Bagong Nayong Pilipino Entertainment City (PAGCOR City) 2012 Updates | Freedom Wall
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Bagong Nayong Pilipino Entertainment City (PAGCOR City) 2012 Updates

Bagong Nayong Pilipino Entertainment City (PAGCOR City) 2012 Updates

(Updated: July 2012) Bagong Nayong Pilipino Entertainment City Manila, also called Bagong Nayong Pilipino Manila Bay Tourism City or simply PAGCOR City, is a Las Vegas-like, multi-billion dollar entertainment development at the 100-hectare reclaimed land in Parañaque City, an area south of Mall of Asia. The master plan was shown to the public early 2007 which was initiated by the former PAGCOR Chairman Efraim Geniuno.

The US$20B project initially includes a 665-m (2,182-ft) tall PAGCOR Observatory Tower, believed to become the second tallest structure is the world after Burj Khalifa; a breathtaking Manila Eye, Philippine version of London Eye; a high-speed monorail transit, which will connect the main hub to the airport; PAGCOR Arena; residential complexes; integrated shopping complex; commercial and financial centers; deluxe hotels; casinos and resorts.

Aseana City

Aseana City Artist Rendition [credit to: http://www.aseanacity.com/]

Since the government doesn’t have enough money to make this dream development a reality, the help of investors are much needed. Philippines’ SM Investment Corp., Bloombury Investments Holdings, Inc. and Alliance Global Group Inc., Japan’s Aruze Corporation (now known as Universal Entertainment Corp.) and Malaysia’s Genting Berhad (through Hongkong Genting which tied with Alliance Global to form Travellers International Hotel Group) are few of the prominent names in real estate and community development field that fill the list of stakeholders.

List below show the updates of the project. The Development name is linked to the latest news regarding the updates of the project.


Under Development Phase

Development
Developer/Investor
Type
Status
Belle Grande Manila Bay Belle Corp. Casino/Resort Under Construction
Resorts World Bayshore Travellers International Hotel Group Hotel/Resort Proposed
(Construction to Start this year)
Solaire Manila Bloombury Investments Holdings, Inc. Hotel/Casino Openning in 2013
Mall of Asia Arena SM Investments Corporation Sports Complex Openning in May 2012
Mandara Waterfront Residences Landmark Communities Residential Near Completion
Aseana City  Philippine Reclamation Authority and Private Corporations Business Center Some Phase are completed
Manila Bay Resorts Universal Entertainment Corp. (Aruze Corporation) Hotel/Resort/Casino Broke Grounds on early February
NAIA Expressway Phase II DPWH though PPP Road/Expressway To Start on the last quarter of 2012

Rumors/Original Plans

PAGCOR Tower None Observatory Scrapped
Manila Observatory Dome None Observatory Scrapped/
On Hold
Manila Eye None Observatory Looking for investors
Bagong nayong Pilipino Theme Park  Unknown  Theme Park  Part of original plan/design
Manila Monorail
(Makati-Taguig-Pasay Monorail Alignment)
None Transit/Transportation On talk with potential investors
West Marina Bay  Unknown Residential/Resort (Floating)  Rumor
SM The WorldCenter SM Investment Corp. Shopping Complex  Part of original plan/design
SM Shop@Bay SM Investment Corp. Shopping Complex  Part of original plan/design
Philippine Cultural Arts and Science Center  Unknown  Theme Park  Part of original plan/design
Crown Casino  Unknown  Hotel/Casino  Part of original plan/design
Casino Royale Dome Complex  Unknown  Hotel/Resort/  Part of original plan/design
Planet Hollywood Philippines  Unknown  Hotel/Resort/Theme Park  Rumor
Eagles Crown Stadium  Unknown  Sports Center  Part of original plan/design
Manila Aquatic Center  Unknown  Theme Park  Part of original plan/design
Manila Olympic Park  Unknown  Theme Park  Part of original plan/design
Mandalay Bay Asia Hotel and Casino  Unknown  Hotel/Casino  Part of original plan/design
Pagcor Financial Center  Unknown  Office Tower  Part of original plan/design
TV5 Main Studios  No Official Plan  Studio  Part of original plan/design
ABS-CBN Satellite Office  No Official Plan  Office Tower  Part of original plan/design
SkyTower  Unknown  Office Tower  Part of original plan/design
SM Corporate Twin Tower  No Official Plan  Office Tower  Part of original plan/design

Bagong Nayong Pilipino Entertaiment City Launch

Bagong Nayong Pilipino Entertaiment City Luncheon (foreground: Model of Universal Entertainment Complex)

Please help me constantly update this list. If you see errors or change of the project status, leave your comments with your source and well definitely update the information herewith.

Latest Update: NAIA Expressway Phase II.
 


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