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Parañaque's P4-B satellite office nears completion
The Philippine Star
|February 18, 2024
The construction of a 15-story satellite office of the Parañaque City government, located in Entertainment City along Coastal Road, is 70 percent complete, Mayor Eric Olivarez announced yesterday.
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He said they expect the project proponent, real estate developer Anchor Land to turn over the city hall satellite by September.
In February 2019, Anchor Land signed a P4-billion public-private partnership contract with the city government to develop a onehectare property located between the Parañaque Intergrated Terminal Exchange and Coastal Mall.
The partnership contract was signed by then mayor and now Rep. Edwin Olivarez and Anchor Land officials. The land is owned by the local government, while Anchor Land will undertake the three-tower project known as the Tower Link.
The first tower will be used as a satellite office for the city government. The second will be an office building while the third tower will be used as a bedspace facility.
This story is from the February 18, 2024 edition of The Philippine Star.
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