PHILIPPINES: PROJECTS KICKED OFF, ANNOUNCED
PHILIPPINES: PROJECTS KICKED OFF, ANNOUNCED
Montage will "soon rise in the heart of Cebu City," the Cebu Daily News writes in a report on tall office buildings set for the Philippines. Costing PHP7 billion (US$136.6 million) and spanning three towers, the project from local developer Innoland Development Corp. is also touted as "an iconic hub.” One Montage, the first tower, will rise 28 floors and be turned over in the first quarter of 2019. Eight sets of escalators with a common elevator for all floors, five low-zone elevators, six high-zone elevators, two retail passenger elevators and one service elevator will move people around its total leasable space of 45,000 m2. In Makati City, Innoland will build a 45-floor building called “Altaire” costing PHP6 billion (US$117 million). This tower will have nearly 60,000 m2 of leasable area and is estimated to be completed in 2021.
FIRST SUPERTALL IN BROOKLYN POISED TO RISE
Excavation is underway to make way for New York City's first supertall outside Manhattan, 9 DeKalb Avenue in downtown Brooklyn, New York YIMBY reports, noting that JDS Development and the Chetrit Group are looking toward a 2021 completion. SHoP Architects designed the tower, which will stand 1,066 ft. tall and contain approximately 500 relatively affordable apartments and ground-level retail. Formerly known as 340 Flatbush Avenue Ext., the project includes restoration of the historic Dime Savings Bank building, which will be incorporated into the base. The building itself resembles an elongated, skinny crystal.
STUDIO GANG-DESIGNED APARTMENT TOWER TOPS OUT IN CHICAGO
Solstice on the Park, a 26-story apartment tower designed by Studio Gang in Chicago's Hyde Park, has topped out, Curbed Chicago reports. The project took approximately a decade to come to fruition, ending up as a 250-unit structure with a 300-space parking garage that will be shared with a neighboring property. Its angled, glass façade features panels alternating between vertical and a 72˚ angle, mimicking the position of the sun during the summer solstice. Developed by MAC Properties, Solstice on the Park joins two other Studio Gang-designed buildings in Hyde Park. Residents are expected to start moving in sometime in 2018.
EW OFFICES CLOSED FOR LABOR DAY
The offices of Elevator World, Inc., will be closed for the Labor Day holiday on Monday, September 4. They will reopen on Tuesday, September 5.
