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Century Properties breaks ground for new tower in Makati master-planned village

MANILA – Century Properties Group Inc on Wednesday broke ground on Century Spire, the first project to bear the real еstatе developer’s name in its master planned vertical village in Makati City.

Century Properties flew in celebrated architect Daniel Libeskind, the master planner of the World Trade Center redevelopment, for the groundbreaking of the eighth development in Century City, which is a 3.2-hectare mixed-use community in the country’s premiere financial district.

“I am delighted to be part of a project destined to reshape Manila’s skyline and to make a bold and optimistic statement about the future of the Philippines,” Libeskind said.

On the sidelines of the ceremony, Century Properties director for investor relations Kristina Garcia told reporters that 67 percent of Century Spire has been taken up since its launch in September last year, with the project expected to be sold out later this year. Total sales value of the development is pegged at P8.4 billion.

Set for completion in 2018, the 60-storey Century Spire will be a mixed-use development with a gross floor area of 100,000 square meters, 73,000 square meters of which will be allotted for residential spaces and 27,000 square meters for office space.

Century Spire will offer about 500 units comprising of studio suites, one-, two- and three-bedroom units, and penthouse units. Unit sizes range from 30 to 400 square meters with the price pegged at P250,000 per square meter.

Studio Daniel Libeskind will design the building envisioned to be the centerpiece of Century City, while Italian fashion home brand Armani/Casa Interior Design Studio will take charge of the interior of the tower’s double-height lobbies, common areas and amenity spaces.

“Daniel Libeskind’s design brings another dimension to Century City. He has given us something really iconic in Century Spire. This building will not only change the architectural landscape of Makati, but will likewise elevate the Philippines’ image as a world-class destination,” said Century Properties Executive Chairman of the Board Jose EB Antonio.

Century Properties is known for its portfolio of local and internationally renowned brand partners that include hotel heiress Paris Hilton, American real еstatе mogul Donald Trump, world renowned fashion brand Versace, Italian brand MissoniHome.

Century City is home to the Gramercy Residences, Knightsbridge Residences, Milano Residences interior design by Versace Home, and Trump Tower. It will also feature the state-of-the-art medical facility Centuria Medical Makati and the retail complex Century City Mall.

Source: Interaksyon | May 28, 2014


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