What's New in Ortigas and Company
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A seamless blend of local, foreign expertise
Nearing nine decades in the real estate scene, Ortigas & Co., plans to scale new heights in an aggressive, ambitious expansion plan. And with a massive redevelopment plan underway, Ortigas has also secured and acquired the services of topnotch local and foreign firms to help ensure the sustainability, liveability, quality and value of its developments.
While Ortigas & Co is going full throttle in creating landmark developments in Metro Manila to provide Filipinos better communities with a world-class feel, it has also employed the latest technologies in creating these masterpieces while adhering to a strict building guideline across all developments.
This seasoned developer has long placed its faith on local architectural firms as it continues to acquire services from reliable local construction companies. But in keeping up with the times, Ortigas & Co. has also acquired the services of foreign partners (for design and architecture, among others), who can lend their expertise regarding the most innovative and latest techniques available.
Top design firms
Ortigas & Co. turned to premier design firms such as RTKL, which has consistently ranked among the world’s top design firms. As proof of its renowned expertise, Building Design in 2011 ranked RTKL’s retail sector first in the world; its planning services, third; and its urban design, fifth.
For 70 years, RTKL has created one of the most memorable and successful environments for developers, retailers, investors, institutions and public entities. Its work has been a cut above the rest with numerous accolades received across multiple disciplines and sectors. Included in its portfolio are the Dubia Creek Harbour, The Pearl in Doha, Qatar and LA Live in Los Angeles, California.
Now, RTKL will serve as the consultant arm for the masterplan of Capitol Commons and also of Ortigas East.
The company will roll out a P50-billion masterplan to redevelop “Ortigas East,” which is formerly known as Frontera Verde along C5. This estate is launched with an initial offering of the first office-for-sale building, The Glaston Tower.
The Glaston Tower is poised to become Metro Manila’s prime business address. The 34-storey building plans to infuse more life into the office space market with its unique form and functionality. This building is also a recipient of Bronze Stevie Awards for innovation in business-to-business products under the New Product Category.
Capitol Commons estate in Pasig, on the other hand, will continue to undergo development with a P26-billion fund to bring it to a new level of growth and profitability.
Estancia, Capitol Common’s retail component, opened its doors to retail markets with 15,000 sqm of prime offices on its upper floors. But it was the three luxurious residential towers in Capitol Commons that takes the cake for future residents with a taste for the good life. The Royalton, The Imperium and Maven will offer a range of experiences for families, millennials and guests.
The Imperium at Capitol Common even bagged the Best Luxury Condo Architectural Design during the 2018 Philippines Property Awards. Highly Commended citations were bestowed for Maven, The Imperium and Capitol Commons for mixed use development of the year.
The sound structural integrity of every building of Ortigas & Co resonates with its desire to create a building that will last from one generation to the next. Magnusson Klemencic (MKA) is the chosen structural and civil consulting engineers by Ortigas & Co. The firm carries a long history of enhanced expertise in seismic, wind, vibration, blast-engineering and site strategies for low-impct design, site infrastructure planning, strategic water planning and excavation shoring.
Magnusson Klemenic has 99 years of building experience in creating safe, highly functional, innovative designs that withstand the test of time. With projects in over 54 countries, MKA has consistently created safe, economical and state of the art design for buildings of all sizes. Among its most notable works are Chase Center in San Francisco, Vista Tower in Chicago and China’s Hunan Road Suning.
Not to be outdone is the 16-ha Greenhills Shopping Center. Being the crown jewel of the entire Greenhills complex, it will also house the first luxury residential tower—The Viridian in Greenhills. It is now being currently turned over to its buyers. Conor, another residential tower in Greenhills estate will soon rise, was launched early this year.
The Galleon is the newest offering located in the heart of Ortigas Center. It is a two-tower, mixed use development complete with a ultra-modern design. A roster of highly renowned experts is helping create this latest gem in Ortigas Center. Ortigas & Co. tapped Architecture International Ltd. (San Francisco) as its masterplanning and concept architect. Among the more well known works of this US-based firm include the Lotte Tower in South Korea; Verona Office Towers in Italy, and Xi’an Hi-tech Business Center in China.
The architect of record is GF and Partners Architects, while for interior design, Ortigas & CO. commissioned the services of andAssociates. It also tapped world class structural and civil engineering firm Magnusson Klemencic Associates (MKA) to create a modern, functional office space with a view of lush landscapes in the communal gardens.
There’s no stopping Ortigas & Co when it comes to innovating the Metro Manila skyline.
Soon, The Empress will be added to its roster of master-planned developments in Capitol Commons.
The Empress, a residential building that showcases fine living, exudes femininity and strength. Three things that were top of mind when The Empress was designed: health, balance and well-being.
A balance of yin and yang to complement the lifestyle of its residents. The Yin will comprise the quiet places such as garden, pamper room and reading room. The Yang will be embodied in active zones like pool, gym, function halls and dance halls.
With an unparalled land bank and a long list of experience in building townships, Ortigas & Co. has more to offer in developing choice residential communities, coveted commercial areas and prime business spaces. The revitalized property giant plans to give and build more for the Filipinos.
Common desire for functional design
It’s not just about aesthetics. Beyond appealing to one’s senses, efficiently designed spaces and structures actually play a key role in the well-being of the residents and tenants.
