Triangle Park (Quezon City)

Coordinates: 14°39′26″N 121°1′30″E / 14.65722°N 121.02500°E / 14.65722; 121.02500
Source: Wikipedia, the free encyclopedia.

Triangle Park
Central business district
UTC+8 (PST
)

Triangle Park, also known as the Quezon City Central Business District, is a 250 ha (620 acres) central business district in Quezon City, Philippines. It is organized around five districts namely: Commons, Downtown Hub, Emporium, Residences at Veterans and Triangle Exchange.

It is one of the three existing main business districts of the city - alongside

Cubao. It is also 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

EDSA frontages and served by the LRT Line 1, and MRT Line 3 rail systems. The 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 in cooperation with the National Housing Authority (Philippines) 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 (91-acre) property of the National Housing Authority (NHA) that is leased to the Robinsons Land Corporation.

By 2007, the covered area expanded to 250 hectares (620 acres) 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.

In March 2012, the Quezon City council passed an ordinance[6] classifying 250.6 hectares (619 acres) 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]

Economy

The Quezon City Central Business District.

TriNoma along with the Vertis North development of Ayala Malls is located at the western tip of Triangle Park. Also within the area is the Eton Centris
development.

Healthcare institutions

Hospitals found within the Triangle Park are the

Veterans Memorial Hospital. The Occupational Safety and Health Center of the Department of Labor and Employment
is also within the area.

Education

The Diliman campus of the Manuel L. Quezon University as well as the main campus of Philippine Science High School is located within Triangle Park. The PAGASA Planetarium is found within the PAGASA Science Garden.

Parks and recreation space

The

Ninoy Aquino Parks & Wildlife Center
and the PAGASA Garden are found inside the Triangle Park.

National and local government offices

National government agencies holding offices at Triangle Park are: the

National Training Center, the National Transmission Corporation, the National Water Resources Board, the Philippine Drug Enforcement Agency including the Dangerous Drugs Board, and the Philippine Statistics Authority. The Office of the Ombudsman and the Quezon City Central Post Office
is also based in the area.

See also

References

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

External links