Ty’s Federal Land, Orix to develop $300M complex in Taguig
Published in ABS-CBNnews.com on 03/09/2012MANILA, Philippines – George Ty-led property developer Federal Land entered into a joint venture with a Japanese company Orix Corp. to develop a $300 million mixed-use facility in Bonifacio Global City, Taguig.
The two companies have formed a new joint venture company Bonifacio Landmark Corp. (BLC) for the new project, which will be located at the northeastern section of Global City. Federal Land and Orix will jointly finance and develop the project.
The new complex, which will have a hotel, prime office and residential condominiums, will be managed by Grand Hyatt Hotels Worldwide. The project will offer 40,000 square meters of premium office units, first-class residential apartments, as well as high-end retail establishments and a 66-storey high luxurious condo hotel.
The Grand Hyatt Hotel is currently being constructed and is set to be completed by 2015.
BLC Chairman Alfred Ty said this project with the Japanese company is a vote of confidence for the Philippines.
“We are delighted to join hands with Orix Corp. once again to develop what could truly become another landmark development in the Philippines. We are very excited with the prospects of this development and to the many contributions it can bring to our tourism industry and the overall economy,” he said.
Ty signed the memorandum of understanding with Orix Corp. chairman Yoshihiko Miyauchi in Tokyo last year, in the presence of President Benigno Aquino III.
This will be the second partnership between the two companies. Federal Land and Orix co-developed The Grand Midori Makati, a two-tower residential community along Legaspi Village, Makati.
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Federal Land plans second tower in Bonifacio
By Zinnia B. Dela Peña, Published in The Philippine Star on 2/13/2012
MANILA, Philippines – Following the success of its New York inspired luxury residence Parkwest Tower, Federal Land Inc. is planning to build a second tower within the 10-hectare integrated community in the northern portion of Bonifacio Global City.
The new tower to be called One Bloomberg Place is part of a series of planned cluster condominiums designed for the middle to upper-mid market. This will be followed by the third tower to be called One Liberty Place.
Both towers, each 50-stories high, will make available 896 residential units each.
Parkwest Tower is a 41-story tower that had its pre-selling launch in mid-2011.
Slated for completion by 2015, the project is one of two current developments in Bonifacio North CBD. The other is the $300-million Metrobank/Grand Hyatt project, a mixed-use development comprising premium office floors, a luxury Grand Hyatt Hotel featuring 441 rooms, and first-class branded residential apartments sharing a common podium that will be occupied by high-end retail establishments.
The Metrobank/Grand Hyatt project will have two towers, the first of which will be a 66-story structure envisioned to be the country’s tallest skyscraper. The buildings lower half will be dedicated to office floors for sale or long-term lease while the upper half will be occupied by the Grand Hyatt Hotel.
The second tower consists of a 45-storey first class residential building that will house 248 apartment units with a total saleable area of 39,271 square meters.
The integrated community is a joint venture between Federal Land and Orix Risingsun II, a company controlled by Japan’s Orix Corp.
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Reward Yourself a Luxurious Home
Published in Manila Bulletin on November 10, 2011MANILA, Philippines — The rich and famous are masters of their game. They work hard and are constantly striving for perfection. At the end of the day, they reward themselves with the best that life has to offer – like an opulent sanctuary in the heart of a cosmopolitan city.
Living at The Grand Midori Makati, a project of Federal Land-Orix (a joint venture of Federal Land Inc. and Orix Corp. of Japan), is like sitting on the lap of luxury every day. It is the ideal reward one can give to hard day work since it is a symbol of a person’s success.
Owning a unit here is a social status in itself because of its enviable location. It is tucked in the quiet part of Makati – the hub of business, commerce and leisure in the metropolis – yet it is a few minutes away from the center of action and places of interests.
This address is complemented by an array of amenities and facilities starting with the grand porte cochere that greets residents and guests with a stately welcome.
The amenity area bears the touch of Tange Associates, the world-renowned architectural firm known for its contemporary concepts. It is the centerpiece of the project, the culmination of The Grand Midori Makati’s overall theme of the height of Zen living.
