U.P.–Ayala Land TechnoHub
Commonwealth Avenue | |
Coordinates | 14°39′26″N 121°03′21″E / 14.657229°N 121.055834°E |
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Opening date | November 22, 2008 |
Developer | Ayala Land |
Owner | University of the Philippines Diliman |
Website | ayalalandoffices.com.ph |
The U.P.–Ayala Land TechnoHub is an information technology hub jointly developed by the
Business activities
The entire development was listed as an approved IT Park by the
History
The land where the TechnoHub now stands is owned by the
The TechnoHub is the second U.P.-Ayala joint project, the first being the U.P. South Technopark along C.P. Garcia and Katipunan Avenues; it is then followed by collaborations on Katipunan Avenue south of the UP Diliman campus.[10] Critics have charged that the site represents stealth privatization of part of the university and a gateway for private sector "vultures" to establish a foothold in the non-commercial university. Seven U.P. students were arrested for raising protests to this end during the hub's inauguration on November 22, 2008 they were released without charges.[11]
The first batch of tenants began moving into the technology park in August 2008.[1] In October 2008, Ayala announced that ten startups would move into the northern technology park, in comparison to the nine already located in its southern counterpart.[10]
In July 2009, Ayala and UP Diliman's opened a third collaboration, the DOST-PEZA Open Technology
In 2014, the Quezon City local government planned to auction off the TechnoHub property due to the University of the Philippines alleged failure to pay it P117 million worth of real estate tax. While under the law, educational institutions are exempt from paying real estate tax, the Quezon City Treasury interprets that the property became taxable the moment the university leased it to a private firm. The auction was called off by the Supreme Court through a temporary restraining order.[13]
References
- ^ a b New Ayala technology park ready to welcome tenants, GMA News
- ^ PGMA inaugurates UP-Ayala TechnoHub, Positive News Media via Philippine News Agency
- ^ UP Technology Park granted PEZA perks Archived 2011-07-21 at the Wayback Machine, Manila Bulletin
- ^ Philippine Economic Zone Authority: IT Parks/Centers Archived November 21, 2011, at the Wayback Machine
- ^ IBM to put up second lab in SEA at UP Technopark, Manila Bulletin
- ^ StarTek to expand maiden Philippine operation Archived 2009-05-11 at the Wayback Machine, Manila Times
- ^ Sauler, Erika; Quismundo, Tarra (25 September 2014). "UP vs QC govt: Row looms over Ayala-TechnoHub land". Philippine Daily Inquirer. Retrieved 26 September 2018.
- ^ Ayala earmarks P6 billion for UP property, Business World
- ^ National S&T complex to rise, Philippine Headline News
- ^ a b Ayala signs 10 startups in UP Technopark Archived 2010-01-26 at the Wayback Machine, Philippine Daily Inquirer
- ^ Ayala Land Builds RP's "Silicon Valley"[dead link], Pinoy Herald
- ^ Latest UP Diliman Technopark opens[permanent dead link], Manila Times
- ^ Aning, Jerome (2 October 2014). "Supreme Court stops sale of Ayala TechnoHub land". Philippine Daily Inquirer. Retrieved 26 September 2018.