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Manila City and the rest of the Metro For projects in Manila City, Caloocan, Las Piñas, Malabon, Muntinlupa, Navotas, Parañaque, Pasay, Pateros and Valenzuela



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Old February 7th, 2013, 02:49 AM   #1
reign
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PASAY | Blue Bay Walk[mix]

An outdoor retail , dining and residential development by Federal Land similar to Bonifacio High Street . I think the Six Senses Resorts is also part of this development. it's already under construction






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Originally Posted by Poloman888 View Post
Yep, I saw that development of Federal Land along Edsa Extension behind Toyotal Mla Bay and near their condo projects. It's called "Blue Bay Walk" and is supposed to be similar to Boni High Street - outdoor retail and dining establishments surrounding a park.

Maybe the mods can start a new thread about it.

OT: I think Meridian is across the Blue Bay and Blue Wave land.

thanks

Last edited by reign; February 7th, 2013 at 03:06 AM.
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Old February 7th, 2013, 03:29 AM   #2
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^thanks

Seems like the plan is to "intercept" MOA mall goers (coming from Edsa and Roxas Blvd.) into this area.

If it's like Boni High Street, then great! I read the full page ad in Philstar which said that they will have "high-end and signature" tenants in their spaces.

I hope they maintain adequate security since this is just beside Roxas Blvd. and Edsa Pasay.
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Old February 7th, 2013, 04:45 AM   #3
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Love this. Nakakasawa na ang mga indoor malls. I also wish avenida rizal and cubao can have this kind of development. Avenida rizal, escolta were bustling commercial centers even back as late as in teh 70s and 80s.
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Old February 7th, 2013, 04:53 AM   #4
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Old February 7th, 2013, 05:50 AM   #5
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Strip malls with park in the middle is getting popular in MM. Bonifacio High Street (Taguig) , the upcoming Vertex North ( Quezon City) , The Cuircuit (Makati) and Blue Bay Walk (Pasay). Kaylan kaya magkaroon nito sa city of Manila?
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Old February 7th, 2013, 05:59 AM   #6
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^They have SM Manila
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Old February 7th, 2013, 11:45 AM   #7
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Quote:
Originally Posted by reyvil888 View Post
Strip malls with park in the middle is getting popular in MM. Bonifacio High Street (Taguig) , the upcoming Vertex North ( Quezon City) , The Cuircuit (Makati) and Blue Bay Walk (Pasay). Kaylan kaya magkaroon nito sa city of Manila?
Hopefully in Intramuros but not in that magnitude.
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Old February 8th, 2013, 06:44 AM   #8
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Ayusin lang ang old shopping district like avenida, quiapo, sta cruz, chinatown at escolta, talo yang fort, circuit at blue bay walk. These new shopping street are manufactured and are simulated shopping street. Avenida, escolta and the rest are the real deal. Yun lang bringing them back to their former glory requires everybody's cooperation and a big miracle from above.
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Old February 8th, 2013, 11:38 AM   #9
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Looks promising. I hope it's better executed than High Street.
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Old February 9th, 2013, 07:02 AM   #10
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Bluebay Walk: Next big shopping destination by Federal Land
by (The Philippine Star) | Saturday | Updated February 9, 2013 - 12:00am


Bluebay Walk takes advantage of Metro Park’s natural surroundings and beautiful vista

MANILA, Philippines - Metro Park used to be an area of undeveloped land waiting to be developed. Then with a few strokes of its creative hands, Federal Land, Inc. has transformed this empty canvass into a district that teems with vibrancy and color.

Metro Park will be the home of multiple developments catering to diverse markets such as the residential complexes Bay Garden, Bay Garden Club & Residences, and SixSenses Resort, the proposed GT Museum, events venue Le Pavillon and Le Parc and a host of fascinating places to visit. Adding prestige and attraction to the premier complex is the Bluebay Walk, a highly-anticipated upscale commercial strip this side of Pasay City.

The concept of Bluebay Walk takes advantage of the development’s natural surroundings. Low modern buildings blend with landscaped gardens that are dotted with trees that sway in the cool breeze from the Manila Bay. Pedestrian-friendly walkways are perfect for window-shopping and strolling. A huge garden filled soft, green grass and ornamental plants provide a refreshing respite for the eyes. At the centerpiece of the entire complex is a magnificent fountain, which reflects the blue sky on a clear day. Trees also line up the park, as if embracing the fountain, while its systematic water dance provides a visual eye candy for the children.

This eurban complex will occupy a sprawling 1.3 hectares of retail space that will house high-end luxury brands and international names. It is envisioned to be a major shopping, dining and leisure destination where everything one could possibly want and need is found in this one dynamic place. Bluebay Walk will also serve as an anchor connecting the prime establishments in Metro Park. A network of sleek bridgeway is planned to link it with SixSenses Resort, Bay Garden Club and Residences and Blue Wave Mall. The parking area can accommodate as many as 600 cars at a time.


