Capitol Commons

Capitol Commons
Location Oranbo, Pasig, Metro Manila, Philippines
Opening Date 2011 (2011)
Developer Ortigas & Company
Owner Ortigas & Company
Website Capitol Commons

Capitol Commons is a mixed-use development under construction in Pasig, Metro Manila, Philippines. It is a redevelopment of the former Rizal Provincial Capitol complex located in the village of Oranbo adjacent to the Ortigas Center financial district. The 10-hectare (25-acre) site being developed by Ortigas & Company Limited Partnership, the same developer behind Ortigas Center, features Pasig's first high-end shopping center called Estancia at Capitol Commons. When completed, the P25-billion mixed-use commercial, residential and office development will have 35,000 square metres (380,000 sq ft) of retail space, 20,000 square metres (220,000 sq ft) of office space for knowledge process outsourcing (KPO) companies, and 280,000 square metres (3,000,000 sq ft) of residential units.[1] A Capitol Commons Park and open spaces are also planned within the property which would take up more than fifty percent of the development.[1]

Location

Capitol Commons under construction on Meralco Avenue

Capitol Commons is situated in the southern portion of the barangay of Oranbo in the western part of Pasig just north of the village of Kapitolyo. It is an eastern extension of Ortigas Center bounded by Meralco Avenue on the west, Shaw Boulevard on the south, Camino Verde Road to the east, and Capt. Henry Javier Street to the north. It is located close to major Pasig landmarks such as the PhilSports Complex, the Department of Education main offices, Valle Verde Country Club, and the University of Asia and the Pacific. The development is served by Shaw Boulevard MRT Station which lies approximately 1 kilometre (0.62 mi) to the west.

History

The old capitol of Rizal

The Capitol Commons site formed part of the Hacienda de Mandaloyon which Ortigas & Co. founder Don Francisco Ortigas y Barcinas purchased from the Augustinian religious order during the early days of the American colonial period.[2] The estate spanned 4,033 hectares (9,970 acres) covering parts of Pasig, Mandaluyong, Quezon City and San Juan in what was then the province of Rizal. Over the years, Ortigas & Co. developed and sold off most of the former estate as subdivisions or villages such as Valle Verde, Greenhills, Wack Wack and Greenmeadows. In 1950, the provincial capitol was moved from its former location on the Mariquina River in Pasig to this new site donated by Ortigas & Co. The Rizal capitol stood on this site for close to 60 years even after Pasig was separated from the province and annexed to Metropolitan Manila in 1975. In 2008, the Rizal provincial government finally moved its capital to Antipolo with its new capitol located near the Ynares Center. Ownership of the old capitol site was then transferred back to the Ortigas company for redevelopment as a commercial center in 2011.[3]

Estancia Mall and Office Complex

Estancia is the upscale retail anchor for the Capitol Commons development. It has 30,000 square metres (320,000 sq ft) of leasable space in three levels and is anchored by international furniture retailers West Elm and Pottery Barn.[4] The lifestyle center also carries other international brands such as Aéropostale, Old Navy, Cortefiel, Debenhams, Kurt Geiger, Diesel and Isaac Mizrahi. It is also home to several global restaurant chains such as Coco Ichiban and TWG Tea. A major component of the Estancia mixed-use complex is the North and South Wings which house 19,461 square metres (209,480 sq ft) of business process outsourcing (BPO) office space accredited by the Philippine Economic Zone Authority (PEZA). It was completed in 2014.[5]

Other projects

Capitol Commons Park
Residential
Retail

References

Coordinates: 14°34′33″N 121°03′49″E / 14.575833°N 121.063611°E / 14.575833; 121.063611

This article is issued from Wikipedia - version of the 11/14/2016. The text is available under the Creative Commons Attribution/Share Alike but additional terms may apply for the media files.