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Discussion Starter · #1 · (Edited)
BLOOMBERRY’s SOLAIRE Manila Complex [mix] @ Paranaque City

Guys, since it's a mix and no thread created for this project for itself, I believe SOLAIRE Manila Complex deserves to have its own thread to avoid confusion. It's a lot better and/or easier to search on a single thread for everyone !!!

Firm starts $1B casino project in Pagcor area

By Paolo Montecillo | Philippine Daily Inquirer | Tuesday | February 22, 2011 | 10:52 PM

MANILA, Philippines—Gaming company Bloomberry Resorts and Hotels Inc., owned by businessman Enrique Razon Jr., has started the construction of its $1 billion casino at the Philippine Amusement and Gaming Corp.’s (Pagcor) Bagong Nayong Pilipino Entertainment City Manila in Parañaque City.

In a statement, the company, formerly Bloombury Investment Holdings Inc., said it had its first concrete pouring for the new facility, which will be built by infrastructure giant DM Consunji Inc.

The Entertainment City project features an integrated resort facility including a five-star, 500-room hotel covering an area of 8.3 hectares. It will also feature a state-of-the-art meeting and convention and ballroom venues, restaurants as well as health and wellness facilities.

Gracing the event were Senate President Juan Ponce Enrile, Parañaque City Mayor Florencio Bernabe, Parañaque City Vice Mayor Gustavo Tambunting, Pagcor director Eugene Manalastas and Banco de Oro chairperson Teresita Sy.

The facility is expected to generate 4,000 new jobs once it starts operations by the third or fourth quarter of 2012.

The Bagong Nayong Pilipino Entertainment City Manila is a multibillion-dollar project of Pagcor covering 120 hectares of prime reclaimed land at the southeastern portion of the Manila Bay in Parañaque City.

It is also a registered economic zone under the Philippine Economic Zone Authority.

Razon, who runs port giant International Container Terminal Services Inc., acquired a controlling stake in Bloombury Investments Holdings Inc. from businessman Jose Alvarez.

Despite being a newly formed company without any proven track record in the industry, Bloomberry in 2008 was among four companies awarded the right to develop parts of the Manila Bay reclamation area into a world-class gambling complex.

Source: http://business.inquirer.net/money/topstories/view/20110222-321644/Firm-starts-1B-casino-project-in-Pagcor-area

Bloomberry starts structural work on $1-billion Entertainment City project

by The Philippine Star | Thursday | Updated February 24, 2011 | 12:00 AM

MANILA, Philippines - Bloomberry Resorts and Hotels Inc. (BRHI) recently announced the successful first concrete pouring for its $1-billion Entertainment City project at the Philippine Amusement and Gaming Corp.’s (Pagcor) Bagong Nayong Pilipino – Entertainment City Manila in Parañaque City, signaling the start of structural works by contractor D.M. Consunji Inc. (DMCI).

Leading the concrete pouring ceremony was Enrique K. Razon Jr., chairman of property developer Sureste Properties, Inc. (SPI) and hotel and resorts owner BRHI, a subsidiary of SPI. Razon said he has high hopes that the project will help boost tourism in the country by providing a world-class, state of the art resort and entertainment facility.

Gracing the event were Senate President Juan Ponce Enrile, Parañaque City Mayor Florencio Bernabe, Parañaque City Vice Mayor Gustavo Tambunting, Pagcor director Eugene Manalastas, Teresita Sy, chairperson of Banco de Oro, and senior officers from the DMCI Group.

Enrile lauded Razon for using mostly Filipino expertise and tapping local partners for the project: from concept, design, and construction to project financing. He predicted that with the project, Parañaque City would soon be home to the leading hotel complex in the country and in the region.

Bernabe thanked Razon for the project, which is expected to generate some 4,000 jobs once it starts operations by the third or fourth quarter of 2012.

The Entertainment City project features an integrated resort facility including a five-star, 500-room hotel covering an area of 8.3 hectares. It will also feature a state of the art meeting and convention and ballroom venues, restaurants as well as health and wellness facilities.

The Bagong Nayong Pilipino-Entertainment City Manila is a multi-billion dollar project of Pagcor, which covers 120 hectares of prime reclaimed land at the southeastern portion of the Manila Bay in Parañaque City. It is also a registered economic zone under the Philippine Economic Zone Authority.

