Advertisement

Federal Land to build high-end condo in Ortigas

Font Size

Federal Land, Inc. is planning its first project in Ortigas Center, Pasig City.

FEDERAL LAND, Inc. is making its first foray into Ortigas Center, as it plans to develop a high-end condominium complex.

In a statement, the property arm of GT Capital Holdings, Inc. said it will soon launch a two-tower project situated on a 5,090-square meter (sq.m.) lot along Exchange Road in Ortigas Center, Pasig City.

Federal Land said it is planning to build a “second iteration” of its award-winning project in Makati which was in collaboration with Japanese firms.

“Ortigas Center is a prime location for residential development as it strategically encompasses three major cities — Pasig, Mandaluyong and Quezon City. One can also conveniently get around other urban centers like Makati and Bonifacio Global City,” Federal Land General Manager Thomas F. Mirasol said in a statement.

The unnamed Ortigas project will offer 782 residential units with Japanese architecture and design, as well as Zen-inspired amenities.

“We continue to invest in our country’s progress and partner with world-class organizations that match our strengths as a developer and further reinforce our technical expertise and global standards,” Mr. Mirasol said.




Public infrastructure projects are expected to drive growth in Ortigas Center. These include the 633-meter BGC-Ortigas Center Link set to be completed by 2020, and the 36-kilometer Metro Manila Subway Project, which will run across cities including Quezon City, Pasig City, Taguig City, and Pasay City and will be completed by 2025. — Vincent Mariel P. Galang

An earlier version of this story stated the project would be a “second iteration” of a project called Season Residences. Federal Land Inc. clarifies that the new project is not associated with Nomura Real Estate Development Co., Ltd. and Isetan Mitsukoshi Holdings, Ltd.

Advertisement