Numerous case studies and projects have already shown that design can influence one’s health, productivity, behavior, and at times, even one’s mood. But achieving an ideal design suitable to today’s urban dwellers entails meticulous planning, painstaking attention to every single detail of the project, and a certain expertise honed by years of experience. It also meant taking no shortcuts and paying for premium materials to create an environment conducive to one’s wellness.
Fortunately, there are local developers who recognize the significance and impact of the built environment on the quality of life of residents, visitors and other guests and locators.
Designed for a purpose
In Pasig City, for instance, the 10-ha Capitol Commons is offering an integrated urban haven, where each component was designed and strategically placed to complement the other facets of this mixed use project. While showcasing a stunning architecture that features Philippine culture, Capitol Commons provides residents, workers and guests with a much needed breathing space at the heart of the urban jungle.
Seasoned developer Ortigas & Co. aptly displayed its prowess and expertise arising from an eight-decade legacy in creating this sanctuary. How so?
Ortigas & Co. designed and had masterplanned Capitol Commons to house five luxury residential towers, strategically located in areas where residents will still enjoy privacy, security and exclusivity. While this is so, residents and guests will still find it easy to reach the prime office spaces and commercial areas that showcase a wide array of retail, dining and entertainment selections at Estancia, Unimart Supermarket and Gastro, a strip of free-standing concept restaurants. The idea is to have all these within walking distance from your home.
Lush parks and open spaces abound within the development, too, with the Capitol Commons Park serving as the “green heart” and the centerpiece of balance and holistic wellness. Almost a hectare of space has been made available for residents and guests to relax and enjoy leisure activities with loved ones.
Designs with benefits
All the planned residential towers, located within a 1.4-ha block within Capitol Commons, were also designed to derive certain benefits for the people.
Each project, which has a distinct architectural design, poised to grace the Ortigas skyline, will offer breathtaking views of either Ortigas Center, Pasig River, Laguna de Bay and mountain ranges. Each has its own character and was designed to provide comfort and convenience to its residents.
For example: The Royalton, a 64-storey luxury residential condo, was designed to be “a home fit for royals.”
According to Ortigas & Co., the design inspiration for The Royalton is what it called as “The Veil”—which showcases a sweeping, sexy tall building that is iconic and aesthetically unique. The veil “seems to lightly wrap on the building as if to flutter and flap in the wind. The fold in the fabric of the veil becomes the balconies of the units. Just like the fold of the fabric, the balconies will not have the same cuts and sizes, giving a unique lay-out on each floor and different features in each unit,” it explained.
The tower was also designed to have a proper orientation of the sun and wind, enabling it to block off solar heat from the afternoon sun, thus protecting its residents, guests, workers.
Designed to maximize
The Imperium, which is Latin for “Power to Rule,” is the second residential project to be launched within Capitol Commons. True to its name, this 62-storey tower is touted as the next highly coveted piece of real estate property in Metro Manila. A premier address offering only four units to a floor, this luxurious high rise exudes sophistication with its simple yet elegant architectural design.
According to Ortigas, The Imperium is shifted forward to ensure unobstructed views, while emphasizing its majestic positioning as the “king” of the block, hence its imperial name. In contrast with The Royalton’s sexy and sweeping curves, The Imperium’s architectural design is simple and elegant, made up of clean lines that emphasized its circular form from afar, it added.
Ortigas further pointed out that the trapezoidal canted windows were designed to provide an impressive perspective not just of the horizon but of the Capitol Commons park below. Aside from providing a unique viewing experience, other benefits from this design would be increased illumination and ventilation inside the units.
The Imperium also has a light shelf, an architectural element that allows daylight to penetrate into the units by using a surface to bounce the visible light up towards the ceiling and down into the unit space. This simple horizontal surface reduces the need for artificial lighting, counteracts the harmful glare of direct sunlight, and helps in the preservation of furniture inside the units.
The design of The Imperium offers more height and space given its beamless ceiling, which was achieved through the use of flat slab ceiling directly supported by columns. Obviously, this increases the net clear ceiling height, thus adding more space in a unit, Ortigas said.
Designing for the young
At 62 storeys, The Maven was designed to standout. Its design was inspired by the “lantern” which “symbolizes a movement towards the hip generation. The three-bedroom special units, located at the topmost floors, are said to form the shape of a lantern. A vertical notch on the building face serves as a breezeway while punched balconies create depth and character in the building.”
Located at the northeast corner of Capitol Commons, Maven is seen to be the new haven—an ideal space for the young modern dweller to live, work, play and learn since everything is practically just right outside your doorstep.
Designing for balance
And soon, Ortigas & Co. will be launching its fourth residential project here called “The Empress.” As its name suggests, the latest development will exude femininity and strength while, at the same time, bear that natural nurturing touch of a woman, which means health, balance and well-being would be the top priorities when The Empress was being designed.
To create that much sought balance amid the frenetic pace of life in the city, The Empress was designed to offer a balance of “yin” and “yang” spaces, with yin comprising of the quiet spaces (garden, pamper room, reading room) while the yang pertaining to the active zone (pool, gym, function halls, fitness and dance halls, etc.).
Taking wise, vigilant steps to ward off ‘hungry ghost’
It’s that time of the year when many prefer to lay low, stay out of the limelight and avoid making crucial decisions.
In Chinese culture, the seventh month of the lunar calendar year or most commonly known as the Ghost Month is considered a dangerous period, a time to be extra vigilant and careful, particularly at night.