Metro Park is a 36-hectare master planned community in the Bay Area CBD. It sits at the crossroads of the city’s great and dynamic metropolis and is flanked by some of the most sought-after entertainment sites and tourists destinations in the country such as PAGCOR City, Heritage Hotel and Casino, Hyatt Manila and Casino, Midas Hotel and Radisson Blue Hotel. It is also marked by major metropolitan thoroughfares: EDSA, Roxas Boulevard, Sen. Gil Puyat Avenue and Macapagal Avenue, making it conveniently within reach to and from the NAIA, Makati CBD and Manila

Source: http://www.philstar.com/modern-livin...n-federal-land
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Old February 9th, 2013, 07:15 AM   #11
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Blue Bay Walk at the Metropolitan Park, Macapagal Boulevard Pasay - December 2012

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Old February 9th, 2013, 08:32 AM   #12
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Quote:
Originally Posted by InfinitiFX45 View Post


I like that Statue of Liberty in the park
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Old February 9th, 2013, 08:44 AM   #13
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Quote:
Originally Posted by Poloman888 View Post

I hope they maintain adequate security since this is just beside Roxas Blvd. and Edsa Pasay.
I was there last year, dumaan kami duon sa may Metrobank and there were street children galore asking for spare change sa mga motorists sa stop signal light
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Old February 10th, 2013, 01:50 AM   #14
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this whole development is really huge at 36 hectares bigger than Eastwood , Rockwell and The Circuit. I like the magnificent fountain as the centerpiece of this development. The Blue Bay Walk and Blue Bay Mall is better alternative to MOA complex and will also complement the nearby Entertainment City.


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Originally Posted by InfinitiFX45 View Post
Bluebay Walk: Next big shopping destination by Federal Land
by (The Philippine Star) | Saturday | Updated February 9, 2013 - 12:00am

At the centerpiece of the entire complex is a magnificent fountain, which reflects the blue sky on a clear day. Trees also line up the park, as if embracing the fountain, while its systematic water dance provides a visual eye candy for the children.

This eurban complex will occupy a sprawling 1.3 hectares of retail space that will house high-end luxury brands and international names. It is envisioned to be a major shopping, dining and leisure destination where everything one could possibly want and need is found in this one dynamic place. Bluebay Walk will also serve as an anchor connecting the prime establishments in Metro Park. A network of sleek bridgeway is planned to link it with SixSenses Resort, Bay Garden Club and Residences and Blue Wave Mall.



Metro Park is a 36-hectare master planned community in the Bay Area CBD.

Source: http://www.philstar.com/modern-livin...n-federal-land
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Originally Posted by InfinitiFX45 View Post

Strip Mall







Water Plaza

Met Circle

Aerial View

GT Museum
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Old February 10th, 2013, 08:15 AM   #15
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There's a museum. Nice.
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Old February 10th, 2013, 10:06 AM   #16
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nice. I'm sold, with the water features, curviliniear mid-rise buildings and especially the museum.
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Old February 10th, 2013, 10:09 AM   #17
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Quote:
Originally Posted by reyvil888 View Post
Strip malls with park in the middle is getting popular in MM. Bonifacio High Street (Taguig) , the upcoming Vertex North ( Quezon City) , The Cuircuit (Makati) and Blue Bay Walk (Pasay). Kaylan kaya magkaroon nito sa city of Manila?
How about the Lucky Chinatown Mall? Sabagay, wala namang park sa gitna yun.
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Old February 10th, 2013, 07:27 PM   #18
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GT Capital hikes use of Roxas Blvd property
http://www.philstar.com/business/201...-blvd-property

MANILA, Philippines - The property development arm of tycoon George Ty’s GT Capital Holdings Inc. is increasing the utilization rate of its prime property along Roxas Boulevard.

The construction of offices and the increase in the retail space in the Bluebay Walk project forms part of Federal Land Inc.’s P12-billion capital spending this year, its top official said.

“We expect to replicate our performance last year and add more products in our portfolio, more retail line,” said Federal Land president Alfred Ty.

In the Bay area along Roxas Boulevard, Federal Land launched the Bluebay Walk that offers 30,000 square meters of retail space for restaurants, bars and car parking.

Ty said the property firm is also putting up offices for the business process outsourcing (BPO) sector in the area.

“This one should be exciting because that area is centrally located by the bay area. There is a lot of public transportation that will complement the retail segment,” Ty said.

The 15-story BPO office building will offer about 25,000 square meters of gross leasable area and will be completed next year.

To date, GT Capital has office space in GT Tower and AXA Life towers.

“(Utilization of the Bay area) is still very low. I think just 30 percent. Still a lot of space for development,” Ty said.

Federal Land has put up several residential condominium projects and a Toyota dealership office in the 37-hectare property.

“We have residential projects there, retail and BPO. That one should be in P4-billion range [for capital expenditures],” Ty said.