The word ‘Midori’ literally translates to “green” in Japanese, and this concept cascades to its eco-friendly facilities in the common areas. The 20-meter lap pool, Zen garden on every floor, 100-meter jogging path, Koi pond at the lobby and modern fitness center are cohesive in promoting a healthy lifestyle and in soothing the soul.
The sophistication is evident through its state-of-the-art security system which guarantees peaceful and secured living for its residents. The presence of CCTV units in every floor augments the protection of a 24-hour security guard coverage. Residents are also issued a personal access card key (PACK) for specific elevators to limit entrance to owners of units in that area.
The sizes of units are extraordinary and feature a balcony and expansive windows that afford a view of the Makati skyline.
Unit owners will enjoy a high-grade kitchen system which will serve as a gorgeous repository to showcase an impressive collection of delicate china, crystal stemware and the latest line of cooking gizmos.
The units can be viewed at its on-site showroom located along Legazpi St., Legaspi Village in Makati City.
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Upscale condo shows way to Zen lifestyle
Published in Philippine Daily Inquirer on May 28, 2011 by Theresa S. Samaniego
The growing number of health-conscious Filipinos has just added another consideration in buying a condo: wellness and being, while living in the lap of luxury.
And looking for that perfect place in Makati City may not be such a good idea, right? After all, who would want to live in the middle of the busiest business district in the country when all you want is “serenity, tranquility and simplicity” at the end of the day?
Federal Land, the real estate arm of the Ty family’s Metrobank Group, and Orix Corp. of Japan claim to offer such, with its latest upscale development, The Grand Midori.
Japanese design
In an exclusive interview with Inquirer Property, Dennis Lim, senior vice president for sales and marketing of Federal Land, explained that they incorporated Japanese design to imbibe the art of Zen living as well as green architecture that would also benefit its occupants.
Nestled in this so-called Zen lifestyle setting, the 38-story twin-tower condominium development in Makati City offers relaxing amenities including, among others, a Japanese Zen garden on every floor, koi pond at the lobby, 20-meter lap pool, 100-meter jogging path, children’s wading pool, outdoor children’s playground, game and entertainment room, daycare center and a multipurpose hall.
The upscale development also boasts of state-of-the-art security system that will ensure the safety of its occupants. Lim added that each floor, which has a deck garden, has been structured in a way that it could allow natural light and ventilation, unlike in most Makati buildings where you already see the units left and right as soon as you step out of the elevator.
Solar energy is also harnessed and used to power the lighting requirements of The Grand Midori’s common areas, Lim said. And true to the art of Zen minimalism, The Grand Midori’s lobby—though grand—is not lavish. In fact, Lim explained, most of Federal Land developments would not see lavish lobbies as the company tries to cut the maintenance costs in the long run.
Different units
According to Lim, potential homebuyers can choose from the different units that could suit one’s lifestyle. The Grand Midori offers studio (39 sq m), which is suitable for professionals on the go; one-bedroom unit (51-56 sq m); two-bedroom (87-90 sq m); and three-bedroom (141-146 sq m) units, which are priced between P4 million and P23 million.
Lim disclosed that a lot of the studio and one bedroom units have already been sold.
“Let’s put it this way: Legazpi Village, fully fitted, fully furnished at P12,000 a month—that’s irresistible, isn’t it? Very few upscale developers could offer that. Maybe other developers could offer something similar but at a higher price or a smaller unit size,” Lim said.
Payment terms
“We also offer friendly payment terms, we have bank financing and we endorse our clients to our partner banks,” Lim shared.
He explained that Federal Land, compared to its competitors, can offer more in terms of bigger unit sizes, better finishes for both the amenities area and the units.
And with such a grand development, of course, one would not expect anything less when it comes to tenant’s security. Each tenant, according to Lim, will have his/her personal access card key which would limit his/her access to the ground floor, parking, amenity levels and their own residential floor.
“CCTVs will be installed not just in the elevator and lobby area but in all floors and common areas so that everything will be captured. It would also feature a porte cochere, which is not very common in other developments. This assures tenants that they need not be dropped off on the side streets and there will be more privacy as people from street level would not see the tenants,” Lim noted.
Among these many features, The Grand Midori also boasts of a concealed piping system that assures uninterrupted water supply, should other units need to undergo plumbing work. The companies working on this joint-venture project also ensure that they strictly followed the building code, as with all other projects.