“The Ghost Month is when the portals of astrological heavens open, allowing spirits to go in and out the portal. The gates of hell are open and when this happens, the (spirits) can easily penetrate our world and do harm. That’s the reason why there are certain taboos during this month,” said certified master feng shui consultant Joyce M. Co.
During this month of hungry ghost, it is widely believed that the yin overpowers the yang, and when the yin chi dominates a house, it starts to attract ghosts and wandering spirits, which were released from hell to roam freely among the living.
While there are precautions you can take, it doesn’t mean that your life will stop during Ghost Month, Co stressed.
“Of course, this doesn’t mean you will stop everything literally. You cannot stop your business during this month, you need to move on with your life. My one advice is to not risk it too much, or take calculated risks. For instance, when you invest, make sure to invest in something that would likely prosper,” Co explained, adding further that this practical advice can go for everything else in one’s life all year round.
One of the best options for investment, according to feng shui, is real estate, Co disclosed.
“Real estate is earth. In feng shui, we talk about five elements namely water, metal, wood, fire and earth. Earth is considered dominant because all elements are there and therefore it can control and affect the other four elements. In feng shui, land is like food which is a basic commodity,” Co explained.
Certain real estate developments however trump other property projects as these have characteristics considered favorable under feng shui.
Co pointed out that feng shui is all about balance, about common sense and practicality.
To usher luck in your investment, choose a reliable developer with a solid track record that can offer you tangible proof about the kind of developments that a company can create. She further advises a potential homebuyer or investor to choose a development that caters to one’s needs and whims, whether it’s about convenience, accessibility, privacy, wellness options, among others, which can give you a holistic, well-balanced lifestyle.
Co further pointed out the significance of land configurations and having conducive living spaces, which are necessary in creating good feng shui.
“Space is very important. It’s one of the basics in feng shui—having air to breathe and space to explore. Air should be meandering. For practical reasons, would you like to live in a cramped space with limited air? When investing in a property like a condo unit, you have to make sure there is enough space,” Co further explained.
Hence, it would be good for your feng shui—and practical too—if you invest in a property that could give you enough space to move around and ample breathing room as well.
Currently, there are developers like Ortigas & Co. that have been creating masterplanned projects that provide residents that much sought space and sanctuary in the middle of a bustling city.
The 10-ha Capitol Commons, touted as a new destination for luxury living, is one mixed use development that offers modern living spaces, office facilities, commercial areas that showcase an array of retail, dining and entertainment selections, as well as lush parks and open spaces that provide the residents, office workers and tenants a much needed breathing space at the heart of the urban jungle.
Here, one can expect no less than a life well lived—one that is centered on comfort, convenience, elegance and wellbeing.
So far, three upscale residential towers were already launched namely 64-storey The Royalton, 62-storey The Imperium, and 62-storey The Maven. Estancia Mall meanwhile offers an array of exciting retail, dining and entertainment options, while the upper floors house 15,000 sqm of prime office spaces.
Accessibility is not a problem too since Capitol Commons is located along Meralco Avenue cor. Shaw Boulevard, within Ortigas Center in Pasig City, and is near major thoroughfares and public transport nodes as well.
Developer ups the ante at famed Kapitolyo
The vibrant Kapitolyo village in Pasig City has been long known to be dotted with food hubs catering to various tastes and cravings.
Ranging from cafés, restaurants with international and local menus, to various bars and pubs, the streets of this mixed-use area have been attracting scores of visitors for years precisely because it was a food destination.
But today, Kapitolyo is no longer just a food destination. Now looming above the famous Kapitolyo restaurants are premium developments housing the same food hubs, with office spaces and residential areas now standing alongside them. And this perhaps has become the reason why this 96-ha area has been transformed into a major investment destination in the highly urbanized city of Pasig.
The area now prides itself as the home of premier development Capitol Commons, brought to the city by real estate pioneer Ortigas & Co.
But the rise of various horizontal business and residential spaces was not done all at once.
Ortigas & Co. first built The Royalton, a 64-storey residential condominium at Capitol Commons. The Royalton is known best for its veil-like appearance, allowing the tower to block the afternoon heat while residents enjoy a view of the Pasig River, Laguna de Bay and Sierra Madre Mountain Range. Its unique shape is also accompanied by the varied designs of its individual units—no two rooms are made alike.
Also rising in Capitol Commons is its second residential building, The Imperium, designed with trapezoidal canted windows made to lessen the need for artificial lighting. This 62-storey tower will have 233 two- to three-bedroom units and suites.
The Maven, another 62-floor residential tower, is different than The Imperium as this future premium high-rise will feature a resort-like amenity bar of five floors, distinctly designed for people “in pursuit of their passion.”
Capitol Commons, however, has more than just residential homes to offer: Ortigas & Co. also made Kapitolyo an even more luxurious space through Estancia Mall. Besides housing the food destinations Kapitolyo was once known for, Estancia became the home of many global luxury brands.
Situated at the top eight floors of this mall are office spaces, collectively known as Estancia Office.
Developed along Shaw Boulevard and Meralco Avenue, Capitol Commons stands in close proximity to other shopping malls and allows faster travel to public transportation.
Easier access to these destinations have further raised Kapitolyo’s land value to almost P250,000 to P300,000 per square meter, according to online real estate platform Lamudi.
