MANILA | Development Thread
Manila has been the capital city of the Philippines since 1571. Under the more than 300-year Spanish rule, Manila prospered and gained fame as the Asian terminus of Manila-Acapulco Galleon Trade Route for more than 200 years.
When the Americans took control of the Philippines after the Spanish-American War of 1898, Manila's transformation into a modern metropolis kicked into high gear. Here's a video of cosmopolitan Manila in 1938 with scenes of the Binondo-Tondo business district (4:08) However, Manila was savagely destroyed by Japanese occupiers during World War II, leaving more than 200,000 dead. Here's a video of what happened (4:37) After WWII, the business district in Binondo-Tondo never recovered, paving the way for the development of Makati CBD and others. The City of Manila is now just one of the 16 cities that form the metropolitan area known locally as Metro Manila. However, when the world refers to Metro Manila, MANILA is often used and the other cities as districts. In the spirit of internationalism in this thread, any highrise development that is located in Metro Manila shall henceforth be labeled as a developent in MANILA. There are currently three major central business districts in MANILA, where many highrise developments are concentrated around: MAKATI CBD (MAKATI) on the lower half of the photo below; ORTIGAS CENTER (ORTIGAS) on the upper left; and BONIFACIO GLOBAL CITY (BONIFACIO) on the upper right. http://i1383.photobucket.com/albums/...ps59be8a75.jpg photo by chestersim ................ The following master project list will enumerate the significant highrise developments in MANILA, grouped according to the central business districts and stages in project development, which are then ordered by the number of floors.MAKATI UNDER CONSTRUCTION Park Central Towers | 69F+58F | MIX Shang Salcedo Place | 67F | RES The Rise Makati | 63F | RES Century Spire | 60F | MIX Garden Towers | 60F+54F | RES The Proscenium | 60F+55F+51F+47F+45F | MIX Air Residences | 56F | MIX Solstice | 55F+55F+55F+55F | RES Two Roxas Triangle | 53F | RES Kroma Tower | 52F | RES Air Residences | 51F | RES Forbes Media Tower | 50F | MIX Alveo Financial Tower | 49F | COM Park Terraces | 49F+36F+36F | RES The Lerato | 48F+37F+30F | MIX Altaire | 45F | COM Ayala Triangle Gardens North | 40F+23F | MIX City Gate | 40F+30F | MIX Callisto | 38F | RES Mareic Residences | 38F | RES Brio Tower | 37F | RES Escala | 36F | RES Ram Plaza Legazpi | 36F | RES San Lorenzo Place | 36F+36F+32F+32F | RES 100 West Makati | 35F | MIX Dowell Tower Residences | 35F | RES The Stratosphere | 35F | RES Paseo de Roces | 34F+34F | RES The Index | 34F | RES Salcedo Skysuites | 32F | RES Greenbelt Hamilton | 31F | RES Valero Grand Suites | 31F | MIX Avida Towers San Lorenzo | 30F+28F | RES Paseo Heights | 30F | RES Salcedo Square | 30F | MIX Technozone Philippines | 27F | MIX The Linear Makati | 24F+24F | RES One Ayala| ?F+?F+?F+?F | MIX PREPARATION Altaire Tower | 45 F | COM The Estate Makati | ?F | RES PROPOSED Movenpick Hotel & Residences | 70F | MIX Picar Residences | ?F | RES Urban Deca Tower-Makati | ?F | RES ORTIGAS & Vicinity UNDER CONSTRUCTION The Imperium | 65F | RES The Royalton | 65F | RES Acqua Private Residences | 56F+53F+46F+44F+42F+40F | RES Rich Residences | 53F | RES Mega Tower | 50F | MIX The Exchange Square | 50F | COM The Olive Place | 50F+48F | RES SM-Keppel Tower 2 | 48F | MIX The Sapphire | 48F+40F+40F+38F | RES 27 Annapolis | 45F | RES Axis Towers | 42F+42F | RES GLAS Tower | 42F | MIX The Allegro | 42F | RES The Legato | 42F | RES The Sandstone at Portico | 41F | RES Amaia Skies Shaw | 40F+40F | RES Jollibee Tower | 40F | COM Chimes Greenhills | 40F | RES Light Residences | 40F+40F+40F | RES The Chronicle Building | 40F | COM Urban Deca Tower-EDSA | 40F | RES Exquadra Tower | 38F | COM Lumiere Residences | 37F+37F | RES One Wilson Square | 37F | RES The Currency | 36F | MIX AMA Tower Residences | 35F | RES One Filinvest | 35F | COM The Baron Tower | 30F | RES Vista Shaw | 35F+32F+32F | MIX Kasara Urban Resort Residences | 32F+28F+27F | RES Cyber Omega Tower | 31F | COM Avida Towers Centera | 29F+29F+29F+29F | RES Elements Residences | 28F+28F | RES Sunshine100 City Plaza | 28F+28F+28F+28F | RES IBP Tower | 26F | COM The Residences at Westin Manila Sonata Place | ?F | RES The Westin Manila Sonata Place | ?F | MIX PREPARATION The Exchange Square | 51F | RES Fame Residences | ?F | RES PROPOSED