Posted May 7th, 2012 by Jenniffer B. Austria
[ manilastandardtoday.com ]
Rockwell Land Inc., the real estate arm of Manila Electric Co., has lined up three projects that are expected to begin construction this year.
The company, according to the prospectus filed with the stock exchange, plans to launch a mixed-used development by mid 2012 on a 3.6-hectare property adjacent to Rockwell Center that it acquired last year.
The project, called the Greater Rockwell, will expand the current Rockwell Center on the east side. Design and planning works are currently underway.
Rockwell Land will also build Lopez Tower with retail component at the Rockwell Center in Makati. The office building will serve as the headquarters of the different companies within the Lopez Group.
Construction of the tower is scheduled by the middle of the year and is expected to be completed over the next three years.
Another project is 205 Santolan, the company’s first townhouse community venture.
It will be situated on a 1.8-hectare land located near the Santolan-Ortigas Avenue intersection. Jenniffer B. Austria
(Published in the Manila Standard Today newspaper on /2012/May/07)