Source: http://www.philstar.com/article.aspx?articleid=660253
 

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Discussion Starter · #2 · (Edited)

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Discussion Starter · #4 · (Edited)
Originally posted by derf


The waterway is still there. The photo was taken at an angle that hid the waterway from view. The road seen in the picture should be the one parallel a block away the waterway. Take a look at the render of Solemare. The wide open land before the green fence should be the Aseana Marie complex, if we are to base it on the render. The one with the green fence should be Solaire, and Aruze would most probably be at the block after that.. Hope this helps..
Thanks derf !!! :cheers: :banana:
 

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Discussion Starter · #5 · (Edited)
Originally posted by reign

Looks like they revised the original plan from a single tower to two and its not as glassy as per original render. I hope the new design is much better.

[
Thanks reign !!! :cheers: :banana:
 

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Bloomberry seeks more land in casino complex

by Franz Jonathan G. de la Fuente | Business World | Monday | Posted on February 13, 2012 | 09:35:57 PM

RAZON-LED Bloomberry Resorts Corp. is in talks with the government to secure more land at a planned 120-hectare entertainment complex for its casino hotel, a disclosure released yesterday showed.

“Additional lease of adjacent land is being negotiated with PAGCOR (Philippine Amusement Gaming Corp.) to allow for the expansion of hotel space for the project,” Active Alliance, Inc., the listed parent firm behind the projects’ developers Bloomberry and Sureste Properties, Inc., told the local bourse.

This, as Belle Corp. of the SM Group, which is also building its own project within Entertainment City, had similarly sought more land in the area, reporting last week it filed paperwork to acquire a vacant 10-hectare lot.

Together with Andrew L. Tan-owned Travellers International Hotel Group, Inc., the SM consortium, and Tiger Resorts Leisure and Entertainment, Inc., Bloombery Resorts and Hotels is one of the four groups authorized to build in the area.

The first phase of Bloomberry’s 14-storey, five-star building will feature an 11-storey hotel atop a three-level podium, as well as a 10-storey parking building.

It is currently expected to occupy 83,084 square meters (sq. m.) of reclaimed land near Manila Bay.

Solaire Manila’s casino and gaming area alone is expected to occupy approximately 22,268 sq. m., the disclosure stated.

Bloomberry Resorts, however, was not immediately available for comment on the planned expansion.

Construction of the Solaire Manila has significantly progressed, the disclosure added.

“The project commenced with pile-driving at the site last year.

Construction has reached the 12th floor as of the second week of February 2012. Phase I of the project is targeted to be completed before the end of this year 2012,” Active Alliance said.

A major universal bank has provided funding for the project, Active Alliance said without elaborating.

Further, Active Alliance shares, suspended since Feb. 7 as per Philippine Stock Exchange (PSE )backdoor listing rules, will resume trading today following the firm’s release of a comprehensive corporate disclosure.

Last week, Active Alliance shareholders approved changes to the company’s incorporation articles to implement a name change, a shift in the primary purpose to a holding company from a manufacturing firm, and a hike in authorized capital stock to P15 billion from P120 million.

Further, stockholders had also endorsed the future listing of shares to be used for the capital hike.

Active Alliance, incorporated in 1999, was previously owned by businessman Bienvenido Tan III was originally engaged in the manufacture of electronic devices.

Enrique K. Razon, Jr.’s Prime Metroline Transit Corp. bought a 75% stake in Active Alliance last year for P200 million, Active Alliance shares were last traded on Feb. 6 at P49.50 apiece.

Source: http://bworldonline.com/content.php?section=Corporate&title=Bloomberry-seeks-more-land-in-casino-complex&id=46675
 

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Discussion Starter · #9 ·
In The Know: ‘Pagcor Entertainment City’

Philippine Daily Inquirer | Tuesday | February 21st, 2012 | 2:00 am


LAS VEGAS-LIKE A scale model of the rising Entertainment City Manila, simply known as Pagcor City, a Las Vegas-like gaming and entertainment complex.
In April 2008, Philippine Amusement and Gaming Corp. (Pagcor) resurrected a plan to put up a “Las Vegas-style” casino and tourism complex on Manila Bay. Originally unveiled in 2007, it was initially called “Pagcor Entertainment City.”

Once completed, the project is expected to boost tourist arrivals and generate new jobs, according to Pagcor. The complex will feature “six-star hotels, gaming facilities, malls, museums, cultural centers, sports arenas, residential villages and theme parks.”