Pearl Drive Twin Towers | 46F+46F | RES Axis Residences | 42F+42F | RES Sheridan Towers | 42F+42F | RES Mango Tree Residences | 35F | RES Elements Luxury Flats | 32F | RES Urban Dec Homes-Ortigas | 26F | MIX BONIFACIO & Vicinity UNDER CONSTRUCTION The Suites | 63F | RES East Gallery Place | 51F | RES Sunshine Fort | 51F+47F+45F+41F | MIX West Gallery Place | 50F | RES Uptown Parksuites | 50F+46F | MIX Uptown Ritz | 45F | RES The Finance Centre | 44F | COM High Street South Corporate Plaza | 42F+32F | COM Madison Park West | 43F | RES Park West | 41F | RES The Montane | 39F | RES The Maridien | 38F | RES Central Park West | 33F | RES Ecoprime | 33F | RES Menarco Tower | 32F | MIX Venice Luxury Residences | 30F+30F+30F+30F+30F+30F+30F | MIX Bonifacio Summit Center | 25F | COM Capital House | 25F | COM JP Morgan Chase Tower | 25F | COM Avida CityFlex | ?F+?F | RES PROPOSED The Block | 56F | MIX Hive Tower | 51F | MIX Icone Tower | 40F | MIX The Waltz | ?F | RES |
This news article gives insight on some of the driving forces behind the growth in highrise developments in Manila: offshoring and outsourcing companies choosing to locate offices in Manila and other cities in the Philippines.
Real estate sector poised to sustain growth — CBRE Manila Standard Today Othel V. Campos Dec. 03, 2014 at 11:30pm The real estate sector in the Philippines grew 8.9 percent year-on-year in the third quarter and is poised to sustain its expansion next year, on strong commercial activities, real estate advisory firm CBRE Global Research said Wednesday. “The continuous transformation of cities into business landscapes will only strengthen the position of the country as an investment destination in the coming years,” CBRE Philippines president and chief executive Rick Santos said. Santos said the growth was fueled by the positive trends across all sectors, such as efforts to improve public infrastructure, political stability, benign inflation and low interest rates. He said the upcoming Association of Southeast Asian Nations economic integration was expected to heighten investor interest as foreign companies expanded their market reach. The advisory firm said third and fourth quarter commitments from offshoring and outsourcing companies boosted the sector’s performance. The report noted the proliferation of township developments across central business districts such as the Bayshore in Pasay City; City Gate in Makati City; Uptown Bonifacio, McKinley West and Arca South in Taguig City; Woodside City and Capitol Commons in Pasig City; and Vertis North in Quezon City. CBRE said the diversity of these developments was giving investors more convenient and creative ways to maximize each area. Vacancy rates among central business districts dropped, with the exception of Quezon City, which increased to 0.93 percent in the third quarter from the previous quarter’s 0.07 percent. Prime office buildings in Makati are nearly fully leased out, with overall vacancy dropping to 0.58 percent from 1.58 percent the previous quarter. source |
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source Ayala Land launches P7-b City Gate MST Business Dec. 14, 2014 at 10:30pm Ayala Land Inc. launched the first phase of City Gate, another flagship mix-use development in the Makati Central Business District. It is the company's first stacked building combining three uses - retail, office and hotel on one building. City Gate's prime location on Ayala Avenue at the corners of Amorsolo and Salcedo Streets makes it highly accessible to major thoroughfares such as Ayala Avenue, Sen. Gil Puyat Avenue, and the Skyway. Elevated walkways will also connect City Gate to Ayala Center and to the rest of the CBD - great for those who choose to walk and enjoy the real city life. The project will have a total of 120,000 square meters of gross floor area consisting of 53,000 square meters for business process outsourcing firms, 28,000 sq. m. for traditional headquarter-type offices, 25,000 sq. m. for Seda Suites Hotel; and 25,000 sq. m. for a retail mall. Continue |
Great thread, Ptah. It'll be nice to track all of these projects in Manila.
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Thanks, Colemonkee! I will try to keep this thread and the few individual Manila projects as updated as I can, so do check them out every now and then. Cheers!
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I like how the city has developed several distinct high rise districts.
