What's New in Ortigas and Company

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LOOK: Christmas Street Light Musical Tunnel dazzles Pasig

ABS-CBN News

Posted at Nov 07 2018 02:10 AM | Updated as of Nov 07 2018 11:54 AM

 

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.

 

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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.

 

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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.

 

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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
  • cinemas
  • restaurants
  • 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

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