Ayala Land Inc. (ALI)’s Php 65-billion, 29.1-hectare Vertis North project will be built near the Trinoma complex at the North Triangle, in Quezon City’s latest central business district. Vertis North will be a mixed-use development with a broad range of offices, retail, hotel, and residential developments.
Phase 1, a Php 12 billion-investment, will mark the development of its office, retail, and hotel components within a 7-hectare land area; this is expected to be completed in the next three to four years. This initial phase will raise a total gross floor area of 220,000 square meters, while generating close to 200,000 jobs during its entire development phase, 35,000 of which will be
Vertis North is at the most accessible central business district, strategically located at the northern tip of Quezon City as it is the convergence point of commuter rail lines and three major road arteries, particularly EDSA, Mindanao Avenue, and North Avenue. It also serves as the gateway to the North given its connection to the North Luzon Expressway (NLEx).
ALI is mulling the possibility of building an integrated transport system (ITS) terminal at Vertis North, to be patterned after the Seoul Express Bus Terminal in Gangnam district.
Transportation Secretary Joseph Emilio Abaya said Ayala is likely to submit an unsolicited proposal for the ITS project to be built near the Trinoma mall. The Seoul Express Bus Terminal, located in Gangnam, is the main bus terminal in the South Korean capital. Passengers can buy tickets with designated seat numbers, while the departure and arrival of buses are synchronized. The bus terminal is also linked to the Seoul subway.
ALI’s expansion of the UP-Ayala TechnoHub towards Central Avenue, will see the construction of three more office buildings catering to technology-based businesses. One of the buildings will house the expanded operations of Manulife, the other two are for lease.
Ayala Land also highlights its thrust towards building sustainable, eco-efficient developments by utilizing the latest in storm water management technology in Vertis North, and eventually in all its future urban development projects. “In Vertis North, as in all other Ayala Land developments, we make sure that we do not contribute to the problem further by actively reducing the occurrence of flooding,” explains ALI President Antonino Aquino. “Ayala Land has a very high regard towards promoting urban sustainability, and one way to achieve this is through technologies and innovations that address environmental concerns for extended periods of time.”
We are launching pre-selling residential condominiums soon at Vertis North by Ayala Land.
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