Thursday, December 27, 2012

Ortigas Sets Example for Effective Urban Planning in Circulo Verde

Press Release:

Premiere property developer, Ortigas & Co., recently announced its plan to construct a two-way, 137m link called the Circulo Verde Bridge that would connect Quezon City to Pasig.

Quezon City is home to Circulo Verde, a 12-hectare residential project located in Bagumbayan, which has access to key cities like Makati, Pasig, and Mandaluyong. It was designed to maximize the area’s natural features and provide as much as 70% open space for various recreational activities.

Map to Circulo Verde

The object of constructing the bridge is to mitigate traffic in nearby barangays and provide alternative routes to private vehicles going to Amang Rodriguez and parts of Ortigas Ave. Extension.

In a traffic study commissioned by Ortigas, an average of 1,400 vehicles pass by Calle Industria between 7:00 – 8:00 AM and 1,000 between 5:00 – 6:00 PM; from Caruncho Road to Amang Rodriguez, the average is 1,800 in the morning and 1,500 in the afternoon.

The steel suspension bridge, which length is about a quarter of the Guadalupe bridge, will have a 7.32-meter carriage width at 3.66m for each side. Anchored on Circulo Verde’s perimeter road, the Circulo Verde Bridge will have a capacity of at least 840 vehicles that could reduce the volume of vehicles from Calle Industria and a portion of the Ortigas Ave. Ext. by as much as 60%. Based on the final design, construction can be completed in approximately 12 months, from June 2012 until June 2013, with an estimated cost of P200 million.

The Guest House at Circulo Verde

“The strength of Circulo Verde lies in its size. It is big enough to be master-planned, to create ideal conditions for effective traffic flow, privacy for residents, and a very generous green space,” says Joey Santos, General Manager of the Real Estate Division of Ortigas & Co.

The first two towers of Circulo Verde, Majorca and Ibiza are set for turnover this 2012, while the third and fourth towers are currently under construction. By June 2013, during the completion of the bridge, residents of the two towers should have already settled in.

Aside from the construction of the Circulo Verde Bridge, the enhanced master plan also calls for the relocation of retail spaces from each tower to a 10,000 sqm. standalone retail center.

Circulo Verde's Multi-Purpose Open Field

Circulo Verde also boasts of an expansive open space that includes a central community park and other amenities such as basketball and tennis courts and swimming pools.

The development is made even more exclusive with the elevation of the residential towers to an expansive podium that is accessible only to residents.

 “In keeping up with our tradition of delivering highly coveted residential developments, Ortigas has master planned Circulo Verde, making the one-of-a-kind community even better while maintaining the promise of delivering an exclusive urban sanctuary,” concludes Mr. Santos.

Ortigas & Co. is the company behind longstanding residential developments like the Greenhills Subdivisions and Greenmeadows, as well as commercial centers like Greenhills Shopping Center and Tiendesitas. For more information, visit www.CirculoVerde.com.ph or contact +632 6381641.


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