The property near the Ty Group’s lot has already been developed as the SM Mall of Asia complex composed of residential condominiums, a shopping mall, a hotel and a coliseum.

For capital expenditures, Ty said Federal Land allotted P10 to P12 billion this year, of which P4 to P5 billion will be spent for the Fort Bonifacio developments.

It is higher than the P8-billion Federal Land spent last year, he said, adding that the bulk of this year’s spending will be supported by internally generated cash.

Asked about debt refinancing given low interest rates, Ty said that “it is an option...there is a lot of liquidity in the market so we are looking into that and see what is available.”

Ty said Federal Land is still interested in acquiring a prime lot owned by the Philippine National Bank at the corner of Paseo de Roxas and Gil Puyat in Makati.

Ty said the property can be connected to the office the Metropolitan Bank & Trust Co. office and can also be developed into a residential project with retail space.
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Old February 11th, 2013, 12:00 AM   #19
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Federal Land hikes investment to P12b
by Jenniffer B. Austria | Manila Standard Today | Monday | Posted on Feb. 11, 2013 at 12:01am


Federal Land Inc., the property unit of business tycoon George Ty, is spending up to P12 billion this year, up 50 percent from P8 billion last year, as the company lines up new residential, retail and office development projects.

Federal Land president Alfred Ty said in a recent interview the company was launching new projects this year, including Blue Bay Walk, a retail development along Roxas Boulevard in Pasay City that would offer 30,000 square meters of leasable area.

The first phase of Blue Bay Walk is scheduled for completion before the end of the year.

Ty said the company planned to introduce another 15-story office building within the 37-hectare property in Pasay City. The office building will offer 25,000 square meters of leasable area that will target business process outsourcing companies.

Federal Land has allotted P4 billion to 5 billion for the construction of retail and office projects in Pasay City.

Ty said the company was also studying the possibility of putting up retail and office development projects within a 10-hectare property in Fort Bonifacio Taguig City.

Federal Land is constructing a hotel and high-end residential project in Fort Bonifacio to be called Grand Hyatt Hotel and Veritown project.

“We expect to replicate our performance last year and add more products in our portfolio,” Ty said.

Federal Land will fund this year’s capital spending primarily from internally-generated funds.

Federal Land is among the subsidiaries of GT Capital Holdings Inc., the primary vehicle for the holding and management of the diversified business interests of the family of Ty.

GT Capital also owns direct ownership in Metropolitan Bank & Trust Co., Global Business Power Corp., Toyota Motor Philippines Corp. and Philipine AXA Life Insurance Corp.

GT Capital earlier said it would earmark P40 billion in capital expenditures this year, mainly for real estate and power generation projects.

GT Capital president Carmelo Maria Luza Bautista said earlier the company would push through with the planned issuance of P10 billion bonds this year.

The company is just waiting for the approval of the Securities and Exchange Commission on its application before proceeding with the bond sale.

A registration statement filed with SEC showed GT Capital planned to use the net proceeds from the bond offering to fund various equity calls for the ongoing Toledo or Panay power projects and retail and commercial projects.

Source: http://manilastandardtoday.com/2013/...tment-to-p12b/
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Old February 11th, 2013, 02:13 AM   #20
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More News

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Federal Land sets higher capex for 2013
By: Krista Angela M. Montealegre | InterAksyon.com | Monday | February 11, 2013 12:17 AM


MANILA - The property arm of GT Capital Holdings raised its capital expenditure budget for 2013 to finance the expansion of its residential, office and retail businesses.

Alfred Ty, Federal Land Inc president, said the company is looking to spend P10-12 billion this year compared to the P7-8 billion spent in 2012.

"We expect to replicate our performance last year and add more products in our portfolio," said Ty.

Federal Land is ramping up development in its 37-hectare land at the Manila Bay, allocating P4 billion to expand its retail and office building projects in the reclaimed area.

The real estate firm is adding 30,000 square meters of retail space with the construction of the Blue Bay Walk, a retail center near its Toyota dealership along Roxas Boulevard. The project will be completed later this year.

Federal Land is also constructing a 15-storey office building catering to the business process outsourcing (BPO) market, adding 25,000 square meters of gross leasable space to its office portfolio that includes GT International Tower and AXA Life Tower in Makati City.

"This one should be exciting because that area is centrally located by the bay area. There's a lot of public transportation that will complement retail," Ty said, adding that only 30 percent of the 37-hectare property is in use.

About P4-5 billion will be earmarked for the Veritown project, a luxury complex that will be home to commercial establishments, offices, cultural centers and residential towers. Located at the Bonifacio Global City, Veritown will also house the Grand Hyatt Manila and Grand Hyatt Manila Residences.

The holding firm of George S. K. Ty's businesses, GT Capital is spending P35-40 billion this year, bulk of which will be allotted for its power and property businesses.

Source: http://www.interaksyon.com/business/...capex-for-2013
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