PBA coliseum talks in crucial stage – Buddy

source: Tito S. Talao | mb.com.ph

If these were a basketball game, negotiations for the construction of a PBA coliseum at the EDSA Central Complex on Shaw Boulevard, according to the multi-million peso deal’s “point guard,” would be in its last two minutes.

“We are now in the peak of talks, a most crucial stage,” said Sta. Lucia Realty governor Buddy Encarnado, the chief negotiator between the PBA Board of Governors and Greenfield Development Corporation.

“The nitty-gritty of the financial concerns will now come into play.”

Encarnado, described by PBA chairman Rene Pardo of B-Meg Derby Ace as “our point guard” from the initial exploratory talks to the more concrete current discussions with Greenfield chairman Jeffrey Campos and executive vice president and general manager Atty. Duane Santos.

Actually, I’ve been silently holding talks with the Greenfield people for quite some time now,” said Encarnado.

“Without fanfare nga lang. But when everything went to its proper places and we started having a fruitful discussion, that was when I involved the PBA board na.”

Grand plans are afoot to give the sprawling complex across EDSA Shangri-La a huge facelift, with malls and high-rise buildings up for construction.
As a realtor, I think that will be the best location the PBA could ever have,” said Encarnado. “It’s located in a busy intersection and right beside the MRT, with buses, jeepneys and taxis plying the route, not to mention its proximity to Pioneer Street.” Pardo and several league governors have had at least two meetings with the developers, and the PBA chairman emerged from them with an optimistic view of the path the project was taking.

“I think both sides are very interested in making this long ago dream into a reality,” said Pardo, who gave credit to former PBA chairman Ricky Vargas of Talk ‘N Text for jumpstarting the plan three years ago.

“Carry on lang ito ng vision ni Chairman Ricky,” Pardo said.

Vargas was elated over the development.

I am extremely delighted to hear that the PBA board thru the leadership of Mr. Pardo has revived the plan and made building a PBA home a priority for his term as chairman,” Vargas said. “An excellent start that deserves all our support. He has kept the dream alive.”

PBA commissioner Sonny Barrios said the success of the project could only redound to the benefit of pro basketball fans.

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