There are way too many huge buildings sprouting up in Quezon City already.
“The National Housing Authority has questioned the Quezon City government over its plan to put up a 612-meter tower—which is envisioned as a 200-floor facility—at the Manila Seedling Bank Foundation lot on Quezon Avenue corner Epifanio de los Santos Avenue,” reports Rio N. Araja in Manila Standard Today.
The report noted that NHA general manager Chito Cruz said he has been kept out of the arrangement with Mitsubishi Electric Corp. to build the Philippine Diamond Tower worth PHP15 billion.
Cruz said that “the NHA would assert its right over the seven-hectare project site.” He added that a legal case is an option to prove its ownership.
Meanwhile, Dr. Victor Endriga, senior adviser of the so-called tower project, revealed that Megaworld Corp., Century Properties Group, SM Properties and Ayala Land Inc., wanted to buy the lot.
Endriga was quoted as saying, “The mayor gave us the go-signal to collaborate with Mitsubishi (for) groundbreaking on Oct. 12, the city’s 75th founding anniversary.”
The report added: “Targeted for delivery in 2016, the tower will house an international convention center, a five-star hotel, a shopping mall, restaurants, a disaster-risk management center, a garden park, and a telecommunications hub.”
Photo from Google Maps
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