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The multiple central business districts do sound nice, but they also make it complicated to coordinate metro-wide urban development plans, since each of these central business districts fall under different jurisdictions that often see themselves as direct competitors. Ortigas Center, for instance, is even more complicated as it falls under the jurisdictions of the 'cities' of Pasig, Mandaluyong, and Quezon. Personally, I would much rather have for Manila metropolitan area a single central business district.
Speaking of central business districts, there are actually a few more in Manila metropolitan area, but the three I mentioned in previous posts (MAKATI, ORTIGAS, BONIFACIO) are the major ones in terms of size and development. All three are located in what was once the City of Manila's surrounding grass-filled suburbs, away from the old Pre-WWII central business districts in Binondo District (Spanish colonial era) and Ermita-Malate Districts (American colonial era). Alas, WWII destroyed so much of the old city, and the rich and the businesses would eventually move to the suburbs to develop MAKATI, ORTIGAS, and BONIFACIO. Manila metropolitan area today is like L.A. metropolitan area, where are there many cities and financial districts scattered around. In Manila, each of the 16 'cities' has its own rules and regulations, typically run by a corrupt, feudalistic mayor and his minions who take a blind eye in addressing chronic social problems, among which is the lack of affordable and proper housing for the urban poor. These corrupt government officials only see slums as 'vote farms' for election day. The rampant corruption, which the current Philippine president is supposedly trying to finally address, is largely responsible for the western media's fixation to paint Manila metropolitan area as nothing but a city of slums, despite the fact there are many areas in Manila metropolitan area that are very much well developed, full of conveniences for cosmopolitan urban living. |
Thanks for the thread, very impressive. I didn't know Manila was having such large-scale development.
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My pleasure, Libertarian. Glad to at least show an unkown side of Manila.
Manila is largely ignored by the foreign media, and if there is any media coverage at all, only the ghetto parts are shown. This is why most people are unaware of Manila's modern side, let alone the massive highrise developments going on right now. In fact, if you have seen the recent episodes of The Amazing Race that were shot in Manila, you'd be forgiven to think the place is nothing but an enormous slum! The rise in the number of commercial highrises is driven by demand of foreign outsourcing and offshoring companies that decided to locate in the Philippines (instead of say, India) to take advantage of the cheap, college-educated labor force with relatively good command of the English language. There are now around a million outsourcing/offshoring jobs in the Philippines, helping to create a rising number of middle class with strong appetite for consumer goods. The rise in the number of residential highrises is driven by foreign and domestic buyers. Foreign buyers are taking advantage of bargain prices compared to their native countries. Domestic buyers are coming from many segments: the few rich locals who are becoming more confident investing locally instead of abroad; the rising middle class with more disposable income; and overseas Filipino workers who tirelessly remit billions of dollars annually. Manila also has the ambition to become the next gambling mecca in the region, with multi-billion dollar Vegas-style casinos opening doors along the Manila Bay recently: Solaire, City of Dreams, with two more to come. This has increased the development for more internationally branded hotels in the metropolitan area. These are some of the reasons it is now possible for one lucky bastard to dine at a Nobu restaurant, shop for some ice from Cartier, 'commission' for a new ride at the lone Rolls Royce showroom, party like a rock star at a Buddha Bar etc. These things are only possible though in the modern areas of Manila, certainly not in the slums that the media loves to show of the city. |
The proposed 42-storey tower is shown on the left, next to BDO Corporate Center in Ortigas Center.
