What's New in Ortigas and Company
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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