Bridgetowne Estate

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Bridgetowne estate

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Bridgetowne Estate

Bridgetowne Estate

Bridgetowne is a real estate development spanning the border of Pasig and Quezon City in Metro Manila, Philippines. It is a mixed township and business park situated in a former industrial area on both banks of the Marikina River near the junction of Eulogio Rodriguez Jr. Avenue and Ortigas Avenue.

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Overview

Bridgetowne is a real estate development spanning the border of Pasig and Quezon City in Metro Manila, the Philippines. It is a mixed township and business park situated in a former industrial area on both banks of the Marikina River near the junction of Eulogio Rodriguez Jr. Avenue and Ortigas Avenue.

Location

Bridgetowne straddles the dividing line between Quezon City and Pasig and is divided into two tracts by the Marikina River. The majority of the development, the 22.56-hectare (55.7-acre) Bridgetowne East, sits on the eastern bank of the river within an area of Pasig administered as part of the village of Rosario.[4] This area bounded by Amang Rodriguez Avenue to the east is a densely populated residential and industrial area in close proximity to the Manggahan Floodway. The 8.05-hectare (19.9-acre) Bridgetowne West occupies the Quezon City side of the township where it is bordered by Eulogio Rodriguez Jr. Avenue (C-5 Road) to the west. This area in Ugong Norte is a major transportation corridor that links Ortigas Center and Eastwood City. It neighbors the Parklinks development on both banks of the Marikina River to the north and the Alaska Land IT Center to the south, with Green Meadows and Valle Verde gated villages forming its western border across C-5. The township is also a stone’s throw from the Ortigas East, The Grove by Rockwell and Arcovia City mixed-use developments of C-5 just south of Ortigas Avenue. In September 2019, Robinsons Land inaugurated the 200-metre (660 ft) long arch bridge connecting its two sides across the Marikina River that also serves as an alternate route between C-5 and Amang Rodriguez Avenue.[5]

History

Bridgetowne is a redevelopment of several former industrial properties along the Marikina River in Rosario and Ugong Norte. The eight-hectare Quezon City property was acquired by Robinsons Land in 2011, two hectares of which was purchased from Republic Glass Holdings Corp. which operated a glass manufacturing facility at the location.[6][7] In April 2013, Robinsons Land announced a ₱30 billion business park development for the property, its second after the Robinsons Cybergate development.[8] The company topped off its first office building in the eight-hectare Bridgetowne Business Park in Quezon City, the 20-storey Tera Tower, in November 2014.[9]

On September 5, 2019, the business park was rebranded as simply Bridgetowne, Robinsons Land’s first township in the country, now covering 30.61 hectares.[1] The 200-meter long Bridgetowne Bridge also opened to the public linking its Quezon City IT park component to the new 22.56-hectare Pasig redevelopment site added to the township.[10] The Pasig property covers the former Rosario Plant, a food processing plant of JG Summit subsidiary Universal Robina, and Litton Knitting Mills, a 7-hectare (17-acre) textile manufacturing complex which stood at the site since 1954 and which JG Summit purchased in the 1970s.[11]

In December 2019, another hectare was added to the township through a joint acquisition of the former Red Ribbon Bakeshop commissary on C-5 Road adjacent to the property by Robinsons Land and DoubleDragon Properties.[12]

Developments

Robinsons DoubleDragon Square

A redevelopment of the former one-hectare Red Ribbon Bakeshop commissary building on C-5 Road by the 50-50 percent joint venture of Robinsons Land and DoubleDragon Properties. The ₱2 billion mixed retail and office development will occupy two-thirds of the Red Ribbon lot and will provide 103,000 square metres (1,110,000 sq ft) of gross leasable space.[12]

The Victor

The Victor is a 60-metre (200 ft) tall steel statue designed by Filipino-American artist Jefrë which will be erected at the foot of the Bridgetowne Bridge. The colossal public art piece is expected to be one of the tallest lighting projection art installations in the world.[3] It was inspired by the company’s founder, John Gokongwei, who “despite the challenging early part of his life, emerged victorious by building a successful and huge conglomerate” in the Philippines.[4] The marine-grade perforated steel art piece is also said to symbolize unity, hope, strength and success of ordinary Filipinos. It is slated for completion by Q1 2021.[3][4]

Office developments

Bridgetowne West is a Philippine Economic Zone Authority-registered IT park that is planned to contain seven office towers catering to the business process outsourcing industry.[4] In February 2020, Robinsons Land started construction on its first office development in Bridgetowne East.

Campus One

Robinsons Land announced its first office tower development for the Bridgetowne East property in Pasig in February 2020. Campus One will be a three-story building containing a total leasable space of 19,578 square metres (210,740 sq ft) and will house the headquarters of FinAsia Land Development and Construction Corp. It is slated for completion by Q3 2020.[13]

Tera Tower

Tera Tower is a 20-story LEED-registered office building in Bridgetowne West. It is the first office development of Robinsons Land in its eight-hectare cyberpark which was completed in November 2014.[9] It hosts the headquarters of Universal Robina, a sister company of Robinsons Land.

Exxa and Zeta Towers

Robinsons Land topped off its second office tower in the Bridgetowne cyberpark in February 2018. Zeta Tower, a 20-story green office building, has 35,000 square metres (380,000 sq ft) of office gross leasable area and will also host around 20 retail establishments.[14] A contact center of Hinduja Global Solutions is located at Zeta Tower. Its twin, Exxa Tower, was completed later that year, and now hosts a contact center of American business services company Concentrix.[15][16]

Giga Tower

Robinsons Land’s fourth office tower development in Bridgetowne is the 29-story Giga Tower located beside Tera Tower. It has a gross leasable area of 35,000 square metres (380,000 sq ft) and houses a contact center of VXI Global.[17][18]

Residential developments

Cirrus

Cirrus is a 40-story residential condominium high-rise under construction in the Bridgetowne East section of the township. It is a development of Robinsons Communities and will feature 1,500 studio units.[4]

The Velaris Residence

The Velaris Residences is a ₱5.6 billion luxury condominium development by RHK Land Corporation, a joint venture of Robinsons Land and Hongkong Land. It is a 45-story glass and concrete tower on a 1.7 hectare piece of land in Bridgetowne East with a target completion date of 2024.[19]

Source: Wikipedia

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