Indeed, Kapitolyo Village has since evolved from a well-known food hub to a high-quality investment destination, surrounded by a lively environment made even more vibrant by the premier developments of Ortigas & Co.
Get Fit with Friends and Family at CV Sports Hub
Circulo Verde is a 10-hectare community located in the Metro. Combining nature with modern urban living, Circulo Verde features urban residences such as condominiums and townhouses and amenities including parks, restaurants, and shops.
Whether you’re a young professional, a newly married couple planning to start a family, or someone who is nearing retirement age, the Circulo Verde community is definitely a place you should consider. In addition to the perks of modern living, Circulo Verde also features CV Sports Hub, a place for sports enthusiasts, fitness buffs, or even those who want to take the first step towards a healthier, more active lifestyle. The sports hub features outdoor and indoor sports facilities that you can enjoy with friends and families.
Ride Like a Pro in The Bike Playground
The Bike Playground is a newly opened pump track that is beginning to grab the attention of cyclists both in and outside Metro Manila. Developed by Ortigas & Company in collaboration with global pump track and trail builder Velosolutions, The Bike Playground is the first and only indoor asphalt pump track in the Philippines. The indoor pump track is designed with berms, rollers, and jumps that loop back on itself, allowing you to ride the course continuously without pedaling. Experienced riders can ride the pump track to showcase complex stunts but it is also a suitable area where newbie cyclists can learn and practice new cycling skills.
The Bike Playground also has an outdoor trail, ideal for cyclists and bikers who don’t have time to go out of town to get their trail biking fix. The outdoor track features a rough and grassy terrain, perfect for those who want to test their skills on uneven surfaces. The track also has a giant ramp that lets you experience the thrill of riding up and down a hill. Located outdoors is also the Kids Track, built for the young ones and those who are not yet confident to try the pump track and outdoor trail.
The Bike Playground is not just for cyclists. If you have friends or relatives who ride skateboards and scooters, you can also bring them with you so you can try the amenities together. The Bike Playground also offers bike and gear rentals at affordable rates. If you have kids, you can enroll them in the facility’s cycling class.
Play Different Sports at CV Quad
Situated just beside The Bike Playground is CV Quad, a spacious outdoor court where you can play basketball with your friends. If you’re going alone, you can also use the area for running and jogging.
Where Urban Living Meets the Beauty of Nature
At Ortigas & Company, we conceive and build master-planned developments where people can live, work, shop, and play. We offer residential properties located close to entertainment, retail, and sports facilities. For more information about our developments, contact us today.
Looking for an Office Space in the Metro? Consider Ortigas CBD
Metro Manila is one of the prime business destinations in Asia. The city, in recent years, has picked up some steam and became an emerging global city like Jakarta, Shanghai, and Seoul. In fact, UK-based Oxford Economics predicts that Metro Manila will be the 9th fastest-growing city in the Asia-Pacific from 2018-2022, according to its report published in Inquirer Business.
Apart from being on that list, Metro Manila is a strategic location for both government offices and commercial spaces due to the types of property available, accessibility, and availability of space.
If your business is looking to rent office space in the metro, consider leasing one of the available commercial spaces in Ortigas. Here are great reasons to go for this location:
Affordable Lease Rates
Office spaces in Metro Manila, according to the Philippine News Agency, are becoming more expensive. Makati CBD, for instance, has the highest weighted average lease rate at 1,419.68 pesos per square meter per month. Ortigas CBD, on the other hand, is becoming the least costly market for office space. Its weighted average lease rate is 698.72 pesos. Small businesses and start-ups with a tight budget can opt for the lower rates in Ortigas.
Situated at the boundaries of Quezon City, Mandaluyong, and Pasig, Ortigas is unquestionably accessible. Getting to the central business district, in fact, is easy. Professionals working here can commute to Ortigas Center via the following:
- Metro Railway Transit (MRT) along EDSA – If they’re coming from EDSA-Taft Avenue or North Avenue, they can opt to take the train to Ortigas Station.
- Bus – Those coming from the South can ride a bus going to Fairview or Monumento and disembark at Ortigas. On the other hand, those coming from the North can take a bus going to Baclaran and get off in Ortigas.
- Jeepney – Some jeepneys in the Cainta Junction have EDSA Central as one of their stopovers. Additionally, those coming from the city of Mandaluyong can ride a jeep bound for a mall in EDSA-Shaw. From there, they can take the overpass and walk towards their destination.
- FX – They can ride this PUV in LRT-2 Pureza Station going to major malls in Ortigas. There are also FXs in Quiapo, which goes directly to Ortigas Center. · Subway – The proposed Metro Manila Subway Project (MMSP) will have two stations that will make Ortigas Center more accessible to the public. The first is the Ortigas North Station, whose future location will be in front of Ortigas Building. The second is the Ortigas South Station, which will be in Capitol Commons.
The streets in Ortigas are well lit throughout the night. There are police officials riding in their motorcycles who are visible in nearly every street. Employees working in the graveyard night can enjoy peace of mind knowing that they’re safe as they walk to their place of work. Additionally, Ortigas have overpasses that help keep people safe. In October 2017, three of these walkways opened in Ortigas Center as part of the efforts by the local government and the private sector to make urban cities friendlier to pedestrians. With these convenient bridges, professionals can safely and easily reach the other side without having to walk through the large roads of the central business district.
