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Discussion Starter · #1 · (Edited)
Landmark 66 (Grand Hyatt Hotel Manila)
Location: Bonifacio Global City, Metro Manila
Architect: Hellmuth, Obata & Kassabaum Inc. International Ltd. (HOK)
Structural Consultant: Ove+Arup
Height: 250 meters
Purpose: Office and Hotel

Hyatt expands Philippines portfolio

Ollie Quiniquini, Manila (2008-06-16)

HYATT Hotels and Resorts is vying for the management contract of a hotel being built by Federal Land, Metrobank Group's property arm, at the Bonifacio Global City (The Fort) in Metro Manila.

If signed, the 15-billion-peso (US$340 million) hotel, opening in 2011, will be branded a Grand Hyatt.

Part of a mixed-use 25-hectare development, the 350-room hotel will occupy the top 20 floors of a 66-storey hotel and office building. The development will also have a residential component.

According to Hyatt Hotel and Casino Manila general manager, Mr Gottfried Bogensperger, Hyatt also intends to introduce the Hyatt Regency brand in Boracay through an all-villa property to be completed by 2011. Details of the project are not available at press time.

Mr Bogensperger said it was highly unlikely that the Park Hyatt brand would be introduced in the Philippines, as the market was not yet ready for such a brand that commands rates of US$300 to US$400.
As of October 2008 :cry:

bad news. they did a re-design and downscaled everything to 250 meters :cry:

can a mod please transfer this now to Highrises section? :(

Yes, the article mentioned that this will only have a height of 250 meters. There will be a restaurant at the rooftop.


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Discussion Starter · #2 ·
News from last month...
RP’s tallest building to rise in Taguig City's Fort Bonifacio
Jun 20, 2008

The Philippines’ tallest building will rise in Taguig, says Mayor Freddie Tiñga.

Federal Land Inc. will construct the mixed-use edifice which will also house a fully furnished five-star hotel, on a 27-hectare lot in the North Bonifacio district later this year.

The building will feature 500 rooms with high-luxury hotel facilities, as well as residential and commercial units.

“Taguig is fast becoming an ideal tourism destination in Metro Manila,” enthuses Tiñga.

Federal Land Inc., the property unit of George SK Ty’s Metrobank group of companies, is to spend at least P20 billion for the complex.

Metrobank owns the 10.6 hectares where 66-story building will be located.

The remaining 16 hectares belong to the state-owned Bases Conversion and Development Authority (BCDA).

The top 25 floors will be occupied by the Grand Hyatt Hotel with 500 to 600 rooms.

“Choosing Taguig was an easy decision to make, especially with its rapidly growing developments as a result of forward-looking urban planning schemes,” company President Alfed V. Ty said in a statement.

“The completion of the country’s tallest building at the Fort will complement our efforts in promoting Taguig as a ‘total package’ city and will certainly put us in the tourism map of the Philippines,” says Tiñga.

“The Federal Land tower will open up more doors for Taguig, which has now become a key investment city in Metro Manila.

But more than the opportunities that it offers our city, we believe this will eventually benefit our country’s econom,” Tiñga says.

The Philippine Stock Exchange plans to transfer a unified bourse to a modern headquarters office on a 5,000-square-meter lot also in Fort Bonifacio.

Singapore, Korea and the United Kingdom will open embassies at Fort Bonifacio.

“This is exactly what we have envisioned for Taguig, particularly here in Fort Bonifacio – a place where people can live, work and enjoy in one community.

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Discussion Starter · #16 ·
News Update!

Federal Land to kickstart Fort Bonifacio project in Q4

By Elizabeth Sanchez-Lacson
Philippine Daily Inquirer
First Posted 23:29:00 07/27/2008

Close this MANILA, Philippines--Federal Land Inc., the property arm of tycoon George Ty, is embarking on a massive mixed-use development on its property in Fort Bonifacio in Taguig City as it makes a bold investment ahead of an expected correction in the real estate sector.

Federal Land president Alfred Ty said they were looking at launching the initial phase covering 1.5 hectares of a 27-hectare mixed-use development in Fort Bonifacio in the fourth quarter.

The initial phase will include a more than 60-story, five-star hotel with 400 rooms that is touted to be the tallest in the country. The hotel building with office spaces will rise on the 27-hectare complex owned jointly by Metropolitan Bank and Trust Co. (10.4 hectares) and the state-owned Bases Conversion and Development Authority (16 hectares).

"There will be a correction [in the property segment] coming from the crisis period in 1997 we've seen how it is. The market is always there. It's just a matter of coming up with the right product," Ty said.

The rest of the 27 hectares will feature a retail strip similar to Singapore's Orchard Road, and more office and residential developments.

A showroom for luxury car Lexus will also rise within the complex by the first quarter of 2009, touted as the first in the country that will showcase the full line-up of the luxury automobile maker.

Separately, Federal Land has also teamed up with Japan-based multinational firm Orix Corp. for The Grand Midori Makati, a P4-billion, high-end 2-tower condominium project along Legazpi St.

The Grand Midori will feature 622 units upon completion, with each tower standing 38 storiess tall. The first tower will start construction next year and may likely by completed by 2012.

Units cost between P3.4 million and P16 million and range between 39 and 130 square meters.
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