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Jul 22 17, 1:00 pm

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Saudi King Salman has ordered the government to pay 60 percent of the salary of private employees affected by COVID-19. The financial support will cover the next three months, Saudi Press Agency reported. King Salman’s order is one of the major relief to private...

Greenhills Shopping Center to undergo major face-lift worth P60B

by | TOP STORIES

Jul. 22, 17 | 1:00 pm

The country’s biggest ‘tiangge’, Greenhills Shopping Center, that carries the widest variety of great finds is currently undergoing a major face-lift, with multi-phase redevelopment.

The ultimate benchmark for value shopping will soon be a large retail-based center mixed with residential, office, and hotel spaces, costing some P60 billion.

“Condominium-living is becoming more acceptable, and this is fuelling a housing boom, as well as a change in lifestyle where people want to live, work and play in the same mixed-use township. We want to take advantage of this trend: this drives our growing portfolio,” Jaime E. Ysmael, President and Chief Executive Officer (CEO) of Ortigas & Co. said in a press briefing.

Thomas Mirasol, Senior Vice President and Chief Operating Officer of Ortigas & Co., said the Greenhills redevelopment will be beefed up with the construction of a new mall.

Photo credit: The Manila Standard

The project will have another bazaar, in addition to the existing one. A department store will also be constructed to augment Greenhills’ retail strengths, along with a new boulevard and cinemas.

“We are looking to add more office buildings and residential towers for the redevelopment’s upcoming phases,” the Manila Standard quoted Mirasol as saying.

Meanwhile, on the heels of this redevelopment plan will be the launching of a new residential tower which will be named the Connor. The Connor should fit well with the bucolic, suburban bustle at the corner of Club Filipino avenue and Eisenhower street.

The 55-storey tower is envisioned to have a fresh take on the iconic estate, which is now being transformed into a complete shop-work-play-live destination.

Mirasol said Connor is projected to break ground in the last quarter of 2017. “We are tapping into the market of second generation Greenhills residents and other Metro Manila residents who are looking for an investment or a home that is centrally located within the city as well as situated in a mixed-use setting,” he said in a media interview.

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Saudi king orders govt to pay 60% of private employees’ wages

Saudi king orders govt to pay 60% of private employees’ wages

Saudi King Salman has ordered the government to pay 60 percent of the salary of private employees affected by COVID-19. The financial support will cover the next three months, Saudi Press Agency reported. King Salman’s order is one of the major relief to private...

Filipino seafarer dies from COVID-19 in the United States

Filipino seafarer dies from COVID-19 in the United States

A Filipino seafarer from the MV Grand Princess cruise ship docked in San Francisco, California has died from the coronavirus disease or COVID-19.    The Philippine Consulate in San Francisco announced on Saturday.   Consul General Henry Bensurto Jr. said in a...

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It has a print run of 60,000 copies and 250,000 readership per week; bolstered by 2.5 million visitors to its website every month. It also has an e-newsletter sent to its 250,000 subscribers every day.

The Filipino Times is FREE and has the widest targeted circulation across the 7 emirates of the UAE.

With more than 2,500 strategic distribution spots, TFT is available where the Filipinos are - at Smart Bus Shelters, Metro Stations, restaurants, supermarkets, schools, airport lounges, Emirates and Etihad Philippine-bound flights, churches, Filipino community events and many more.

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