Units of the first tower are expected to be turned over by December 2012.
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Everything grand and green at The Grand Midori Makati
Published in Malaya Business Insight on MAY 19, 2011
Federal Land-ORIX recently celebrated the topping off ceremony of the first tower of The Grand Midori Makati.
Expected turnover of units in the first tower slated for end of 2012.
The company also unveiled the three-bedroom model unit at the project’s on-site showroom.
Fully-furnished units will be made available at the Grand Midori Makati. Comprised of a modern kitchen with built-in LPG system, cabinets, range hood and granite countertop, the same understated elegance is extended towards the rest of the unit. Bathtubs, dual lavatory, air conditioning, and a multi-point water heater are added modest features.
From its spacious and well-appointed units to impressive modern areas designed by world-renowned Japanese firm Tange Associates, this Zen-inspired residential community houses a myriad of the most ambitious lifestyle facilities. A stately 20-meter lap pool, a multi-purpose hall, a fully-equipped day care center, a game room, a spacious outdoor children’s playground and a Zen garden on every level are just a few of its amenities. The fitness gym, which is fully-equipped by Life Fitness offers a total wellness experience.
The Grand Midori Makati’s porte-cochère is a Federal Land trademark that conveniently transports unit owners to the building’s grand lobby.
Federal Land-ORIX president Jose Mari Banzon said the Grand Midori Makati has exceptionally been fashioned for the select few who relish the Japanese virtues of simplicity, elegance, and serenity.
Given The Grand Midori Makati’s creative and well-planned building lay out, its location is just as ideal. Strategically located at Legaspi Village, this upscale residential condominium has the country’s famed Makati Medical Center as its neighbor. The Greenbelt Shopping Complex, Makati Shangri-la Hotel and the Philippine Stock Exchange are minutes away, so are the rest of the Makati business powerhouses.
The Grand Midori Makati is also complemented by topmost security.
The Grand Midori Makati is the maiden undertaking of a joint venture between three trusted names in their respective industries – Federal Land Inc., ORIX Corp of Japan and Metrobank.
Internationally-acclaimed Filipino architectural firm W.V. Coscolluela and Associates spearheads the project’s overall design.
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New Makati high-rise rewriting rule in high-end home security
Published in Philippine Daily Inquirer on April 30, 2011
MANILA, Philippines – Already redefining privileged living standards with everything in quality, luxury and service, The Grand Midori Makati has another symbol of excellence, one that every cosmopolitan homeowner only dreams of – security that can rival, or even surpass that of five-star luxury resorts.
Indeed, The Grand Midori Makati has been conceived with a signature mix of the unique craftsmanship, dedication and passion for quality by Federal Land Inc., ORIX Corporation of Japan, and Metrobank.
“In a way, given its seamless fusion of convenience, elegance, and security all in one grand design, The Grand Midori Makati may even be described as the latest high rise to rise out of Makati that represents luxury at one’s fingertips,” beams Jose Mari Banzon, general manager of Federal Land, Inc.
Situated in a high profile neighborhood that houses not just the Makati Central Business District but also the country’s most unique and opulent lifestyle experiences, The Grand Midori Makati is a luxury residence that offers comfortable lifestyle complete with all the amenities and perks one can expect from the finer things in life. Its minimalist-styled, grand fusion of Filipino-Japanese ingenuity and design has made it even more unique.
This truly indulgent home incorporates the conveniences of modern technology into its overall atmosphere. From unit finishes to the creative and elegant display of amenities, this new development also sets the tone for a privileged lifestyle.
At The Grand Midori Makati, indulgence overlaps with convenience as unit owners and visitors can be picked up or dropped off at the building’s elegant porte-cochère leading straight to the grand lobby. The soothing Koi pond at the lobby and the Zen garden to be found in every floor also serve as welcome respite from the over-stimulating clutter of the outside world.
And here’s more: Prioritizing residents’ well-being, The Grand Midori Makati uses state-of-the-art security system starting with the issuance of Personalized Access Card Key (PACK) to unit owners. The PACK assures home owners entrance only to their floor, eliminating unauthorized access. The installation of dual close circuit cameras in all floors and in the common areas further seals The Grand Midori Makati’s emphasis on redefining luxury, style and comfort.