Ortigas Center is a bustling nest of industries, from BPOs to banks. A few of the master-planned developments that offer commercial spaces for lease are The Offices at Estancia, Silver City, and The Glaston Tower. Get in touch with us today for more information about our real estate developments.
Ortigas launches P14-B office tower
Ortigas & Company is expanding its office portfolio with the launch of the first phase of The Galleon which is expected to generate P14 billion in sales.
The project is a mixed-use, two-tower development which will soon rise in the heart of Ortigas Center and offer office, retail, and residential spaces.
The first tower to be introduced will be the office building which will provide spaces fit for the needs of businesses — whether multi-national companies, conglomerates, or professional firms.
“We are excited to introduce The Galleon to the market, especially as this is a premier development in the Ortigas central business district,” said Ortigas & Company President Jaime E. Ysmael.
He noted that, “as the demand for high-quality office spaces continues to rise, we are confident that this property will be able to offer something new to investors who place apremium on convenience, accessibility, sustainability, and the prestige to claim their own piece of Ortigas Center.”
Offices at The Galleon will consist of 31 office levels with food and retail establishments on the first two levels of the building. There will also be five levels of basement parking to accommodate office tenants and retail patrons.
Unit sizes for office spaces start at 75 square meters to 767 square meters, with prices ranging from P20.9 million to P184.3 million. It has a net saleable area of 47,000 square meters priced from P250,000 to P266,000 per square meter.
Set to rise along ADB Avenue and right across the Asian Development Bank Headquarters, The Galleon offers convenience, and accessibility given its location. Various food, retail, and entertainment establishments surround the property.
“The Galleon is the first development this year that we’re introducing as we celebrate our 88thAnniversary. As we anchor our premier development in Ortigas Center, we aim to strengthen our position as a developer that builds great places that complement and enhance the lives of people,” said Ysmael.
Ortigas and Co. expects P14 billion in sales from office-for-sale building
Property developer Ortigas and Co. on Wednesday said it is spending some P11 billion to develop The Galleon, a mixed-use, two-tower property that will be built near the Asian Development Bank in Ortigas Center.
Company president and CEO Jaime E. Ysmael said the company will first launch the sale of office spaces, which he said will be a premium space and not for the business process outsourcing sector. The company is expecting P14 billion in sales from the project, which it is selling at an average price of P266,000 per square meter.
The first tower to be introduced will be the office building, but the entire development will also have retail and residential spaces.
“As the demand for high-quality office spaces continues to rise, we are confident that this property will be able to offer something new to investors who place a premium on convenience, accessibility, sustainability and the prestige to claim their own piece of Ortigas Center,” Ysmael said.
There will be about 47,000 square meters in net saleable area and will be completed by 2025.
Offices at The Galleon will consist of 31 office levels with food and retail establishments on the first two levels of the building. There will also be five levels of basement parking to accommodate office tenants and retail patrons. Unit sizes for office spaces start at 75 square meters to 767 square meters, with prices ranging from P20.9 million to P184.3 million.
“The Galleon is the first development this year that we’re introducing as we celebrate our 88thAnniversary. As we anchor our premier development in Ortigas Center, we aim to strengthen our position as a developer that builds great places that complement and enhance the lives of people,” Ysmael said.
Other office portfolio of the company, which comprises of The Glaston Tower and Silver City in Ortigas East, the Ortigas Building and the IBP Tower in Ortigas Center and the Offices at Estancia in Capitol Commons.
Ortigas & Co. sets P12-B capex for 2019
Property developer Ortigas & Co. has allotted P12 billion to capital expenditures this year to finance expansion initiatives.
“Our capex for the year is about P12 billion for all of our requirements for the year ... Last year was only about P9 billion,” Ortigas & Co. president and CEO Jaime Ysmael told reporters at a news briefing in Pasig City on Wednesday.
“That would all be funded by internally generated funds and some borrowings,” Ysmael noted.
Among the major projects to be launched this year is the P11-billion mixed-used “The Galleon” in Ortigas Center along ADB Avenue, offering office, retail, and residential spaces
The project will be launched on July 21, 2019 and is targeted to be finished by fourth quarter of 2025.
“As the demand for high-quality office spaces continues to rise, we are confident that this property will be able to offer something new to investors who place a premium on convenience, accessibility, sustainability, and the prestige to claim their own piece of Ortigas Center,” Ysmael said.
In the next five years, Ortigas & Co. is looking at a capital expenditure program of around P12 billion to P15 billion.
“We see P12-P15 billion in capex over the next five years as we pursue our expansion plans,” Ysmael said.
Ortigas & Company Anchors Its Premier Development In Ortigas Center With The Galleon
Ortigas & Company sustains its momentum in expanding its office portfolio with the launch of The Galleon, a mixed-use, two-tower property which will soon rise in the heart of Ortigas Center which will offer office, retail, and residential spaces.
Poised to become Metro Manila’s next prime business address, The Galleon offers a rare opportunity for investors to own a piece of Ortigas Center. The first tower to be introduced will be the office building which will provide spaces fit for the needs of businesses—whether multi-national companies, conglomerates, or professional firms.
“We are excited to introduce The Galleon to the market, especially as this is a premier development in the Ortigas central business district. As the demand for high-quality office spaces continues to rise, we are confident that this property will be able to offer something new to investors who place a premium on convenience, accessibility, sustainability, and the prestige to claim their own piece of Ortigas Center,” says Ortigas & Company President and CEO Jaime E. Ysmael.