Now dubbed “Entertainment City Manila,” the project would have interconnected facilities which will feature shopping, dining, concerts, exhibits and gaming, according to Pagcor.

The four companies granted licenses to build, own and operate integrated resorts in Entertainment City Manila are Travellers International Hotel Group (which owns Resorts World Manila), an SM consortium, Tiger Resorts Leisure and Entertainment Inc. and Bloomberry Resorts and Hotels Inc.

Pagcor guidelines require a minimum $1-billion investment in each integrated resort. Each licensee is also required to build a minimum of 250,000 square meters of floor area and complete 800 hotel rooms with an average room area of 40 sq m. Everything must be in order before the casino inside the complex opens.

Pagcor said Entertainment City Manila “is projected to capture at least a 10-percent share in the total global gaming market, which is estimated at $115 billion annually.”

It is also expected to generate “1 million jobs and 1 million tourists in the next few years,” Pagcor said.

Bloomberry’s planned Solaire Manila Project, an integrated resort complex, includes a five-star, 500-room hotel covering some 165,000 sq m of floor area, while Tiger Resorts’ $2-billion Manila Bay Resorts is expected to “contribute significantly to the 400,000 jobs” to Pagcor’s 1-million target.

Resorts World Bayshore City, on the other hand, is expected to feature the Grand Opera House, a performing arts venue which is expected to seat 2,500. Inquirer Research

Source: http://business.inquirer.net/45537/in-the-know-%e2%80%98pagcor-entertainment-city%e2%80%99
 

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Discussion Starter · #10 · (Edited)

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Discussion Starter · #15 ·
Finally. A separate thread. Good job InfinitiFX45 :eek:kay:
Thanks !!! Yup, it's been confusing not having its own thread and it would be a lot better and/or easier to search for everyone... :cheers: :banana:
 

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Discussion Starter · #17 ·
Razon's Bloomberry completes major infra work on Manila resort :cheers: :banana:

ABS-CBNnews.com | Tuesday | Posted at 03/20/2012 | 4:30 PM

MANILA, Philippines - Bloomberry Resorts and Hotels Inc. said it has completed major infrastructure works at its $1.2 billion integrated casino complex at the Entertainment City on the Manila Bay reclamation area.


Bloomberry’s onging construction of Solaire Manila complex
at Entertainment City Manila. / Courtesy of Bloomberry


Bloomberry, a listed company led by ports tycoon Enrique Razon, recently held a concrete topping out ceremony for Solaire Manila.

"It is getting more exciting as we shift to higher gear towards inaugurating our integrated resort. We are doubly proud because Solaire Manila will be the first resort to be built and operational here in Entertainment City. Once open, I have high hopes that Solaire will immediately contribute to furthering tourism in the country, and the economy in general,” Razon said, in a statement.

The development of the first phase of the resort is estimated at $650 million. Phase 1, which covers 180,000 square meters of floor area, includes a hotel tower, ballroom and convention facilities, gaming areas, restaurants, retail shops, and wellness facilities. A 10-storey parking building is also being built.

Bloomberry's resort complex is expected to attract tourists, as well as create over 4,600 jobs.

The Entertainment City Manila is a multi-billion dollar project of the Philippine Amusement and Gaming Corp. (Pagcor), covering 120 hectares of prime reclaimed land on Manila Bay.

Source: http://www.abs-cbnnews.com/business/03/20/12/razons-bloomberry-completes-major-infra-work-manila-resort
 

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BusinessWorld
Corporate News
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Posted on March 20, 2012 10:26:32 PM


Bloomberry starts expansion work on Solaire. :banana::banana::banana:

LISTED DEVELOPER Bloomberry Resorts Corp. has begun expansion work on the first phase of its hotel and casino project in a state-planned Parañaque entertainment complex, a disclosure to the local bourse showed yesterday.

This comes as the company said it has already completed major infrastructure works on the $1-billion, five-star Solaire Manila, culminating in a recent topping-off ceremony attended by public and private sector officials.

“Simultaneous with the topping-off ceremony, Bloomberry Resorts also began structural works on the extension of Phase 1, which will see the expansion of the retail outlets, a boutique hotel, a live performance theater and a bigger garage building,” the disclosure read.

Last month, Bloomberry Resorts said it was in talks with state-run Philippine Amusement and Gaming Corp. (Pagcor) to lease additional land adjacent to Solaire Manila.

