Ortigas & Company, Limited Partnership






Profile

For 81 years, Ortigas & Company has been perfecting the art of life, work, and leisure by conceiving of and building master-planned developments that have become thriving communities over time - paradigms of excellence in the Philippine real estate landscape.

Today, Ortigas & Company counts in its portfolio some of the country's best residential, business and commercial developments - including the landmark Greenhills Shopping Center, financial district Ortigas Center, value regional shopping destination Tiendesitas in the mixed-use prime location of Frontera Verde, residential areas Valle Verde subdivisions, Greenmeadows, Greenhills subdivisions, Luntala, Circulo Verde and Viridian in Greenhills.

Ortigas & Company will continue to innovate and introduce new ideas that are in step with the times and needs of Filipinos. Ortigas & Company rise to the challenge of the future as the company continue to embark on ventures that contribute to nation-building, and support causes that will help improve the lives of our fellow Filipinos. And the company will serve with the same passion, dedication, and energy that have driven Ortigas & Company all these years.

The future beckons with countless opportunities for innovation and growth. Ortigas & Company welcomse it with full confidence as the company count on their distinguished partners and loyal customers as the company all pave the way to a brighter future ahead.

In July 2009, the company that transformed vast grasslands into thriving urban complexes will celebrate its 78th year. With pride, we revisit the companys beginnings and its contribution to painting the urban landscape of what we now know as Metro Manila.

The Beginning
The Hacienda de Mandaloyon
originally formed part of the estate holdings of the Augustinian Order. The property covered an area of 4,033 hectares.

On January 20, 1920, the Augustinian Fathers sold this property to Dr. Frank W. Dudley and Don Francisco Ortigas. Dr. Dudley later surrendered his interest to Phil C. Whitaker, and the company became known as Whitaker and Ortigas.

In the following years, there were several changes of partners. Then, on July 10, 1931, the company was incorporated Ortigas, Madrigal y cia., S. en C. as a limited partnership by shares (sociedad comanditaria por acciones). The parties to the partnership were Francisco Ortigas (Don Paco), Vicente Madrigal, B.C.M. Johnston, Fulgencio Borromeo, Clyde A. Dewitt and Manuel L. Quezon. All the incorporators, except Quezon, who was President of the Philippine Senate at that time, were constituted as managing and general partners (socios gerentes colectivos) while the other shareholders were designated limited partners (socios comanditarios).

The objective of the partnership was to acquire the Hacienda de Mandaloyon, which spanned the municipalities that are now known as Mandaluyong, San Juan, Pasig & Quezon City. The Estate was to be disposed of either in large tracts or developed subdivided lots.

In 1956, Vicente Madrigal withdrew from the partnership and the partnerships name was correspondingly amended to Ortigas & Company, Limited Partnership.

In 1985, the Ramirez and Lanuza groups of general and limited partners who held 42% of the entire partnerships equity also withdrew from the partnership.

The Mandaluyon Estate

When Ortigas & Company took over management of the estate, it was a virtual wasteland. It was the vision of the management team, headed by Atty. Francisco Ortigas, Jr., who was President and Chairman at that time that transformed this wasteland into a progressive industrial, commercial, and residential urban complex.

Where wild grass used to grow now stands the following:

... residential subdivisions (Barranca, Capitol, Wack-Wack, Greenhills, Valle Verde, Greenmeadows)

... shopping complexes (Greenhills Shopping Center, Tiendesitas at Frontera Verde, SM Megamall, Robinsons Galleria, EDSA Shangri-La Plaza)

... hospitals (The New Medical City, Rizal Provincial Hospital, Cardinal Santos Medical Center)

... schools (De La Salle - Greenhills, Xavier School, Immaculate Conception Academy, Lourdes School, St. Pedro Poveda College, St. Paul College)

... churches (Santuario de San Jose, Mary The Queen, St. Francis, Our Lady of Peace Parish / EDSA Shrine)

... army camps (Camp Crame, Camp Aguinaldo, Rizal PC Headquarters)

... exclusive golf and country clubs (Valle Verde Country Club, Green Valley Country Club, Wack-Wack Golf and Country Club)

Rising against its skyline are some of the countrys tallest buildings housing some of the countrys biggest industrial and commercial firms.

The initial development strategy was two pronged : (1) develop industrial properties and allow subdivisions and community facilities to emerge around it; and (2) focus on elite motivation: first class homes made attractive by a modern and accessible amenities like private schools, hospitals, churches, post offices, police stations, ample water supply, plus private sports and social clubs

 

 

9th Floor, Ortigas Building
Ortigas Avenue, Pasig City
1600 Philippines
Phone : (632) 631.1231
Telefax : (632) 631.6517
info@ortigas.com.ph

Listings

ID Listing Price
320 LleidaTower1,900,000
321 Seville Residences3,500,000
322 Garden Homes10,000,000
323 The Royalton at Capitol Common4,600,000
324 Viridian at Greenhills6,500,000
325 The Imperium At Capitol Common16,400,000
318 Ibiza Tower3,700,000
319 Majorca Tower3,700,000