The winning architectural conceptual design for the development of the Diliman property that the Power Sector Assets and Liabilities Management Corporation is tasked to privatize will be subjected to a feasibility study to determine the property’s marketability, validate the cost of investment, and identify appropriate privatization schemes to attract prospective developers. The firm that will conduct the said feasibility study shall be procured through a bidding process.
The winning entry of WTA Design Studio titled, “The East Grid,” aims to develop PSALM’s 5.195-hectare Diliman property into a mixed-use office development integrated with wellness and commercial elements and combined with energy efficient systems and innovative, sustainable design ideas.
The conceptual design will serve as the basis for the master planning and privatization of the Diliman property. The privatization of the property aims to generate additional income for the payment of PSALM’s assumed liabilities.Back