The Offices at The Galleon will be the first tower to rise in the development. The 30-storey office tower will be built with sustainability features that will benefit both the community where it sits and tenants who see value with investing in an upscale office space in one of the metro’s prime CBDs.
Offices at The Galleon will consist of 31 office levels with food and retail establishments on the first two levels of the building. There will also be five levels of basement parking to accommodate office tenants and retail patrons. Unit sizes for office spaces start at 75 square meters (850 sq. ft) to 767 square meters (8,256 sq. ft), with prices ranging from PhP 20.9 million to PhP 184.3 million.
The tower exudes a modern look, with glass exteriors allowing natural light to fill the spaces. The design is intended to showcase the promise of high-quality and premium spaces which is offered by The Galleon.
Set to rise along ADB Avenue and right across the Asian Development Bank Headquarters, The Galleon offers convenience, and accessibility given its location. Various food, retail, and entertainment establishments surround the property. Situated near EDSA, and rising in the most central point of Ortigas Center, navigating to the surrounding cities is made easy.
Life at the Philippines’ First Eco-estate Looks Amazing
We’re getting a sneak peek inside Ortigas East and the early impressions are stunning. Ortigas & Company is developing the mixed-used project as Metro Manila’s first eco-estate. Sustainability is at the heart of this modern community that is set to become one of the Philippines’ premier lifestyle hubs.
Residents, workers and visitors will be able to enjoy functional spots, parklets, tree-lined roads and public art displays that intermingle with the residential, retail and commercial spaces. The development has been designed to encourage a healthy lifestyle with its pedestrian-friendly streets making it ideal for walking.
Another key benefit of Ortigas East is that it is the only development along the C5 corridor that has three main access points: C5, Ortigas Avenue and Julia Vargas. The community sits at the nexus of economic activity in Metro Manila and is likely to become the city’s next prime business address.
1st residential building launches in Ortigas East
Maple at Verdánt Towers is the first residential building to launch in Ortigas East and will provide a home to many inside the impressive fully integrated estate. Ortigas & Company has worked carefully to craft a living space befitting of the eco-estate.
The interiors use natural materials, such as wood and stone, to create an inspired minimalistic design. Meanwhile, the amenity deck of Maple at Verdánt Towers features a Gardenwalk that boasts lush landscaping and captivating design to enrich daily life.
Those living here will find both indoor and outdoor play areas for children along with a swimming pool, residents’ lounge, game room and outdoor community space surrounded by greenery.
Of course, the needs of modern residents have been taken into consideration throughout Maple at Verdánt Towers. There are retail spaces at the ground level of the building along with nine levels dedicated to parking. Additionally, 100 percent backup power is available for every last unit at the development.
Living large in Maple at Verdánt Towers
No feature stands out quite like the inclusion of both townhouse and garden units inside in Maple at Verdánt Towers. These rare residential spaces offer a vibrant life in the heart of the city.
The two-bedroom garden units are located on the amenity level of Maple at Verdánt Towers. Each residence has two levels and range in size from 137 to 164 square meters. In addition to this, there is a private, green space with spectacular views of the BGCskyline.
The townhouse units are for those who want to enjoy space and exclusivity without needing to leave the city. These impressive homes have three bedrooms and come with a bi-level configuration. This setup allows them to have a front yard, balcony and private garden. The townhouses have also been equipped with an exclusive elevator from the parking at podium level 2 to the townhouse units.
There are only six townhouse units and four garden units in Maple at Verdánt Towers along with a mix of studio, one- and two-bedroom condos.
Invest today, enjoy tomorrow
It’s only a matter of time before Ortigas East becomes Metro Manila’s next iconic area. That is why now is the best time to invest. Doing so will allow you to own a property that offers both value for money and a high potential for growth. With a wide-range of new developments in the pipeline, prices in the future look set to increase at Ortigas East.
Those who want to enjoy life in a modern, vibrant community can be among the first to live in Ortigas East by securing a unit in Maple at Verdánt Towers. For real estate investors, there is significant potential for leasing income with new office developments set to be part of Ortigas East.
Ortigas Projects Win 2019 Asia Pacific Stevie Awards
MANILA, Philippines — Premier property developer Ortigas & Company added three Bronze Stevie Awards to its achievement roster as its projects – The Glaston Tower, Maple at Verdánt Towers, and Ortigas Art Festival – received recognition at ceremonies held recently at the InterContinental Hotel, Singapore. Winning bronze in this year’s Asia Pacific Stevies are The Glaston Tower (for Innovation in Business-to-Business Products under the New Product Category); Maple at Verdánt Towers (for Innovation in Consumer Products and Services under the New Product Category); and Ortigas Art Festival (for Innovation in the Use of Events). Deemed as one of the most prestigious and globally acclaimed award-giving bodies across multiple industries, the Stevie Awards honors achievements and public contributions of organizations and working professionals worldwide. This year’s Asia Pacific tilt recognized companies’ adept use of innovation in its delivery of products and services. “We are honored to have been recognized again by the Stevie Awards. This will further inspire us to continue to innovate and introduce products that address the ever-evolving needs of our customers. The awards are a testament to our commitment to excellence and global competitiveness,” said Ortigas & Company president and chief executive officer Jaime E. Ysmael. Poised to become Metro Manila’s next premier business address, The Glaston Tower in Ortigas East is an office development set to provide spaces for both startups and traditional companies.
