Skycity (Mandaluyong)

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Skycity
General information
StatusOn hold
TypeMixed use
LocationMandaluyong, Philippines
Coordinates14°35′38.98″N 121°03′29.49″E / 14.5941611°N 121.0581917°E / 14.5941611; 121.0581917Coordinates: 14°35′38.98″N 121°03′29.49″E / 14.5941611°N 121.0581917°E / 14.5941611; 121.0581917
Height
Antenna spire335 m (1,099 ft)
Technical details
Floor count80
Design and construction
DeveloperE. Ganzon Inc. (EGI)
Sam Buena Realty Corporation (1990–2015)
Ayala Land (2015–present)

Skycity is an 80-story unfinished skyscraper in Mandaluyong, Philippines. It is a joint venture between real estate developer E. Ganzon Inc. (EGI) and Sam Buena Realty Corporation.[1] Its estimated height is 335 metres (1,099 ft). If constructed, it will become the tallest building in the country. Skycity is planned as a mixed-used skyscraper with a hotel, office space and residential space.

Construction was suspended due to a lawsuit filed by a homeowners' association from nearby upscale Greenhills East Village. As of September 14, 2005, the Philippine Court of Appeals promulgated a resolution allowing the developers to resume construction of the skyscraper.[1] As of 2008, it was noted that no construction work had proceeded on the excavation area, which is the only completed phase of the project. In 2010, the second division of the Philippine Supreme Court rejected the challenges of the Greenhills East Association, and the developer said that the project (now described as a 77-story building with 8 basements) would proceed.[2][3]

Acquisition by Ayala Land[edit]

In December 2016 it has decided to sell the property due to lack of time and resources to finish the building.

In September 2017, developer Ayala Land acquired the Skycity, previously owned by E. Ganzon Inc. Ayala said that it would not demolish the existing building which is still structurally sound even after almost 10 years of abandonment.

References[edit]

  1. ^ a b Business World, September 29, 2005 "Homeowners Lose Suit Vs Skyscraper Project"
  2. ^ "Supreme Court okays Edsa-Ortigas high-rise", Manila Standard Today, January 30, 2010.
  3. ^ "SC decision on 77-storey Skycity condo project affirmed with finality", Manila Bulletin, April 24, 2010.

External links[edit]

See also[edit]