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The Meralco Building was built in 1965. At the time of its completion it is one of the largest and tallest commercial buildings in the Philippines. [2] [3] The Meralco Theater was inaugurated within the Meralco Building on March 22, 1969.
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The avenue ends at Ortigas Avenue with the Meralco Building as a terminating vista. Before August 2012, the approximately 0.5-kilometer (0.31 mi) segment from Capt. Henry Javier Street to Shaw Boulevard was previously a 9.7-meter-wide (32 ft) two-lane road.
West of Meralco Avenue, the avenue officially enters the Ortigas Center business district. It passes the office towers in San Antonio, Pasig , toward the border with Barangay Wack-Wack Greenhills, Mandaluyong , at the intersection with ADB Avenue and San Miguel Avenue, where the El Pueblo Real de Manila strip mall is located.
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El-Pueblo, a colonial-themed commercial complex in Ortigas Center, provides new concept of cafes, restaurants and bars. Metrowalk (formerly Payanig), a commercial hub along Ortigas Avenue and Meralco Avenue, was established in 2005 and comprises shops, depot warehouses, stalls, restaurants and bars. Bridgetowne Destination Estates, a 31-hectare ...
Ownership of Meralco Securities Corporation was placed under a newly created shell company called the Meralco Foundation, Inc., controlled by Marcos' brother-in-law Benjamin Romualdez, [9] which made a downpayment of about $1,500 for a "very minimal" total sale price of about $28 million (200 million pesos at the prevailing rate). Installment ...
Ortigas Center is a central business district located within the joint boundaries of Pasig, Mandaluyong and Quezon City, within the Metro Manila region in the Philippines. With an area of more than 100 hectares (250 acres), it is Metro Manila 's second most important business district after Makati Central Business District . [ 1 ]