Such attention to details is a manifestation of the developers’ brio and their commitment in creating a residential centerpiece that’s brimming with world-class design (by leading Japanese firm Tange Associates, who did the blueprints of stately developments like The Romeo Hotel in Italy and One Raffles Place in Singapore, is in charge of designing The Grand Midori Makati’s common areas) while its state-of-the-art amenities have also been designed to transcend the concept of luxury living.
That said, The Grand Midori Makati unleashes a vision of cosmopolitan living – giving its residents a new experience of the luxurious lifestyle. Model units of The Grand Midori Makati can now be viewed at its on-site showroom located along Legazpi St. Legaspi Village, Makati City.
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High-end home security
Published in The Philippine Star on January 29, 2011
MANILA, Philippines – Already redefining privileged living standards with everything in quality, luxury and service, The Grand Midori Makati has another symbol of excellence, one that every cosmopolitan homeowner only dreams of — security that can rival or even surpass that of five-star luxury resorts.
The Grand Midori Makati was conceived with a signature mix of the unique craftsmanship, dedication and passion for quality by Federal Land Inc., Orix Corporation of Japan, and Metrobank.
“Given its seamless fusion of convenience, elegance, and security all in one grand design, The Grand Midori Makati may even be described as the latest high-rise that represents luxury at one’s fingertips,” beams Jose Mari Banzon, general manager of Federal Land, Inc.
Situated in a high-profile neighborhood that houses not just the Makati Central Business District but also the country’s most unique and opulent lifestyle experiences, The Grand Midori Makati is a luxury residence that offers a comfortable lifestyle complete with all the amenities and perks one can expect from the finer things in life. Its minimalist-styled, grand fusion of Filipino-Japanese ingenuity and design has made it even more unique.
At The Grand Midori Makati, indulgence overlaps with convenience as unit owners and visitors can be picked up and dropped off at the building’s elegant porte-cochère leading straight to the grand lobby. The soothing koi pond at the lobby and the Zen gardens found on every floor also serve as welcome respite from the over-stimulating clutter of the outside world.
At The Grand Midori Makati, indulgence overlaps with convenience as unit owners and visitors can be picked up or dropped off at the building’s elegant porte-cochère leading straight to the grand lobby.
And here’s more: Prioritizing residents’ well-being, The Grand Midori Makati uses a state-of-the-art security system starting with the issuance of Personalized Access Card Key (PACK) to unit owners. The PACK assures homeowners entrance only to their floor, eliminating unauthorized access. The installation of dual close circuit cameras on all floors and in the common areas further seal The Grand Midori Makati’s emphasis on redefining luxury, style and comfort.
Such attention to detail is a manifestation of the developers’ commitment to creating a residential centerpiece that’s brimming with world-class design by leading Japanese firm Tange Associates, who did the blueprints of stately developments like The Romeo Hotel in Italy and One Raffles Place in Singapore, is in charge of designing The Grand Midori Makati’s common areas, while its state-of-the-art amenities have also been designed to transcend the concept of luxury living.
That said, The Grand Midori Makati unleashes a vision of cosmopolitan living — giving its residents a new experience of the luxurious lifestyle. Model units of The Grand Midori Makati can now be viewed at its on-site showroom along Legazpi St., Legazpi Village, Makati.
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The Grand Midori Makati – the address you’d be proud to call home
MANILA, Philippines – A new, opulent address in Makati is fast becoming the talk of the town these days.
Designed and finely crafted for the most discriminating homebuyers, The Grand Midori Makati — the maiden project of a joint venture between Federal Land, ORIX Corporation of Japan and Metrobank — will soon provide unit owners with space that showcases Japanese virtues of simplicity, elegance and serenity. Its strategic location places future residents at the center of 5-star living. Simply put, it is one new home address in Makati that is set to redefine luxury living; one you’d be proud to call home.
Once completed, The Grand Midori Makati will be in the forefront of luxury living in the city.
“Because of its distinct features, we are proud to say that units at Tower 1 of The Grand Midori Makati are now selling fast,” says Jose Mari Banzon, general manager of Federal Land, Inc. “And with its seamless fusion of convenience, elegance, and security all in one grand design, The Grand Midori Makati is a luxury residence in the city today that offers comfortable lifestyle complete with all the amenities and perks one can expect from the finer things in life.”