It is the first office for sale from Ortigas & Company. Through its prime location in an eco-estate, The Glaston Tower offers a holistic environment that fosters productivity and promotes an ideal balanced lifestyle for the modern Filipino professional. Maple at Verdánt Towers, another Ortigas East project, is a prime residential space that will provide city dwellers with a refreshing escape within the heart of the bustling metro. Townhouses and condominium units are masterfully combined to offer living options that provide respite while being conveniently located in an integrated estate that affords access to all business and leisure comforts. Held at Estancia in Capitol Commons, the Ortigas Art Festival featured contemporary art from up-and-coming artists. It made art a more accessible and engaging experience for all by locating the event at Estancia, thus also transforming the mall into a creative space for visitors.
Ortigas Projects Bag Asia Pacific Stevie Awards
Premier property developer Ortigas & Company has added three Bronze Stevie Awards to its achievement roster as its projects The Glaston Tower, Maple at Verdánt Towers, and Ortigas Art Festival received recognition in recent ceremonies held at the InterContinental Hotel, Singapore.
Winning bronze in this year’s Asia Pacific Stevies are: The Glaston Tower, for Innovation in Business-to-Business Products under the New Product Category; Maple at Verdánt Towers, for Innovation in Consumer Products and Services under the New Product Category; and Ortigas Art Festival, for Innovation in the Use of Events.Deemed as one of the most prestigious and globally acclaimed award-giving bodies across multiple industries, the Stevie Awards honors achievements and public contributions of organizations and working professionals worldwide. This year’s Asia Pacific tilt focused on and recognized companies’ adept use of innovation in its delivery of products and services.“We are honored to have been recognized again by the Stevie Awards. This will further inspire us to continue to innovate and introduce products that address the ever evolving needs of our customers. The awards are a testament to our commitment to excellence and global competitiveness,” said Ortigas & Company president and CEO Jaime Ysmael. Poised to become Metro Manila’s next premier business address, The Glaston Tower in Ortigas East is an office development set to provide spaces for both startups and traditional companies alike.
LOOK: Christmas Street Light Musical Tunnel dazzles Pasig
As night falls and the spotlights dim from a stage, a medley of lights and Christmas music burst along Frontera Drive in Pasig City.
The Christmas Street Light Musical Tunnel opened to the public for its second year, entertaining visitors with a colorful light display synced with various yuletide jingles.
The highly acclaimed display stretches along a section in front of the Tiendesitas shopping center, covering the street with 2,368 pixels of light, made up of red, blue, and green bulbs, flickering to the beat of the music.
From November 7 until January 7, 2019, the musical light show will play every 30 minutes from 6 p.m. to 10 p.m., even as vehicles pass the festive street.
Ortigas & Company has big plans in store for their malls, Rappler
A new mall in Greenhills, award-winning Christmas campaigns in Estancia and Tiendesitas – get to know some of Ortigas & Company’s upcoming plans and activities
MANILA, Philippines — Changing times call for changing needs.
Ortigas & Company has taken these words to heart as they have been prepping big plans to beef up the customer experience across their properties. You could see these from wide-scale initiatives in upgrading their malls to the smaller events and activities held inside them.
Here’s what to look forward to in the coming months and years.
A modern approach to retail
Ortigas & Company is ramping up its P 60-billion development of Greenhills, starting off with a new regional mall. The mall will be a mix of popular global and local brands, as well as Greenhills’ signature tiangges.
Eyed to open in 2021, it’s estimated that the mall will be able to house 150 brands and 2,000 tiangge stalls. It will be seven floors tall, as well have three basement levels for parking.
“We are building on the format that we have now, and making it more attuned to the current trends of global and local retail,” Ortigas & Company Vice President and Ortigas Malls General Manager Arch. Renee Bacani shares.
She adds that while this will be a reinvigoration of Greenhills, it will not lose sight of its advocacy of helping local entrepreneurs. “We have always supported Filipino entrepreneurial talent and we will continue to be a retail incubator for these up and coming businesses,” Bacani stresses.
Fueling San Juan’s growth
The mall is merely an early stage of a long-term plan in developing the San Juan area. In the coming years, the mall will be a central link to more properties in the area: The Connor at Greenhills, a revamped Unimart, McKinley Arcade, and an upcoming BPO office space.
Sustainability, accessibility, community: Ortigas East is the metro’s eco-estate
Championing well-being for the public and the environment, this Ortigas & Company development is a worthy investment
The Philippine property market remains robust with developments that offer all sorts of value: affordability, accessibility, and amenities, among others. With all the options available for property buyers, premier developer Ortigas & Company makes a compelling case on why its newest estate, Ortigas East, is worth the investment.
Ortigas East, formerly called Frontera Verde, is now being redeveloped by the company with a P50-billion outlay into an “eco-estate”. This is Ortigas & Company’s first redevelopment plan conceived under the synergy of Ortigas & Company, Ayala Land, and SM Prime. The estate aims to seamlessly integrate a modern, bustling community with a lifestyle grounded on accessibility, community, and sustainability.
“Through the synergies present in Ortigas & Company, we are coming up with a truly unique and iconic eco-estate called Ortigas East. Our masterplan is designed for the efficient and innovative use of mixed-use properties covering residential, retail, and business. All these facets come together to provide the market with an attractive product that they can invest, work, and live in,” said Ortigas & Company Senior Vice President and Chief Operating Officer Thomas F. Mirasol.
