Giant Hole Ortigas, may misteryo palang bumabalot na hindi alam ng marami

If you are a commuter or a daily driver passing by EDSA, it is no doubt that you are aware about the huge hole in the ground of Ortigas Avenue.

And if you ride MRT, for sure that you have seen a much better view of that deep pit right across from Robinsons Galleria and the POEA (Philippine Overseas Employment Administration) building.

The said area, which is now the habitat of vegetation and moss has sparked speculations over the years.

Why is it there? Is that an unfinished project? Is that an aftermath of an earthquake?

But according to Esquire Magazine, here’s what exactly happened:

“In the mid-1990s, the lot owner, a company called San Buena Realty and Development Corp., partnered with E. Ganzon Inc (EGI) to develop the land. The site measures 4,109 square meters and the idea was to build a 77-story mixed-use building with an eight-story basement. It was going to have a hotel, luxury residential units, and a bar right at the top. The project was to be called SkyCity Tower, and the developers had dreams of it being the tallest building in the country.” the wrote.

But due to lack of credentials and permits, the said project was postponed, leaving the gaping hole stuck in the area.

The Court cannot find fault in HLURB’s assertion that the real test of whether a land use serves the need of a district is not in the size or height of the buildings but in the sufficiency or surplus of the business or human activities in a given district to which they cater,” Supreme Court Justice Roberto Abad says in the decision.

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