MANILA, Philippines – Real estate developer Century Properties Group Inc. expects more than P8 billion in sales from its eighth and last upscale residential tower in its flagship mixed-development Century City in Makati.
The listed property firm of the Antonio family broke ground yesterday for Century Spire, a 60-story upscale residential and office tower in collaboration with Studio Daniel Libeskind and Armani/Casa Interior Design Studio.
“We’ve sold close to 67 percent of our units to date,” said Jose Roberto Antonio, Century Properties managing director and Century Spire project head.
Antonio said Filipino and foreign buyers are taking advantage of the project’s prime location which is at the heart of modern Makati, stellar architecture, and modern design.
Kristina Garcia, director for investor relations of Century Properties, said projected sales revenue from Century Spire is expected to reach P8.4 billion.
Century Spire is a glass-clad high-rise tower that expands with an iconic crown. World renowned architect Daniel Libeskind created a design crescendo at the top of the tower by placing a glass-clad form between the two highest tower shafts.
“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,” said Libeskind, the master planner for the World Trade Center redevelopment in New York.
“It is a privilege to work with a visionary like Daniel Libeskind. Together with Armani/Casa, he will set the bar even higher for condominium design in the Philippines through Century Spire,” Antonio said.
Armani/Casa, the popular Italian home fashion brand, worked with Studio Daniel Libeskind in designing the interior of the Century Spire, including the double-height lobbies, common areas and amenity spaces.
Upon its completion in 2018, Century Spire will become the centerpiece of the 3.4-hectare Century City development in Makati. It is composed of 35 residential floors with around 500 units, with the rest allotted for office space.
Source: The Philippine Star | May 29, 2014