Increased property value with location, accessibility
A prime reason why Ortigas East is attractive is because of Ortigas & Company’s proven performance as an investment. Property value in the Ortigas East area has doubled in the last five years. Headlining its distinctions is the estate’s excellent location. Ortigas East is the only development along the C5 corridor that has three main access points: C5, Ortigas Avenue, and Julia Vargas. Its strategic location puts it at the nexus of economic activity.
In fact, Ortigas East is set to become Metro Manila’s next prime business address — a natural extension of the Ortigas central business district. With a high office occupancy rate of 95% according to Colliers International, Ortigas-based offices remain in-demand especially to those looking to base their operations in the area.
Earlier this year, Ortigas & Company launched its first office development in Ortigas East: The Glaston Tower. With 81% uptake only a few hours after its launch, The Glaston Tower proves the strong demand for office supply in Ortigas and marks Ortigas East’s first phase of redevelopment.
The property is also friendly to public transportation, private motorists, and pedestrians. Apart from the three main access points, Ortigas East will have a multi-modal transport terminal, a six-lane boulevard connecting Ortigas Avenue and Julia Vargas, as well as spacious tree-lined road networks within the estate.
Creating an eco-estate
Ortigas & Company is working with world-class firms to create this modern, self-sustaining eco-estate: Callison RTKL is the design consultant for master planning, while WSP serves as consultant for traffic analysis.
“Our vision for Ortigas East is to become the eco-estate. We want to build a fine example of sustainability. Ortigas East is going to set the bar in innovative design and master planning, and will fully showcase our company’s commitment to build healthy, happy places where people desire to work, shop, and live,” Mirasol shared.
To achieve this eco-friendly vision, Ortigas East will have 40% green, open space that will combine functional spots, parklets, tree-lined roads, and integrate public art. The development is also designed to encourage a healthy lifestyle through walking with its pedestrian-friendly streets.
The eco-estate’s redevelopment will come in three phases. Kicking off the first phase are The Glaston Tower, a connecting regional mall, and a residential development that will be launched soon. The second phase will focus on community as Ortigas East unveils its open spaces, parks, and more residential offerings. The final phase, meanwhile, will bring in a hotel — a first for an Ortigas & Company estate — and more retail and office developments.
Setting the standard for sustainability
With its focus on environmental sustainability, Ortigas East is setting the standard as the metro’s eco-estate.
It is bent on reducing carbon emissions through encouraging the use of bicycles by designating bike lanes and bike stands in the property, and prioritizing sustainable lighting throughout the estate. Ortigas East will also promote efficient water use through the implementation of a rainwater recovery system per building.
Lastly, Ortigas East is committed to implementing an efficient waste management system that encourages recycling and proper waste disposal that promotes health and cleanliness throughout its neighborhood.
“We believe that it is of absolute importance to adopt a forward-thinking mindset by constantly reinventing our processes and designs, to make our properties more attractive to investors. We are doing this with our eco-estate Ortigas East, and we are eager for the community to experience this and benefit from it,” Mirasol concluded.
Ortigas & Company to spend P26B on Capitol Commons
The property developer is expanding Estancia mall and constructing condominiums at Capitol Commons in Pasig City
MANILA, Philippines – Property developer Ortigas & Company will spend P26 billion on Capitol Commons, its 10-hectare mixed-use estate in Pasig City.
The investment includes funds for the expansion of the upscale Estancia mall.
Estancia's expanded section will have a gross floor area of 76,000 square meters (sqm). Ortigas & Company said on Thursday, July 5, that this section will include:
- a department store by retail giant SM
- global lifestyle brands
- office spaces (11,000 sqm of the total 76,000 sqm)
The mall's new section is expected to be opened in 2019.
Three condominiums will also rise at Capitol Commons – Royalton, Imperium, and Maven – set for completion in the next 3 years.
"Capitol Commons is one of our key fully integrated developments in the Ortigas central business district (CBD). It is an enclave positioned as truly modern and global, and we are fully committed to unlocking its value," said Ortigas & Company president and chief executive officer Jaime Ysmael.
The property developer also noted that the Ortigas CBD would be more accessible through government infrastructure projects.
These include the P1.6-billion Bonifacio Global City-Ortigas Center Link Road Project, which broke ground in July 2017 and is expected to be completed by March 2020. The Department of Public Works and Highways (DPWH) said this road would cut travel time between Taguig City and Pasig City to just 12 minutes.
Capitol Commons can also eventually be reached through the Ortigas South Station of the planned Metro Manila Subway. The P356.96-billion subway will run from Mindanao Avenue in Quezon City to the Ninoy Aquino International Airport in Pasay City, and is expected to be completed by 2025.
"Our master plan for Capitol Commons takes into account not only today's lifestyle, design, and construction trends, but also upcoming developments that involve the wider community. This investment will prepare us to become a truly integrated hub for live-work-play on this side of Metro Manila," Ysmael said.
Aside from Capitol Commons, Ortigas & Company's mixed-use developments include Greenhills Center, Ortigas East, and Circulo Verde.
Back in March, Ortigas & Company said it would spend P50 billion to redevelop the 16-hectare Ortigas East, formerly named Frontera Verde. – Rappler.com