Indeed, just a few minutes away are upscale shopping establishments which house the world’s most exclusive labels, the ritziest dining places and trendy lifestyle destinations. Other points of interests such as hospitals, educational institutions, hotels, and the rest of the Makati business powerhouses are also there.
At The Grand Midori Makati, indulgence overlaps with convenience as unit owners and visitors can be picked up or dropped off at the building’s elegant porte-cochère leading straight to the grand lobby.
The Grand Midori Makati is an art in itself, crafted precisely to excite and impress. It is a genuine Zen-inspired sanctuary at the heart of a bustling city. The soothing Koi pond at the lobby and the Zen garden found in every floor serve as welcome respite from the over-stimulating clutter of the outside world.
The whole residential complex, meanwhile, reflects the dynamic marriage of Filipino artistry and Japanese ingenuity through modern-inspired amenities, aesthetic features, and truly functional details. To ensure that its design will be aligned with the concept of sustainable living, top Japanese design firm Tange Associates, the company behind world-renowned developments like The Romeo Hotel in Italy and One Raffles Place in Singapore, has been tapped for the design of the project’s luxurious common areas.
To appeal to the finer taste of discerning homebuyers, the fully furnished units will also have large picture windows and balconies providing a stunning view of Makati skyline. The kitchen is appointed with a built-in LPG system, and is further complemented by modern kitchen system with built-in cabinets, range hood and granite countertop. This subdued elegance cascades towards the rest of the unit.
Knowing that stately lifestyles must be complemented by modern security, The Grand Midori Makati has also come up with sophisticated security measures not common in other high-end developments. Unit owners will be issued their Personalized Access Card Key (PACK) to eliminate unauthorized access to a residents’ floor. Dual closed circuit cameras are also installed in all floors and common areas, backed up by 24-7 roving guards.
The Grand Midori Makati also showcases a number of other amenities that could rival those of other upscale spa resorts. Its grand centerpiece is a majestic 20 meter lap pool plus a wading pool for the kids. Zen living continues with 100-meter jogging trail, a fitness center/gym and a well-equipped day care center. For momentous occasions, a multi-purpose hall can also be made available for such celebration.
The Grand Midori Makati units can now be viewed at its on-site showroom located along Legazpi St., Legaspi Village, Makati City.
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Grand Midori Makati to be part of city’s skyline soon
The Makati skyline is often used as a showcase of the country’s growth and dynamism. A lofty symbol of key movers and shakers in the business sector, it is also teeming with life and non-stop action any time of the day and night.
The first tower of The Grand Midori Makati is expected to add dazzle and prestige to the Makati skyline. The first of the twin tower 38-storey premier high-rise residential community is composed of 369 mixed studio and 1 to 3-bedroom units.
The Grand Midori Makati is crafted with world-class Filipino artistry infused with precise Japanese discipline. It is the maiden project of a joint venture between two business titans — Federal Land, property development arm of Metrobank Group, and Orix Corporation of Japan, an integrated financial service firm.
“By the 2nd quarter of this year, construction work for the first tower of The Grand Midori Makati has already reached the 7th floor and is proceeding as planned. Installation of the precast wall has been conducted at the 3rd floor while preparation has also begun at the basement. Construction’s progress is already visible along Bolanos and Legazpi Streets in Makati ,” said Jose Mari Banzon, general manager of Federal Land.
The Grand Midori Makati is envisioned to be the landmark project that will set the benchmark for high-end condominium living. This project allows residents to experience the height of Zen living amid a fast-paced, thrilling environment with an impressive address. With its streamlined design and premium finishes, it is also able to live up to its reputation as a top quality development.
“The units cut sizes are also bigger than in average developments since our primary market is high profile individuals who have expensive tastes or high lifestyle standards, and are also looking for an ideal investment,” said Banzon.
From the generous spaces of each unit, relaxing elements such as pocket Zen garden and Koi ponds to plant varieties in the common spaces, the design of The Grand Midori Makati is consistent with its sustainable, eco-friendly theme. As its names indicates, Midori (meaning “Green” in Japanese) was designed to help simulate a long term cost-efficiency living which may be evidenced by its natural lighting and ventilation sources.
