The Royalton at Capitol Commons' First Concrete Pouring. In photo are: DMCI EVP and General Manager for Construction Edilberto C. Palisoc, Atty. Ignacio R. Ortigas, President and Chief Operating Officer of DMCI Jorge A. Consunji, Senior Vice President of Ortigas & Co. Joselito F. Santos, Vice President of DMCI Luis C. Pastor, and Rafael B. Ortigas
Pasig, Philippines—Premier property developer Ortigas & Co. marks its 83rd founding anniversary with the construction of its most daring and iconic architectural masterpiece yet. The Royalton, first of the five towers to rise in Capitol Commons, is a 64-storey luxury address that sets the tone for the transformation of the Pasig skyline.
The concrete pouring ceremony held recently by Ortigas, with its construction partner D.M. Consunji, Inc., meant work has begun for the tower's structural works and soon The Royalton will be rising its way up to mark the Ortigas skyline.
“Royalton is a statement from Ortigas. While it is tempting to design and sell units that are uniform and enough to meet the most basic requirements of homeowners, we had a greater objective in mind, and that is to make the Pasig landscape exciting once again. So in a simple ceremony such as this, we relish the forthcoming of a dream that has, literally, been concretized. It will challenge the most experienced construction firms like DMCI, but the challenge will be worth it," says Joey Santos, SVP and General Manager of the Real Estate Division, Ortigas & Co.
Ortigas calls Royalton's design, “The Veil." Its eye-catching sinuous figure appears to gracefully flow with the wind and its curves come from the unit balconies—this goes to say that no two units will be the same. The architecture also allows good air circulation and shade from the afternoon sun, with unobstructed views of the Sierra Madre mountain range and the Ortigas skyline.
“Apart from the aesthetics, what seals the deal for most buyers is the premium location. The development is situated to become the southern anchor of the Ortigas central business district. This patch of land also has a unique history, being the site of the former Rizal Provincial Capitol. More than five years ago, this place had been a seat of power and now, Ortigas is revitalizing it by pouring in an investment of P25-billion pesos," adds Santos.
The tower will have a full range of amenities such as conference rooms, a fitness center, landscaped garden deck, and a lap pool. A unit's floor area can range from 34 to 154 square meters with prices at P5.5-million to P23.6-million.
DMCI is set to complete the project in December 2017.
Capitol Commons is a P25-billion mixed-use development that will house five residential towers, five state of the art cinemas in an entertainment complex called Paragon, and a grocery shopping center called Unimart. Early this year, Ortigas already named the second residential tower Imperium, which belongs to the ultra-luxe category having only four units to a floor.
Another development feature of Capitol Commons is the restaurant strip called Gastro. It was launched during end 2013 with four key tenants: Black Olive Cerveseria, Tipsy Pig, Nomama Artisanal Ramen, and a Starbucks drive through. Soon enough, Sentro 1771 from the Chateau Group would be joining the line.
Its crown jewel would be the 35,000 square meter upscale mall called Estancia, which is set to have three levels dedicated to destination retailers and another two other levels for knowledge process outsourcing (KPO) offices. Estancia will be opened to the public by the fourth quarter of 2014.
Ortigas & Co. is behind some of Metro Manila's prime residential communities such as Valle Verde, Greenhills Subdivisions, and Greenmeadows. It is also the company behind known shopping destinations in the Metro such as Greenhills Shopping Center and Tiendesitas.
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