ORTIGAS CENTER | One Galleon Place [75F|mix]

-TC- · September 1st, 2008, 03:11 AM

http://www.bworldonline.com/BW090108/content.php?id=043

Ortigas & Co. to build RP’s tallest structure; expansion plan bared
K. J. R. Liu
BusinessWorld
September 1, 2008

PROPERTY DEVELOPER Ortigas & Co. Ltd. Partnership is erecting in Pasig City what it hopes to become the country’s tallest building.

The 75-storey structure will rise on a one-hectare property in Ortigas Center, Deputy Chief Operating Officer and Shopping Center Division Head Joselito F. Santos said in an interview last week.

One Galleon Place will become the country’s tallest building, beating the 52-storey PBCom Tower in Makati and the world’s eighth tallest building, the 69-storey Shun Hing Square in Shenzhen, China.

Mr. Santos said the skyscraper would be divided into two portions — the upper half dedicated to a five-star hotel and the lower half for office units.

No date has yet been given for the project. "It is in the plan. As of the moment, we are still concentrating on our other projects," Mr. Santos said.

The Ortigas group also plans to start the second phase of renovating Greenhills Shopping Center in San Juan by 2010, as it adds at least 50,000 square meters more to its 100,000-square meter floor area.

"We plan to have a bigger Greenhills [by setting up] new buildings and having better amenities. We plan to invite brands like Mango and Zara although we are not going high-end with our stores," Mr. Santos said.

The company also wants to widen the space of the mall’s bazaars, which he said gives Greenhills its unique identity.

Aside from expanding Greenhills, Ortigas & Co. is also expanding the Music Museum by 2010 so it can have up to 1,000 seats where plays, concerts and other performing arts can be held. Construction will start next year, Mr. Santos said.

Like other property developers that have diversified into the outsourcing industry, Mr. Santos said the company would start the construction of two of four business process outsourcing (BPO) buildings at Tiendesitas in Pasig by the fourth quarter.

The company earlier disclosed a plan to build four BPOs at the Tiendesitas complex to take advantage of the growing demand for office units from the outsourcing industry. "Demand is still strong," he added.

The four-storey BPO buildings will stand on a 20,000-square meter property. The first two buildings are expected to start operating by the first quarter of 2010.

"We hope to start the construction of the third and fourth buildings by the middle of next year," Mr. Santos said.

"The BPOs will not compete with the residential buildings although they have become a bigger component of the company’s business portfolio," he added.

The company earlier said that it was spending P15 billion over the next decade to convert a 12-hectare property in Quezon City into a mixed-use community.

The project, which will target the middle-income market, will consist of residential condominium units and townhouses.

It will have 5,000 units in low- and high-rise buildings, with price tags ranging from P2.5 million to P3 million per unit.

The first phase of the project will involve the construction of five buildings this year.

JustHorace · September 1st, 2008, 03:17 AM

Wow, Ortigas is finally catching up!

wheel of steel · September 1st, 2008, 04:20 AM

dwarfing Metrobank by several floors...

[dx] · September 1st, 2008, 04:31 AM

cool. that's tall. where exactly in Ortigas?

***RonnieR*** · September 1st, 2008, 04:41 AM

This will rock Ortigas Center....a towering skyscraper!

diz · September 1st, 2008, 04:43 AM

We're finally gonna beat Bangkok, IMO!

pau_p1 · September 1st, 2008, 05:45 AM

woohooo.... I hope this becomes a reality!!!

mygz14 · September 1st, 2008, 06:53 AM

I hope this would not be an EGI SkyCity. I have my fingers crossed.

dvbaicrviser · September 1st, 2008, 07:09 AM

Shung Hing Square/Shenzhen/1,260 ft (384m). One Galleon Place will be taller!

raf · September 1st, 2008, 09:25 AM

is this for real? where exactly are they going to build it?

flymordecai · September 1st, 2008, 09:39 AM

Can't wait for this! So happy to hear more supertall developments in the Philippines!

steadyasweroll · September 1st, 2008, 09:53 AM

wee... this will be the tallest building in the philippines...

Shazzam · September 1st, 2008, 10:54 AM

Quote:

Originally Posted by -TC-

http://www.bworldonline.com/BW090108/content.php?id=043

Ortigas & Co. to build RP’s tallest structure; expansion plan bared
K. J. R. Liu
BusinessWorld
September 1, 2008

PROPERTY DEVELOPER Ortigas & Co. Ltd. Partnership is erecting in Pasig City what it hopes to become the country’s tallest building.

The 75-storey structure will rise on a one-hectare property in Ortigas Center, Deputy Chief Operating Officer and Shopping Center Division Head Joselito F. Santos said in an interview last week.

One Galleon Place will become the country’s tallest building, beating the 52-storey PBCom Tower in Makati and the world’s eighth tallest building, the 69-storey Shun Hing Square in Shenzhen, China.

Mr. Santos said the skyscraper would be divided into two portions — the upper half dedicated to a five-star hotel and the lower half for office units.