Once completed, both towers of The Grand Midori Makati will also feature metered LPG services. This will be piped-in for each unit, and may be turned on anytime of the day so unit owners need not call for emergency LPG deliveries anymore.
Other facilities include 20-meter lap pool, a well-equipped fitness center, a 100-meter jogging path and a multi-purpose room. There is also a kiddie pool and an outdoor play area to amuse the young dwellers.
Only in very few high-end condominiums can one see a porte cochere or drop-off area such as the one featured in the development. This elegant driveway leads directly to the building grand lobby so residents and visitors can be picked up with ease and expediency. Adding to convenience are easy access points via the entrance and exit spots located along Legazpi and Bolanos Streets.
The tranquil opulence of the project is backed by state-of-the-art security so residents can enjoy life to the fullest without having to worry about the safety of their family and their home. Round-the-clock roving guards, electronic elevator key cards that allow only residents and their guests access to floor of their units, as well as dual CCTV mounted in common areas and all residential floors are among its security measures.
Crafted with the residents’ peace of mind, the project is conveniently located at the heart of the Makati Central Business District. It is just a few minutes away from the business hubs, premiere shopping and lifestyle destinations and major establishments such as hotels, churches, schools and banks — a feature which not only significantly cuts travel time to work and other stops but also eliminates the need to use any mode of transportation.
Tange Associates, world-renowned Japanese design firm of The Romeo Hotel in Italy, the One Raffles Place in Singapore, West Kowloon Arts and Cultural District in Hong Kong, and The Mode Gakuen Cocoon Tower in Tokyo was the brains behind the luxurious common areas of the project while internationally-acclaimed Filipino architectural firm W.V. Coscolluela and Associates was also tapped to spearhead the project’s overall design. Kajima Philippines, Inc., known for being the global leader in design, engineering, construction and real estate development, is its project manager.
The Grand Midori Makati showroom is located at the ground floor of GT Tower International along Ayala Ave , Makati City.
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Grand Midori’s first tower prepares to change Makati skyline
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The Makati skyline radiates the aura of power and money, a symbol of the influential who shape the economy. Soon, another high-rise will add to that powerful skyline – the first tower of The Grand Midori Makati. The first of the twin tower 38-story premier high-rise residential community will be composed of 369 units of studio and one- to three-bedroom units.
The Grand Midori Makati is the maiden project of a joint venture between two business titans – Federal Land, property development arm of Metrobank Group, and Orix Corporation of Japan, an integrated financial service firm.
“By the second quarter of this year, construction work for the first tower has already reached the seventh floor and is proceeding as planned. Installation of the precast wall has been conducted at the third floor while preparation has also begun at the basement. Construction progress is already visible along Bolanos and Legazpi Streets in Makati,” said Jose Mari Banzon, general manager of Federal Land.
The project is envisioned to be a landmark project. It will give residents the experience of Zen living amid a fast-paced, thrilling environment with an impressive address. With its streamlined design and premium finishes, it is also able to live up to its reputation as a top quality development.
“The unit sizes are also bigger than those in the average developments since our primary market are high-profile individuals who have expensive tastes or high lifestyle standards, and are also looking for an ideal investment,” Banzon explained.
The generous spaces of each unit, relaxing elements such as pocket Zen garden and koi ponds in the common spaces, and the design of the towers are consistent with the sustainable, eco-friendly theme. As its name implies, Midori (“green” in Japanese) was designed to help stimulate a long-term cost-efficient living space which is evidenced by its natural lighting and ventilation sources.
“We are envisioning The Grand Midori Makati to be a luxurious condominium that would fuse Filipino artistry and Japanese ingenuity. When completed, it will offer a grand lifestyle through its modern amenities and aesthetic features and its attention to details that are functional and important for its future residents,” he added.
Once completed, both towers will also feature metered LPG services. This will be piped-in for each unit, and may be turned on anytime of the day so unit owners need not call for emergency LPG delivery.
Many amenities also await future residents – a 20-meter lap pool, a well-equipped fitness center, a 100-meter jogging path and a multi-purpose room. There is also a kiddie pool and an outdoor play area to amuse the young dwellers.
