Tuesday, April 19, 2011
Lleida: Circulo Verde's Fourth Tower
Ortigas & Co., one of the country’s premiere developers, unveils another residential high-rise within their flagship development, Circulo Verde. Lleida, named after a Spanish Catalonian town, is the first tower in phase one to offer units, mostly studio and single bedroom types, which provide more viable investment options for young professionals, empty nesters, and independent individuals. Two- and three-bedroom units are also available for starting families.
Circulo Verde is a 12-hectare property located along Calle Industria in Bagumbayan, Quezon City. Prior to Lleida, OCLP launched three towers comprising phase one of the whole residential project: Majorca, Ibiza, and Seville, all of which have been received favorably by the market and are meeting construction and sales targets. To date, Ortigas has recorded P1.4B in revenues coming from Circulo Verde unit sales alone.
With a pricing range of 1.8M to 8.5M varying from 21 to 95 square meters per unit, the new tower features, 195 units in twenty-one residential floors, plus two floors for retail. It is being constructed to have a patch of green integrated into the structure called a Sky Garden—a bi-level lush green space occupying the 11th and 12th floor, that offers an excellent view of the city and amenity deck. This is deemed ideal as a lounge and entertainment area.
“Our Sky Garden serves multiple purposes apart from just aesthetics. People living in residential towers are almost always denied the pleasure of having a backyard. This is our way of a providing a green “breathing space,” for those who do not want to stay confined in the four corners of his unit,” says Joey Santos, General Manager of the Real Estate Division.
Residents of Lleida will have access to pools, function rooms, a children’s playground, and the vast open space of Circulo Verde. Phase one residents would also get to enjoy Verde Weekends, an interim development comprised of an open field, where people could enjoy various sports and leisure activities such as flag football, kite flying, and Frisbee. It also has its own set of attractions such as a motorized zip line and a remote control racetrack. Plans are underway for the construction of a baseball diamond and a soccer field. Ortigas has allotted a total of P100M for landscaping, providing residents an ideal space for leisure and living.
In four years, an estimated 2.7 hectares allocated for phase one would already have all five residential towers. Circulo Verde will have a total of 15 residential towers upon the completion of all phases, with 70% of the total land area allotted for greens, parks, playgrounds, jogging and biking lanes.
“Ortigas & Company is committed to provide high-quality developments for working, playing, and living,” adds Santos. “We develop centers for commerce, providing venues for new jobs and business opportunities. We also create exciting commercial spaces like Tiendesitas and the Greenhills Shopping Center, which constantly undergoes redevelopment to address the changing needs of our patrons. And, ever since the 80’s, we have offered prime residential communities like Valle Verde and Green Meadows, which both remain choice addresses for living. Now, we continue our tradition of providing premier residential options with our latest tower Lleida, in Circulo Verde.”
Being a responsible developer, Ortigas & Co. has made precautions against impending calamities like floods to ensure that Circulo Verde secure. Approximately P350 M was allotted to flood protection technology such as building a perimeter retaining wall, which will run one-kilometer on the periphery of Circulo Verde, an eight meter elevation from the Marikina River, automated floodgates, and a back-up pump system.
For more information you may contact the Circulo Verde Guest House at 6381641, the Sales Lounge at 7257894, or visit www.CirculoVerde.com.ph.