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Ortigas & Company embarks on P50B Ortigas East redevelopment

Premier property developer Ortigas & Company solidifies its portfolio with another landmark redevelopment as it introduces Ortigas East.

Formerly known as Frontera Verde, the 16-hectare estate along C-5 and Julia Vargas is a masterplanned mixed-use community poised to become a fully integrated estate built on efficiency and sustainability, and envisioned to cultivate creativity and connectivity.

The P50-billion redevelopment will be executed in three phases, and will make Ortigas East the new residential, retail, and business hub in the east of the metro, and a natural extension to the Ortigas central business district.

“Ortigas East moves us another step closer to our goal of fully realizing the potential of our 52-hectare landbank. We started with Greenhills last year, and now, it’s Ortigas East. We are building this as an eco-efficient, connected community filled with the comforts that will allow people to live and move better inside a well-planned estate,” says Ortigas & Company President and Chief Executive Officer Jaime Ysmael.

The first phase of the redevelopment will bring new residential, retail, and office developments to Ortigas East.

Eco-efficient, connected community

According to Ysmael, Ortigas East is set to redefine mixed-use developments through the advanced planning and design done for the property. To achieve its vision of an eco-efficient, connected community, Ortigas & Company partnered with world-renowned firms such as Callison RTKL, who worked on the masterplanning; WSP Parsons Brinckerhoff for traffic analysis; AIT Wind Solutions for wind analysis on the buildings; and Langan for seismic analysis.

Ortigas & Company also included plans for an improved road network inside Ortigas East to provide more spaces for people to walk and bike in. 40% of the estate’s total space will be allotted for open parks and areas to provide balance amid the tall structures. Ortigas & Company is also putting up a transport terminal to help people get in and around the property, as well as the surrounding areas.

First office tower for sale

Ysmael also shared that Ortigas & Company is set to launch a new office tower next month, which is the firm’s first office tower for sale. Called The Glaston Tower, the 34-storey structure is being positioned as the metro’s new prime business address that caters to both local and multinational businesses.

In mid 2017, Ortigas & Company also announced the redevelopment of its Greenhills estate in San Juan. The ongoing redevelopment will also be done in three phases, with the first phase seeing the introduction of Connor, a new residential tower, as well as a new mall and a BPO office.

 

Ortigas & Company is one of the pioneers in real estate development in the Philippines. Now on its 86th year, the company continues to build great places for life through its iconic estates for living, shopping, business, and entertainment. It is the developer behind some of Metro Manila’s best-known residential enclaves and mixed-use projects: Capitol Commons, Greenhills Shopping Center, Ortigas East, Circulo Verde, Greenmeadows, Valle Verde, and Greenhills Subdivisions. For more information, visitwww.ortigas.com.ph or call 633-1580.


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