http://i1383.photobucket.com/albums/...ps2bd0f986.jpg photo by anakngpasig Keppel Land unveils $336m 42-storey office tower development in Manila Singapore Business Review Staff Reporter 14 Oct 14 Keppel Land yesterday revealed that it will develop a 42-storey office tower and an extension of an existing five-storey retail component in Metro Manila’s Ortigas central business district, with a total construction cost of $336 million. The tower marks the second phase of KepLand’s SM-KL project. The project is jointly developed by Keppel Land, through Keppel Philippine Properties, and Banco de Oro (BDO), the banking arm of the SM Group. Keppel Philippine Properties holds a 40% stake in the SM-KL project. To be completed in 2019, the new office tower will offer a net leasable area (NLA) of over 89,000 sm of premium grade office space and will be sited above the retail mall. The expansion of the retail mall will add over 34,000 sm of retail space, bringing the total retail NLA to over 50,000 sm when completed in 2016. “We are confident that when the development is fully completed, it will meet the demand for business process outsourcing (BPO) space and prime offices for multinational corporations in Manila. The Philippines remains an attractive destination for foreign direct investments,” said Linson Lim, President (Vietnam and the Philippines), Keppel Land. source |
New tower going up in Makati CBD: NEX Tower
http://leechiu.com/wp-content/upload...nex-tower1.jpg http://leechiu.com/product/nex-tower/ TECHNICAL INFORMATION Address: 6786 Ayala Avenue, Makati City Developer: NEX Development Group Completion Date: 4Q 2018 Gross Leasable Area: 31,173 square meters Typical Floor Plate: 1,400 square meters Efficiency: 87% No. of Floors: 28 Certifications: For PEZA Certification For LEED Certification Parking Levels: 7 basement parking Air-conditioning: Variable Refrigerant Flow (VRF) AC System Back-up Power: 100% Elevators: 6 Low-Rise Lifts 5 High-Rise Lifts 1 Service Lift 2 Parking Lifts Telco Provider: Globe, PLDT Ceiling Height: 3 meters Handover Condition: Bare Shell with VRF AC System http://leechiu.com/product/nex-tower/ NEX Tower location, bottom right: https://instagram.fmnl4-6.fna.fbcdn....NDgxMw%3D%3D.2 musclefashion84 |
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source Federal Land, Isetan, Nomura tie up for $400-M BGC project by James A. Loyola | Manila Bulletin | Monday | July 10, 2017 | 10:01 PM Federal Land, Inc., the wholly-owned property subsidiary of GT Capital Holdings, Inc. is teaming up with Isetan Mitsukoshi Holdings Ltd. and Nomura Real Estate Development Co., Ltd. for a $400-million mixed-use development in Bonifacio Global City (BGC). In a disclosure to the Philippine Stock Exchange, GT Capital said Federal Land and its Japanese partners will jointly finance and develop Sunshine Fort, a mixed-use retail-residential project. --- SNIPPED --- Sunshine Fort, a Japanese-inspired residential and retail complex, is part of Federal Land’s 10-hectare Grand Central Park development in BGC. The master-planned community is expected to be completed in 2025. source This massive project is already under preparation stage as shown on the fenced lot below: https://instagram.fmnl4-5.fna.fbcdn....75776768_n.jpg source |
Wow, keep up the updates! We don't get a lot visibility into the projects here, so this is a great thread to have.
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Looks like a nice town....
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--- So it looks like Manila is going to get a Norman Foster tower pretty soon, called 'The Estate Makati'--a joint venture between two of the richest families in the country. This is going to rise next to Kenzo Tange's Discovery Primea (yellow tower below) along Ayala Avenue in Makati Central Business District. Calling it the 'country's most beautiful' is too much of a stretch though haha Location: https://instagram.fmnl8-1.fna.fbcdn....42446080_n.jpg Mina Deocareza Biz Buzz: Tycoon-fit residence Philippine Daily Inquirer 27 Dec 2017 SM Prime Holdings and Federal Land Inc.’s much awaited residential offering along Ayala Avenue’s upscale Apartment Ridge— touted to be the Philippines’ “most beautiful” skyscraper that will stand as a legacy of their respective founders, Henry Sy Jr. and George Ty— has yet to be launched, but the buzz is its pricing will break all records. To be called “The Estate Makati,” the P5-billion residential address will offer only 188 units at a price that will likely cost much more than buying land (if a buyer can find any) in the most upscale gated villages in the metropolis. Sources privy to the project noted that The Estate, slated to be launched in the second quarter of 2018, may be offered at a price of P400,000 to P450,000 a square meter and the minimum cut (a two-bedroom unit) isn’t likely to be puny. -snipped- Expected to rise at around 270 meters... —DORIS DUMLAO-ABADILLA source rumored render: http://uploads.tapatalk-cdn.com/2017...f97cf20cd3.jpg source |
Manila should really push for an expansive train system like Tokyo
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Thankfully, starting around 10 years ago, the economy has been on the rise due to increasing remittances from overseas Filipino workers, multinational business process outsourcing companies setting satellite offices, rising tourism sector, and robust consumer spending. Add to this the credit ratings upgrades, and the government can finally afford now to spend on some long overdue infrastructure projects, especially those around metropolitan Manila. The Duterte administration may not have such a good reputation in the West, but to its credit, it has made infrastructure a huge priority, with a long list of infrastructure projects line up to be started and/or finished before President Duterte's term expires in 2022. For a metro its size (~20 million population), there are only 3 metro lines (LRT 1, LRT 2, MRT 3) and a crumbling suburban commuter line; although a major extension of LRT 2 towards the eastern parts of the metro is going to finish in a year or two. If you have time, here's an update of LRT 2 Extension: Here is a shocking look at how inadequate the public transport systems are around the metro. |
what is the tallest thing here?
I like the way the buildings look from a distance. nice city. |
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The current tallest is Grand Hyatt Manila, located in the Fort Bonifacio business district. It's the gold-topped tower below: https://instagram.fmnl4-2.fna.fbcdn.....fna.fbcdn.net allaboutunitedkingdom |
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