The opulence of the project is backed by state-of-the-art security so residents can enjoy life without having to worry about the safety of their families. Round-the-clock roving guards, electronic elevator key cards that allow only residents and their guests access to floor of their units, as well as dual CCTV mounted in common areas and all residential floors are among its security measures.
The project is located in the heart of the Makati Central Business District. It is just a few minutes from the business hubs, premiere shopping and lifestyle destinations and major establishments such as hotels, churches, schools and banks.
Tange Associates, world-renowned Japanese design firm, is behind the luxurious common areas of the project. Well-known Filipino architectural firm W.V. Coscolluela and Associates spearheaded the project’s overall design. Kajima Philippines, Inc., known for being the global leader in design, engineering, construction and real estate development, is its project manager.
The showroom is located at the ground floor of GT Tower International along Ayala Ave, Makati City.
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Zen-living at Grand Midori Makati
MANILA, Philippines – The Makati skyline emanates an aura of power and money. It’s a lofty symbol of influential movers and shakers in the business sector that shape the economy.
The first tower of The Grand Midori Makati is expected to add dazzle and prestige to the Makati skyline. The first of the twin tower 38-story premier high-rise residential community is composed of 369 of mixed studio and one- to three-bedroom units.
The Grand Midori Makati is crafted with world-class Filipino artistry infused with precise Japanese discipline. It is the maiden project of a joint venture between two business titans — Federal Land, property development arm of Metrobank Group; and Orix Corporation of Japan, an integrated financial service firm.
“By the second quarter of this year, construction work for the first tower of The Grand Midori Makati has already reached the seventh floor and is proceeding as planned. Installation of the precast wall has been conducted on the third floor, while preparation has also begun at the basement. Construction’s progress is already visible along Bolanos and Legazpi Streets in Makati,” says Jose Mari Banzon, general manager of Federal Land.
The Grand Midori Makati is envisioned to be the landmark project that will set the benchmark for high-end condominium living. This project allows residents to experience the height of Zen living amid a fast-paced, thrilling environment with an impressive address. With its streamlined design and premium finishes, it is also able to live up to its reputation as a top quality development.
“The units” cut sizes are also bigger than in average developments since our primary market is high-profile individuals who have expensive tastes or high lifestyle standards, and are also looking for an ideal investment,” explains Banzon.
From the generous spaces of each unit, relaxing elements like the pocket Zen garden and koi ponds to plant varieties in the common spaces, the design of The Grand Midori Makati is consistent with its sustainable, eco-friendly theme. As its name implies, Midori (which means “green” in Japanese) was designed to help simulate a long-term, cost-efficiency living, which may be evidenced by its natural lighting and ventilation sources.
“We are envisioning The Grand Midori Makati to be a luxurious condominium that would fuse Filipino artistry and Japanese ingenuity,” adds Banzon. “Once completed, it would offer a completely grand lifestyle not only through its modern amenities and aesthetic features, but also with its impeccable attention to details that are truly functional and important for its future residents.”
Once completed, both towers of The Grand Midori Makati will also feature metered LPG services. This will be piped-in for each unit, and may be turned on anytime of the day so unit owners need not call for emergency LPG deliveries anymore.
A host of other useful amenities also await future residents. These include the 20-meter lap pool, a well-equipped fitness center, a 100-meter jogging path and a multi-purpose room. There’s also a kiddie pool and an outdoor play area to amuse the young dwellers.
At Grand Midori Makati, there’s a porte cochere or drop-off area. This elegant driveway leads directly to the grand lobby so residents and visitors can be picked up with ease. Adding to convenience are easy access points via the entrance and exit spots located along Legazpi and Bolanos Streets.
The property boasts state-of-the-art security so residents can enjoy life to the fullest. Round-the-clock roving guards, electronic elevator key cards, as well as dual CCTV mounted in common areas and all residential floors are among its security measures.
The project is conveniently located at the heart of the Makati Central Business District. It is just a few minutes away from the business hubs, premiere shopping and lifestyle destinations and major establishments such as hotels, churches, schools and banks.
