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Beautiful User
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QC to host half km-high tower
By Rio N. Araja | Jun. 27, 2014 at 12:01am
http://manilastandardtoday.com/2014/...-km-high-tower


QUEZON City Mayor Herbert Bautista has given Mitsubishi Electric Corp. the go-signal to start putting up its 612-meter tower in a seven-hectare lot on the former site of the Manila Seedling Bank Foundation along Quezon Avenue.

At a media briefing, Dr. Victor Endriga, senior consultant, said the 200-floor facility will be called Philippine Diamond Tower to join Dubai’s 828-meter Burj Khalifa and Japan’s 634-meter Tokyo Skytree.

He said Megaworld Corp., Century Properties Group, SM Properties and Ayala Land Inc., wanted to buy the lot.

“The mayor gave us the go-signal to collaborate with Mitsubishi (for) groundbreaking on Oct. 12, the city’s 75th founding anniversary,” he told the Manila Standard.

Targeted for delivery in 2016, the tower will house an international convention center, a five-star hotel, a shopping mall, restaurants, a disaster-risk management center, a garden park and a telecommunications hub.

“A memorandum of agreement will be signed among the city government, the National Housing Authority and Mitsubishi while preparing for the terms of reference for the property development,” Endriga said.

Three media giants--GMA Network Inc. (Channels 7 and 11), ABS-CBN Broadcasting Corp. (Channels 2 and 23) and Associated Broadcasting Corp. (Channel 5)--are willing to collaborate, he adds.

According to Endriga, the P15-billion project is covered by a loan from Japan International Cooperation Agency’s Official Development Assistance at 0.9 percent interest per annum payable in 40 years with a 10-year payment moratorium.

In July 2012, the Quezon City government took over the Manila Seedling compound belonging to NHA for failure of the foundation to pay P57.208 million in real estate taxes from 2001 to 2011.

“It is the Quezon City government’s wish that the Philippines will have a reliable durable facility for disaster risk communications. We also want the country to be better prepared for the shift from analog to digital technology, using Japan’s standard,” Bautista told the Manila Standard in a text message.
 

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whitest boy in the delta
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200 floors? holly molly. but badly the article sounds a bit like they do not really know what they are doing. no specifics and it all is very vague, if something comes out of it, it would be amazing though.
 

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Illuminati Leader
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Seems like a complete waste of money to be honest
 
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If this really is an observation tower it is common practice height is described by the floors or levels even if the structure doesn't technically have those floors. It's most likely just to say how much floors would regular building with that height had imo.
 

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bravo ballesteros
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The announcement came from the honorable Mayor himself, so I believe this will push through. Besides, we Filipinos are not fond of polluting SSC with dubious threads. My take on the matter is that he was not yet properly briefed about the specific details.

So its one of two things, either its indeed 600m++ but the number of floors uncertain or it will really have 200 floors but the height is still undetermined...

I suggest to the mods that instead of Quezon city, the title should be named
Greater Manila or Metro Manila just like projects in other metropoloitan areas in the world!
 

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The AlphaWolf of the Pack
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If it did have 200 floors, that would probably be approx. 800-1000m tall (For an average building (I don't know)).
 

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Registered Abuser
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Ground breaking is on Oct. 12.

We'll see by then if they're serious or not. Sounds legit if Mitsubishi Electric Corp. is involved or else why drag that company's name into this with all the fanfare. Great source of humiliation if the mayor doesn't deliver as promised.

This is supposed to be 3rd tallest after Tokyo Skytree.
 

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The AlphaWolf of the Pack
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