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)
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