(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.
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
|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|
|Manila Observatory Dome||None||Observatory||Scrapped/|
|Manila Eye||None||Observatory||Looking for investors|
|Bagong nayong Pilipino Theme Park||Unknown||Theme Park||Part of original plan/design|
(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|
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.