Triangle Park

For other uses of Triangle Park, see Triangle Park (disambiguation).

Triangle Park is a 250-hectare mixed-use central business district (CBD) development intended to serve as the gravity of all commercial activities in Metro Manila in the coming years. It is located in Barangay Bagong Pag-Asa, Diliman, Quezon City, Philippines and organized around five districts, each with mixed-use character but with distinct identity. It is one of the three currently existing main business districts of the city - alongside Eastwood City in Libis and Araneta Center in Cubao. It is one of two business districts currently being developed or redeveloped, the other being Neopolitan Business Park in Novaliches.

This business district spans from the East and North Triangles to the Quezon Memorial Circle also encompassing the Veterans Memorial Medical Center (VMMC) property along North Avenue. The World Bank dubbed the project as “the center of gravity of commercial developments in Metro Manila in the coming years.” The site offers the most ideal locations in terms of metropolitan access. It will be linked to at least three MRT-3 stations and has one of the most expansive EDSA frontages, compared to other central business districts. World Bank contracted the Japanese firm, Almec, to complete the framework plan. Two companies have been given permission to develop the remaining empty lots, Ayala Land for the North Triangle[1] and Eton Properties Philippines of the Lucio Tan Group for the East Triangle.[2]

History

The project began as early as May 2002 with the issuance of Executive Order No. 106[3] by then President Gloria Macapagal Arroyo creating the tripartite body called the North Triangle Development Committee that will oversee the development of the Quezon City Central Business District after a visit in the area on February 19, 2012. The Committee is tasked specifically to study and resolve the problem of security of tenure of the residents in North Triangle – a 37-hectare property of the National Housing Authority (NHA) that is leased to the Robinsons Land Corporation.

By 2007, the covered area expanded to 250 hectares while the name and composition of the body tasked to define and implement the plan was changed by Executive Orders No. 620[4] and 620-A[5] issued May 4 and September 11, respectively. These Executive Orders mandate the “rationalization and speeding up of the development of the East and North Triangles, and the Veterans Memorial Medical Center area of Quezon City, as a well-planned, integrated and environmentally balanced mixed-use development model.” It also transformed the North Triangle Development Committee into the Urban Triangle Development Commission (TriDev Commission) and shrank the composition of said body from five to three members.

On March 2012, The Quezon City council has passed an ordinance[6] classifying 250.6 hectares of the North Triangle, East Triangle and the Veterans Memorial Medical Center (VMMC) as a Central Business District including a master plan for the orderly organization of the area with distinct regulations and standards not provided for in existing laws.[7]

Districts

The five districts are Commons, Downtown Hub, Emporium, Residences at Veterans, Triangle Exchange.

Institutions

Commercial Establishments and Malls

  1. Centris Station inside Eton Centris
  2. Eton Cyberpod Centris 1-4 inside Eton Centris
  3. Elements inside Eton Centris
  4. SM City North EDSA
  5. TriNoma

Recreational Centers

  1. Centris Walk inside Eton Centris
  2. Veterans’ Golf Course

Hospitals and Other Medical Institutions

  1. Lung Center of the Philippines
  2. National Kidney and Transplant Institute
  3. Occupational Safety and Health Center
  4. Philippine Children's Hospital
  5. Veterans Memorial Medical Center
Triangle Park, Ninoy Aquino Parks & Wildlife Center.

Parks and Forest Reserve

  1. Ninoy Aquino Parks & Wildlife Center
  2. Quezon Memorial Circle

Schools

  1. NegoSiete Institute
  2. Philippine Science High School Main Campus
  3. Quezon City Science High School
  4. San Francisco High School
  5. Quezon City Polytechnic University at Sto. Cristo

See also

References

  1. ↑ "Ayala Land unveils Vertis North". Retrieved 9 July 2012.
  2. ↑ "Eton Centris". Retrieved 9 July 2012.
  3. ↑ "Creation of the North Triangle Development Committee". Retrieved 9 July 2012.
  4. ↑ "Executive Order No. 620". Retrieved 9 July 2012.
  5. ↑ "Executive Order No. 620-A". Retrieved 9 July 2012.
  6. ↑ "Amended Quezon City Comprehensive Zoning Ordinance". Retrieved 9 July 2012.
  7. ↑ "Ordinance classifies 250-hectare land as central business district". Retrieved 9 July 2012.

External links

Wikimedia Commons has media related to Triangle Park.