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 BayBelle Corp.Casino/ResortUnder Construction
Resorts World BayshoreTravellers International Hotel GroupHotel/ResortProposed
(Construction to Start this year)
Solaire ManilaBloombury Investments Holdings, Inc.Hotel/CasinoOpenning in 2013
Mall of Asia ArenaSM Investments CorporationSports ComplexOpenning in May 2012
Mandara Waterfront ResidencesLandmark CommunitiesResidentialNear Completion
Aseana City Philippine Reclamation Authority and Private CorporationsBusiness CenterSome Phase are completed
Manila Bay ResortsUniversal Entertainment Corp. (Aruze Corporation)Hotel/Resort/CasinoBroke Grounds on early February
NAIA Expressway Phase IIDPWH though PPPRoad/ExpresswayTo Start on the last quarter of 2012

Rumors/Original Plans

PAGCOR TowerNoneObservatoryScrapped
Manila Observatory DomeNoneObservatoryScrapped/
On Hold
Manila EyeNoneObservatoryLooking for investors
Bagong nayong Pilipino Theme Park Unknown Theme Park Part of original plan/design
Manila Monorail
(Makati-Taguig-Pasay Monorail Alignment)
NoneTransit/TransportationOn talk with potential investors
West Marina Bay UnknownResidential/Resort (Floating) Rumor
SM The WorldCenterSM Investment Corp.Shopping Complex Part of original plan/design
SM Shop@BaySM 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.