No date has yet been given for the project. "It is in the plan. As of the moment, we are still concentrating on our other projects," Mr. Santos said.

The Ortigas group also plans to start the second phase of renovating Greenhills Shopping Center in San Juan by 2010, as it adds at least 50,000 square meters more to its 100,000-square meter floor area.

I guess we should not get super excited on this supposed project yet.

Can someone among us here tell the exact location where this project is going to be? Humina ang radar ko sa Ortigas Center bigla

barukdok · September 1st, 2008, 10:43 AM

agree. i'm taking this announcement with a grain of salt. too sketchy.

ryanr · September 1st, 2008, 06:06 PM

Quote:

Originally Posted by barukdok

agree. i'm taking this announcement with a grain of salt. too sketchy.

Me too. It's nice to hear, but they don't even have a timeline for this project yet.

c0kelitr0 · September 1st, 2008, 12:50 PM

OMG, kinilabutan ako! i'll seriously stop smoking now or else baka i'll be dead na before this project gets erected.

taller than 384m??

pretty please, itayo nyo 'to!!

Jude12 · September 1st, 2008, 01:45 PM

Whoa. This just made my day! 75 storeys? That's a sure Supertall! Hoping for 390+ meter tall tower. Please lang!

I'm really excited.

Is there a thread for this in the Supertall section?

c0kelitr0 · September 1st, 2008, 03:12 PM

no need for a new thread just yet. we will have to wait for an official announcement and rendering

Jude12 · September 1st, 2008, 03:23 PM

oh is that so. Okay

blue_summit1 · September 1st, 2008, 04:01 PM

hopefully matuloy na tlga to..

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September 1st, 2008, 03:11 AM	#1
-TC- TC in the OC Join Date: Nov 2006 Posts: 2,885 Likes (Received): 0	ORTIGAS CENTER \| One Galleon Place [75F\|mix] http://www.bworldonline.com/BW090108/content.php?id=043 Ortigas & Co. to build RP’s tallest structure; expansion plan bared K. J. R. Liu BusinessWorld September 1, 2008 PROPERTY DEVELOPER Ortigas & Co. Ltd. Partnership is erecting in Pasig City what it hopes to become the country’s tallest building. The 75-storey structure will rise on a one-hectare property in Ortigas Center, Deputy Chief Operating Officer and Shopping Center Division Head Joselito F. Santos said in an interview last week. One Galleon Place will become the country’s tallest building, beating the 52-storey PBCom Tower in Makati and the world’s eighth tallest building, the 69-storey Shun Hing Square in Shenzhen, China. Mr. Santos said the skyscraper would be divided into two portions — the upper half dedicated to a five-star hotel and the lower half for office units. No date has yet been given for the project. "It is in the plan. As of the moment, we are still concentrating on our other projects," Mr. Santos said. The Ortigas group also plans to start the second phase of renovating Greenhills Shopping Center in San Juan by 2010, as it adds at least 50,000 square meters more to its 100,000-square meter floor area. "We plan to have a bigger Greenhills [by setting up] new buildings and having better amenities. We plan to invite brands like Mango and Zara although we are not going high-end with our stores," Mr. Santos said. The company also wants to widen the space of the mall’s bazaars, which he said gives Greenhills its unique identity. Aside from expanding Greenhills, Ortigas & Co. is also expanding the Music Museum by 2010 so it can have up to 1,000 seats where plays, concerts and other performing arts can be held. Construction will start next year, Mr. Santos said. Like other property developers that have diversified into the outsourcing industry, Mr. Santos said the company would start the construction of two of four business process outsourcing (BPO) buildings at Tiendesitas in Pasig by the fourth quarter. The company earlier disclosed a plan to build four BPOs at the Tiendesitas complex to take advantage of the growing demand for office units from the outsourcing industry. "Demand is still strong," he added. The four-storey BPO buildings will stand on a 20,000-square meter property. The first two buildings are expected to start operating by the first quarter of 2010. "We hope to start the construction of the third and fourth buildings by the middle of next year," Mr. Santos said. "The BPOs will not compete with the residential buildings although they have become a bigger component of the company’s business portfolio," he added. The company earlier said that it was spending P15 billion over the next decade to convert a 12-hectare property in Quezon City into a mixed-use community. The project, which will target the middle-income market, will consist of residential condominium units and townhouses. It will have 5,000 units in low- and high-rise buildings, with price tags ranging from P2.5 million to P3 million per unit. The first phase of the project will involve the construction of five buildings this year. __________________ www.OneCentral.com.ph

September 1st, 2008, 03:17 AM	#2
JustHorace Athenaei Manilani Curator Join Date: Dec 2005 Location: Manila Posts: 2,085 Likes (Received): 18	Wow, Ortigas is finally catching up! __________________ Excellence is a choice.