Tange Associates, world-renowned Japanese design firm of The Romeo Hotel in Italy, the One Raffles Place in Singapore, West Kowloon Arts and Cultural District in Hong Kong, and The Mode Gakuen Cocoon Tower in Tokyo was the brains behind the luxurious common areas of the project, while internationally-acclaimed Filipino architectural firm W.V. Coscolluela and Associates was also tapped to spearhead the project’s overall design. Kajima Philippines Inc., known for being the global leader in design, engineering, construction and real estate development, is its project manager.
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Ty-led Federal Land opening 8 new projects
MANILA, Philippines – The real estate arm of businessman George S. K. Ty is set for a bullish run this year by launching eight residential projects, a senior official said late last week.
The number of new projects this year is double the annual average, and this will allow Federal Land, Inc. to tap new markets and meet rising demand for high-rise residential units, Dennis D. Lim, first vice-president for sales and marketing of Federal Land, said in an interview.
“This year, we will be launching about eight more [projects],” Mr. Lim said. “We will be building in more locations as well as continuing multi-tower projects.”
The projects to be launched this year include the new tower of the Bay Garden Club and Residences in Pasay; the sixth tower of the Marquinton Garden Terraces in Marikina; the second tower of the The Peninsula Garden Midtown Homes in Paco, Manila; the second tower of the Grand Midori Makati; the second and third buildings of the Oriental Garden Residence in General Trias, Cavite; and the first of four buildings on a 7,000-square-meter property in Binondo, Manila, he said.
Federal Land launched four projects last year, five in 2008, and four in 2007. “We have not done that scale of opening a project almost every month,” Mr. Lim said.
All eight projects will cater to the lower-middle to upper-middle markets.
Units for the lower-middle and upper-middle markets cost P1.3 million-P1.4 million and P7 million-P8 million, respectively.
Late last year, Federal Land said it would set aside P5 billion for capital expenditures next year, up from the P3.5 billion spent for 2009.
Funds will come from revenues generated by past projects.
Mr. Lim said: “There are some borrowings also but bulk [of spending for the year will be financed by] collections.”Asked whether the real estate firm is looking at selling shares to the public to raise more funds, Mr. Lim said, “Yes, in the future. Not now.”
“The market is there, the resources are there and also the land bank,” Mr. Lim said.
Federal Land has less than a thousand hectares of land for development, including 16 hectares in Marikina and 19 hectares in Parañaque, Mr. Lim said.
“The growth [driver] for the company is to offer projects in places where we do not have a project,” Mr. Lim said.
“By the end of 2010, we would have opened an inventory total of around P15 billion [worth of residential units],” he added.
Moreover, additional land can be secured from the Metrobank Group of Mr. Ty. Federal Land has three joint venture projects with the Metrobank Group — the Capital Towers in Quezon City and the Oriental Place and the Grand Midori Makati.
Late last year, Federal Land launched four projects in Marikina, Makati, Quezon City and Manila, all of which will cost the company P5 billion
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Federal Land-Orix breaks ground for Grand Midori Makati
The much-anticipated maiden joint venture between Federal Land Inc. and Orix Corp. of Japan , together with banking giant Metrobank (MBTC), got off to a lofty start recently with the groundbreaking of The Grand Midori Makati (TGMM). Strategically located within Legaspi Village , a vibrant commercial/business district in Makati , TGMM is fast shaping up to be an important landmark that epitomizes the celebrated partnership between 2 real estate giants – FLI and Orix.
The official rites were held at the actual project site along Legaspi St. in Makati, and was attended by FLI and Orix executives led by Federal Land president Alfred Ty (fourth from right); Federal Land–Orix president Louie Icasiano (right); Federal Land GM Jose Mari Banzon (3rd from right); and Orix Corporation vice president Hiroshi Inui. Joining them during the groundbreaking ceremony were (from left:) Arch. Gary Coscolluela; Theresa Fajardo, VP for Acquired Assets of MBTC; Joshua Naing, EVP/Controller of MBTCl; Ed Alvarez, President of Orix Metro Leasing Corp.; Arch. Willy Coscolluela; and Joey Talusan, FVP for Construction of Federal Land.
Ground works have set the stage for further construction of The Grand Midori Makati, with target turnover date of 2012 for the first tower.
The Grand Midori Makati 