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Tallest condo coming
 
Victor Agustin
Inquirer News Service

THE KUOKS of Shangri-La fame are building not one but two of the country's tallest residential condominium buildings. They will be built on what is an open car park beside the EDSA Plaza mall in the Ortigas business district, near the EDSA Shangri-La Hotel, according to a company statement. A common podium will link them. In comparison, the twin Pacific Plaza Towers in Fort Bonifacio Global City, near Makati, stand 52 and 53 floors tall, while the nearby twin Essensa towers are both 30-stories tall. The One Roxas Triangle condo building beside the Mandarin Oriental hotel in Makati, a joint venture of the Ayala group and Hongkong Land, is, at 51 stories, a floor shorter than the planned Ortigas condos. Shangri-La, incidentally, shelved the Ortigas project in the wake of the 1997-98 Asian currency crisis and decided just to continue the 46-story Shang Grand Tower in Makati's Legaspi Village, its first venture into the Philippine residential condominium market. The "seven-star" Shang Grand Tower is scheduled for completion by end-2005



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