Belle Corp., which is also building its own project within the so-called Entertainment City, had similarly confirmed its interest in expansion by filing paperwork to acquire a vacant 10-hectare lot within Entertainment City.

Prior to the announcement of its expansion plans, the first phase of Solaire Manila was said to feature an 11-storey hotel atop a three-level podium, as well as a parking building.

The casino and gaming area is expected to occupy approximately 22,268 square meters, earlier reports said.

Moving forward, Solaire Manila’s first phase, estimated to cost $650 million, is expected to be completed by the end of 2012.

Primary funding for the project is being provided for by Sy-led BDO Unibank, Inc.
-- Franz Jonathan G. de la Fuente
 

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Discussion Starter · #19 ·
Bloomberry tops out hotel tower in PAGCOR Entertainment City :cheers: :banana:

by ELR | GMA News | Tuesday | March 20, 2012 | 9:21pm

Solaire Manila, the first resort hotel being built in the Bagong Nayong Pilipino Entertainment City complex in the Manila Bay reclaimed area, will “shift to higher gear” following the topping out of its hotel tower, according to Bloomberry Resorts and Hotels Inc. chairman and CEO Enrique Razon Jr. Tuesday.

“Simultaneous with the topping out ceremony, Bloomberry also began structural works on the extension of Phase 1, which will see the expansion of the retail outlets, a boutique hotel, a live performance theater and a bigger garage building,” BRHI said in a disclosure through its listed vehicle, Bloomberry Resorts Corp.

Estimated investment for the first phase, BRHI said, is $650 million for the hotel tower, convention facilities, gaming areas, restaurants, retail shops, and health and wellness facilities. Long term, the total cost could reach $1.2 billion.

“Only a year ago, this same spot where we are was but barren, unproductive land. But today, you see massive structures and a bustling commune with a 5,000-strong labor force who work 24/7 to complete our integrated resort complex,” Razon said.

The Bloomberry integrated resort is one of four projects in the 120-hectare Entertainment City complex of the Philippine Amusement and Gaming Corp. (PAGCOR).

Source: http://www.gmanetwork.com/news/story/252123/economy/companies/bloomberry-tops-out-hotel-tower-in-pagcor-entertainment-city?ref=section_latest
 

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Discussion Starter · #20 ·
BRHI Tops Off Hotel Building :cheers: :banana:

by JAMES A. LOYOLA | Manila Bulletin | Wednesday | March 21, 2012 | 12:13am

MANILA, Philippines — Bloomberry Resorts and Hotels, Inc. (BRHI) reported that it has completed major infrastructure work at its $1.2-billion world-class integrated resort (IR) project at the Entertainment City Manila.

In a statement, the firm said it has topped off the integrated resort’s hotel facility, Solaire Manila.

“It is getting more exciting as we shift to higher gear towards inaugurating our integrated resort. We are doubly proud because Solaire Manila will be the first resort to be built and operational here in Entertainment City,” said Bloomberry chairman Enrique Razon Jr.

He added that, “once open, I have high hopes that Solaire will immediately contribute to furthering tourism in the country, and the economy in general.”

Investment for the first phase of the development is estimated at US$650 million, while total investment for the long term is expected to reach US$1.2 billion.

Phase 1 of the integrated resort covers 180,000 square meters of floor area, which includes a hotel tower, three levels of podium that has the ballroom-convention facilities, gaming areas, restaurants, retail shops, and health and wellness facilities.

Aside from attracting local and foreign visitors, the complex is expected to generate over 4,600 jobs as well as boost the country’s ancillary service sectors.

“We have an upbeat economy and vastly improved business confidence. Our tourism sector is experiencing double-digit growth rates,” said Philippine Amusement and Gaming Corporation (Pagcor) chairman Cristino L. Naguiat Jr.

He noted that “I have no doubt that Solaire will be successful. Pagcor is committed to seeing through this project to full completion.”

The Philippines is high in the radar of the global leisure and entertainment industry. Citi Group tagged the Philippines as the "market to watch," reporting that upon the completion of the integrated resorts at the Entertainment City, the total revenue that can be derived from gaming activities would most likely approximate the earnings capacity of Singapore’s integrated resorts.

Simultaneous with the topping out ceremony, Bloomberry also began structural works on the extension of Phase 1, which will see the expansion of the retail outlets, a boutique hotel, a live performance theater and a bigger garage building.

Source: http://www.mb.com.ph/articles/354928/brhi-tops-off-hotel-building
 
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