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Ordinance classifies 250-ha QC land as central business district

/ 02:29 PM April 02, 2012

MANILA, Philippines—The Quezon City council has passed an ordinance classifying 250.6 hectares of the North Triangle, East Triangle and the Veterans Memorial Medical Center as a Central Business District.

The measure was approved on third and final reading last week.

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In a statement, the city government said the new ordinance will boost Quezon City’s economic growth and development.

The measure also includes a CBD Master Plan for the orderly organization of the area with distinct regulations and standards not provided for in existing laws.

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Under the ordinance, the Quezon City’s own CBD comprises of five districts–the Triangle Exchange, the Emporium, the Downtown hub, the Residences and the Commons.

According to the master plan, it will be bounded by the stretch of EDSA from the MRT North Avenue station up to GMA-Kamuning station, portions of East Avenue, North Avenue and Elliptical Road.

The Triangle Exchange and Emporium districts will be designated as mixed commercial and retail zones such as shops, restaurants, service establishments, banks, radio and TV stations, etc.

The Downtown hub will be for national or local offices such as institutions of higher learning, medical institutions, academic research or scientific centers, museums and religious structures.

The Residence district will be dedicated to family or individual dwellings where residents will be allowed to practice their professions within the district.

The Commons district will be used as open space zones for parks, open-air sports facilities, memorials or shrines, etc.

The CBD ordinance was introduced by city councilors Julian Coseteng, Precious Hipolito-Castelo, Allan Benedict Reyes, and Eufemio Lagumbay and co-introduced by Gian Carlo Sotto, Anthony Peter Crisologo and Ricardo Belmonte Jr.

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