September 1st, 2008, 04:20 AM	#3
wheel of steel Registered User Join Date: Jul 2007 Posts: 6,055 Likes (Received): 29	dwarfing Metrobank by several floors... __________________ Where Economic Miracle Awaits You!!! Subic-Clark, Batangas, Metro Cebu, CDO-Iligan

September 1st, 2008, 04:31 AM	#4
[dx] Ahead of the Curve Join Date: Oct 2004 Location: Legazpi y Pasig Posts: 1,782 Likes (Received): 45	cool. that's tall. where exactly in Ortigas? __________________ Dios Marhay na Albay! LEGAZPI ON THE WEB: VISIT LEGAZPI \| FACEBOOK \| TWITTER \| TUMBLR \| FLICKR \| SKYSCRAPERCITY \| PINTEREST \| YOUTUBE

September 1st, 2008, 04:41 AM	#5
*RonnieR* Moderator Join Date: Jul 2007 Location: Metro Manila Posts: 3,888 Likes (Received): 587	This will rock Ortigas Center....a towering skyscraper!

September 1st, 2008, 04:43 AM	#6
diz Unregistered User Join Date: Nov 2005 Location: Rip City Posts: 10,477 Likes (Received): 37	We're finally gonna beat Bangkok, IMO! __________________ diz's Gallery \| one photo per whenever \| my Portland \| more Portland other cities: Calgary latest travel blog post: 3.13.2013 \| When I root, I root for the Timbers!

September 1st, 2008, 05:45 AM	#7
pau_p1 Proud to be Filipino Join Date: Apr 2004 Location: Metro Manila, Singapore Posts: 3,559 Likes (Received): 51	woohooo.... I hope this becomes a reality!!! __________________ ------ PauTravels------ Updated List of Countries Pinoys can visit without a visa...HERE Follow PauTravels on Facebook

September 1st, 2008, 06:53 AM	#8
mygz14 Whoa! Join Date: Jan 2006 Location: Cavite City Posts: 523 Likes (Received): 0	I hope this would not be an EGI SkyCity. I have my fingers crossed.

September 1st, 2008, 07:09 AM	#9
dvbaicrviser dwtc keeper Join Date: May 2007 Location: dubai Posts: 213 Likes (Received): 2	Shung Hing Square/Shenzhen/1,260 ft (384m). One Galleon Place will be taller!

September 1st, 2008, 09:25 AM	#10
raf rafflesia Join Date: Nov 2005 Posts: 245 Likes (Received): 0	is this for real? where exactly are they going to build it?

September 1st, 2008, 09:39 AM	#11
flymordecai Registered User Join Date: Jan 2006 Posts: 951 Likes (Received): 13	Can't wait for this! So happy to hear more supertall developments in the Philippines!

September 1st, 2008, 09:53 AM	#12
steadyasweroll Registered User Join Date: Sep 2007 Location: Iloilo City Posts: 326 Likes (Received): 3	wee... this will be the tallest building in the philippines...

September 1st, 2008, 10:43 AM	#14
barukdok BANNED Join Date: Sep 2007 Location: batanes--tawi-tawi Posts: 518 Likes (Received): 0	agree. i'm taking this announcement with a grain of salt. too sketchy.

September 1st, 2008, 12:50 PM	#16
c0kelitr0 Resident Whore Join Date: Jul 2005 Location: Manila Posts: 2,528 Likes (Received): 0	OMG, kinilabutan ako! i'll seriously stop smoking now or else baka i'll be dead na before this project gets erected. taller than 384m?? pretty please, itayo nyo 'to!! __________________ I love you, MANILA!

September 1st, 2008, 01:45 PM	#17
Jude12 Architecture Student Join Date: Jun 2007 Location: Manila - Sydney - Hong Kong Posts: 3,078 Likes (Received): 1	Whoa. This just made my day! 75 storeys? That's a sure Supertall! Hoping for 390+ meter tall tower. Please lang! I'm really excited. Is there a thread for this in the Supertall section? __________________ My 3D Designs USTArchitecture

September 1st, 2008, 03:12 PM	#18
c0kelitr0 Resident Whore Join Date: Jul 2005 Location: Manila Posts: 2,528 Likes (Received): 0	no need for a new thread just yet. we will have to wait for an official announcement and rendering __________________ I love you, MANILA!

September 1st, 2008, 03:23 PM	#19
Jude12 Architecture Student Join Date: Jun 2007 Location: Manila - Sydney - Hong Kong Posts: 3,078 Likes (Received): 1	oh is that so. Okay __________________ My 3D Designs USTArchitecture

September 1st, 2008, 04:01 PM	#20
blue_summit1 Strong Republic 2010 Join Date: Aug 2006 Location: Metropolis Manila Posts: 99 Likes (Received): 0	sana matuloy hopefully matuloy na tlga to.. __________________ ----PHILIPPINES the NEWEST INDUSTRIALIZED COUNTRY ---- hip horray -- hip hip horay horay !! -- M A B U H A Y K A P I L I P I N A S *===== * * ===== Strong Republic towards 2010**

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