sublease from the North Triangle Depot.

Also scheduled to be opened next year is Greenbelt 5.

Ayala Land has allotted "more than" P1 billion for the construction of Greenbelt 5 wherein a substantial part of it will be funded by cash flow from shopping center leases.

"The malls and shopping cen-ter is a very competitive industry. Every mall has to come up with fresh ideas and new products. We are going to be putting up Greenbelt 5. We can let them announce it when they are ready," Mr. Ayala said.

"When you go to Greenbelt, their tagline is ’Everything is beautiful here.’ We want to create that kind of environment when you go to Greenbelt; it is place where you want to celebrate. It is still missing out a bit of retail. While it will have restaurants, we are going to add some retail. It will be very high-end market. It is connected to Greenbelt 4, which is the highest end. We will have very attractive brands and concepts. We will have new ones, of course. What you find in shopping centers is always updating new projects," Mr. Ayala said.

Business process outsourcing buildings are expected to boost Ayala Land office revenues after completing its first outsourcing facility for PeopleSupport Center in April 2005, and a building for Convergys, its second, in October.

Ayala Land started tapping demand for outsourcing space outside Metro Manila. In July, it broke ground on the two-storey Infonxx Building in Sta. Rosa in Laguna with 5,612 square meter of gross leasable area. This was completed in November and will provide jobs for some 1,200 call center professionals.

"We see quite robust growth in that sector driven by success of the country in call centers and BPO [business process outsourcing]. We feel that is an attractive market. BPO market can be anywhere. They don’t have to be in a central business district. Our plan is to offer space in the central business district, which is more expensive, but also to give them space in other areas. It can be in the north, south, or Cebu. We are looking at other locations suitable to BPO and make it available. When somebody comes, they have a choice where to locate," he added.

The company said its program to increase shareholder value remains on track. It will continue to tap new sources of growth and make its presence felt in new market and geographic areas through projects such as Anvaya Cove, an integrated leisure and residential project in Morong, Bataan, and the Celadon Residences and Avida Towers in Manila.

"Real estate is a very important industry in the country. If it is strong, investments are big and employ a lot of people. Real estate and retail are very important drivers of the economy. If you have a stable environment, these sectors can grow, if it does, it has a multiplier effect. We are hopeful it will remain stable so we can see growth," Mr. Ayala said.

Ayala Land is to issue the first tranche of three-year bonds to retail investors amounting to P252 million on Feb. 16.

The listed company launched the Homestarter Bond to allow prospective customers to build up funds for downpayment covering homes offered by Ayala Land and its subsidiaries Community Innovations and Avida Land Corp., formerly Laguna Properties Holdings, Inc.

The new masterplan will be more or less similar to the one I posted before from one of ALI's presentation about the revised BGC Masterplan which is set or launching within 1Q-2006.

Check out our list of Projects..

Robinsons Land Corporation - 2nd Largest Real Estate Conglomerate in the Philippines today, backed up by JG Summit Group of companies..

www.geocities.com/bevepi/bvpmain.html

www.robinsonsproperties.com.ph (http://www.robinsonsproperties.com.ph)

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